Taxes
- Assessed Value: $5,527
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 139 110 001
- Assessed Land Value: 579
- Market Land Value: 1737
- Tax Amount: 149.17
- Tax Year: 2025
- Market Value: 16581
- Market Year: 2025
405 E Palace Ave; Hobbs, NM Property Details
Off market
405 E Palace Ave Hobbs, NM 88240
$5,527 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $163,000 / 100%
- APN: 4 000 139 110 001
- Situs County: Lea
Measurements
- Lot: 6,418/SqFt
Legal Description
- Description: VILLA VERDE ADD BLOCK 2 LOT 4 12604 VOORHIES, WILMA J PHOTO AVAILABLE 31711 MENCHACA, GORGONIA ETAL 82421 MENCHACA, DEYBER A
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68473 / -103.132034
- Subdivision: Villa Verde Add
- Property Class: Residential
Amenities
- Plus Four: 7733
Ownership Info
405 E Palace Ave has no associated ownership info
405 E Palace Ave has no associated ownership info.
Taxes
405 E Palace Ave has 10 associated Taxes items
405 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 $5,527. The APN we've located for 405 E Palace Ave is 4 000 139 110 001.
Unlock the full reportTax History
405 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 $5,527 | Land Value $579 | Improvement Value $4,948 | Tax Amount $149.17 | Change Rate +0.017114% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $5,366 | Land Value $562 | Improvement Value $4,804 | Tax Amount $146.66 | Change Rate +0.016073% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $5,210 | Land Value $546 | Improvement Value $4,664 | Tax Amount $144.34 | Change Rate +0.043371% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $5,210 | Land Value $546 | Improvement Value $4,664 | Tax Amount $138.34 | Change Rate +0.002536% | Assessed CR | Tax Rate +0.026553% |
| Year 2021 | Assessed Value $5,058 | Land Value $530 | Improvement Value $4,528 | Tax Amount $137.99 | Change Rate +0.015304% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $5,058 | Land Value $530 | Improvement Value $4,528 | Tax Amount $135.91 | Change Rate +0.017443% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $5,058 | Land Value $530 | Improvement Value $4,528 | Tax Amount $133.58 | Change Rate -0.149389% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $5,058 | Land Value $530 | Improvement Value $4,528 | Tax Amount $157.04 | Change Rate | Assessed CR | Tax Rate +0.031048% |
| Year 2017 | Assessed Value $15,174 | Land Value $1,590 | Improvement Value $13,584 | Tax Amount $157.04 | Change Rate | Assessed CR | Tax Rate +0.010349% |
| Year 2016 | Assessed Value $15,174 | Land Value $1,590 | Improvement Value $13,584 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $15,174 | Land Value $1,590 | Improvement Value $13,584 | Tax Amount $133.23 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $15,174 | Land Value $1,590 | Improvement Value $13,584 | Tax Amount | Change Rate | Assessed CR | Tax Rate |