Taxes
- Assessed Value: $19,398
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 105 420 001
- Assessed Land Value: 3333
- Market Land Value: 9999
- Tax Amount: 523.53
- Tax Year: 2025
- Market Value: 58194
- Market Year: 2025
404 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 $19,398. The APN we've located for 404 E Palace Ave is 4 000 105 420 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $19,398 | Land Value $3,333 | Improvement Value $16,065 | Tax Amount $523.53 | Change Rate -0.012487% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $19,398 | Land Value $3,333 | Improvement Value $16,065 | Tax Amount $530.15 | Change Rate +0.087688% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $17,593 | Land Value $1,717 | Improvement Value $15,876 | Tax Amount $487.41 | Change Rate +0.043302% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $17,593 | Land Value $1,717 | Improvement Value $15,876 | Tax Amount $467.18 | Change Rate +0.029598% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $16,632 | Land Value $1,667 | Improvement Value $14,965 | Tax Amount $453.75 | Change Rate +0.042648% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $16,196 | Land Value $1,667 | Improvement Value $14,529 | Tax Amount $435.19 | Change Rate +0.059346% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $15,556 | Land Value $1,667 | Improvement Value $13,889 | Tax Amount $410.81 | Change Rate -0.150078% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $15,556 | Land Value $1,667 | Improvement Value $13,889 | Tax Amount $483.35 | Change Rate | Assessed CR | Tax Rate +0.031072% |
| Year 2017 | Assessed Value $46,668 | Land Value $5,001 | Improvement Value $41,667 | Tax Amount $483.35 | Change Rate | Assessed CR | Tax Rate +0.010357% |
| Year 2016 | Assessed Value $46,668 | Land Value $5,001 | Improvement Value $41,667 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $46,668 | Land Value $5,001 | Improvement Value $41,667 | Tax Amount $152.92 | Change Rate | Assessed CR | Tax Rate +0.003277% |
| Year 2014 | Assessed Value $16,911 | Land Value $1,587 | Improvement Value $15,324 | Tax Amount | Change Rate | Assessed CR | Tax Rate |