Taxes
- Assessed Value: $21,651
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 136 410 001
- Assessed Land Value: 2333
- Market Land Value: 6999
- Tax Amount: 530.36
- Tax Year: 2025
- Market Value: 64953
- Market Year: 2025
403 E Palace Ave; Hobbs, NM Property Details
Off market
403 E Palace Ave Hobbs, NM 88240
$21,651 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $181,000 / 100%
- Inv. Liens: 1
- APN: 4 000 136 410 001
- Situs County: Lea
- Length Of Ownership: 4 years
Measurements
- Lot: 6,572/SqFt
Legal Description
- Description: VILLA VERDE ADD BLOCK 2 LOT 5 53008 CANTU, RENE ETAL PHOTO 3222023 72922 LOERA, ROSE MARIE SALAZAR
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684746 / -103.13221
- Subdivision: Villa Verde Add
- Property Class: Residential
Amenities
- Plus Four: 7733
Ownership Info
403 E Palace Ave has no associated ownership info
403 E Palace Ave has no associated ownership info.
Taxes
403 E Palace Ave has 10 associated Taxes items
403 E Palace Ave, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $21,651. The APN we've located for 403 E Palace Ave is 4 000 136 410 001.
Unlock the full reportTax History
403 E Palace Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $21,651 | Land Value $2,333 | Improvement Value $19,318 | Tax Amount $530.36 | Change Rate -0.012494% | Assessed CR | Tax Rate +0.024496% |
| Year 2024 | Assessed Value $21,651 | Land Value $2,333 | Improvement Value $19,318 | Tax Amount $537.07 | Change Rate -0.013501% | Assessed CR | Tax Rate +0.024806% |
| Year 2023 | Assessed Value $21,651 | Land Value $2,333 | Improvement Value $19,318 | Tax Amount $544.42 | Change Rate +0.622567% | Assessed CR | Tax Rate +0.025145% |
| Year 2022 | Assessed Value $21,651 | Land Value $2,333 | Improvement Value $19,318 | Tax Amount $335.53 | Change Rate +0.037636% | Assessed CR | Tax Rate +0.015497% |
| Year 2021 | Assessed Value $13,853 | Land Value $614 | Improvement Value $13,239 | Tax Amount $323.36 | Change Rate +0.051065% | Assessed CR | Tax Rate +0.023342% |
| Year 2020 | Assessed Value $13,449 | Land Value $596 | Improvement Value $12,853 | Tax Amount $307.65 | Change Rate +0.053488% | Assessed CR | Tax Rate +0.022875% |
| Year 2019 | Assessed Value $13,058 | Land Value $579 | Improvement Value $12,479 | Tax Amount $292.03 | Change Rate -0.243367% | Assessed CR | Tax Rate +0.022364% |
| Year 2018 | Assessed Value $12,678 | Land Value $562 | Improvement Value $12,116 | Tax Amount $385.96 | Change Rate +0.029968% | Assessed CR | Tax Rate +0.030443% |
| Year 2017 | Assessed Value $36,927 | Land Value $1,638 | Improvement Value $35,289 | Tax Amount $374.73 | Change Rate | Assessed CR | Tax Rate +0.010148% |
| Year 2016 | Assessed Value $35,850 | Land Value $1,590 | Improvement Value $34,260 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $34,806 | Land Value $1,545 | Improvement Value $33,261 | Tax Amount $305.59 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $27,039 | Land Value $1,500 | Improvement Value $25,539 | Tax Amount | Change Rate | Assessed CR | Tax Rate |