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404 E Palace Ave; Hobbs, NM Property Details

404 E Palace Ave, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 404 E Palace Ave is 7,087 square feet.

Off market
400 E Palace Ave Hobbs, NM 88240
$19,398 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Est. Equity / %: $180,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 105 420 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 2 months

Measurements

  • Lot: 7,087/SqFt

Legal Description

  • Description: VILLA VERDE ADD BLOCK 1 LOT 10 2499-MAILCOAT, GEORGE C & FANNIE DECD PROB #4456 52615-DE MOSS, CHARLINE E (PR) PHOTO 111319 6
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685173 / -103.13238
  • Subdivision: Villa Verde Add
  • Property Class: Residential

Amenities

  • Plus Four: 7734

Ownership Info

400 E Palace Ave has no associated ownership info
400 E Palace Ave has no associated ownership info.

Taxes

400 E Palace Ave has 10 associated Taxes items

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.

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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

Tax History

400 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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