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409 E Palace Ave; Hobbs, NM Property Details

409 E Palace Ave, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 409 E Palace Ave is 6,437 square feet.

Off market
409 E Palace Ave Hobbs, NM 88240
$7,848 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $184,000 / 100%
  • APN: 4 000 003 510 001
  • Situs County: Lea

Measurements

  • Lot: 6,437/SqFt

Legal Description

  • Description: VILLA VERDE ADD BLOCK 2 LOT 2 900-SALINE ROBERT H 21406-HARMON, ELLA ETAL 10810-SHERWOOD, CAROLYN S & DOUGLAS L PHOTO 1110
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.684734 / -103.131676
  • Subdivision: Villa Verde Add
  • Property Class: Residential

Amenities

  • Plus Four: 7733

Ownership Info

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

Taxes

409 E Palace Ave has 10 associated Taxes items

409 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 $7,848. The APN we've located for 409 E Palace Ave is 4 000 003 510 001.

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Taxes
  • Assessed Value:  $7,848
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 003 510 001
  • Assessed Land Value:  550
  • Market Land Value:  1650
  • Tax Amount:  211.81
  • Tax Year:  2025
  • Market Value:  23544
  • Market Year:  2025

Tax History

409 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,848 Land Value $550 Improvement Value $7,298 Tax Amount $211.81 Change Rate +0.017144% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $7,619 Land Value $534 Improvement Value $7,085 Tax Amount $208.24 Change Rate +0.016201% Assessed CR Tax Rate +0.027332%
Year 2023 Assessed Value $7,397 Land Value $518 Improvement Value $6,879 Tax Amount $204.92 Change Rate +0.043168% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $7,397 Land Value $518 Improvement Value $6,879 Tax Amount $196.44 Change Rate +0.032862% Assessed CR Tax Rate +0.026557%
Year 2021 Assessed Value $6,972 Land Value $488 Improvement Value $6,484 Tax Amount $190.19 Change Rate +0.045689% Assessed CR Tax Rate +0.027279%
Year 2020 Assessed Value $6,769 Land Value $474 Improvement Value $6,295 Tax Amount $181.88 Change Rate +0.017397% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $6,769 Land Value $474 Improvement Value $6,295 Tax Amount $178.77 Change Rate -0.139743% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $6,769 Land Value $474 Improvement Value $6,295 Tax Amount $207.81 Change Rate Assessed CR Tax Rate +0.0307%
Year 2017 Assessed Value $20,307 Land Value $1,422 Improvement Value $18,885 Tax Amount $207.81 Change Rate Assessed CR Tax Rate +0.010233%
Year 2016 Assessed Value $20,307 Land Value $1,422 Improvement Value $18,885 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $20,307 Land Value $1,422 Improvement Value $18,885 Tax Amount $178.32 Change Rate Assessed CR Tax Rate +0.008781%
Year 2014 Assessed Value $20,307 Land Value $1,422 Improvement Value $18,885 Tax Amount Change Rate Assessed CR Tax Rate