Taxes
- Assessed Value: $8,059
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 126 680 001
- Assessed Land Value: 796
- Market Land Value: 2388
- Tax Amount: 217.51
- Tax Year: 2025
- Market Value: 24177
- Market Year: 2025
411 E Palace Ave; Hobbs, NM Property Details
Off market
411 E Palace Ave Hobbs, NM 88240
$8,059 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1988
- Est. Equity / %: $150,000 / 100%
- APN: 4 000 126 680 001
- Situs County: Lea
Measurements
- Lot: 6,726/SqFt
Legal Description
- Description: VILLA VERDE ADD BLOCK 2 LOT 1 1988-VELASQUEZ, LORENZO 1989-OWENSBY, RANDELL L 1991-HANKINS, DANIEL K 999-REY, FEDERICO
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68474 / -103.13149
- Subdivision: Villa Verde Add
- Property Class: Residential
Amenities
- Plus Four: 7733
Ownership Info
411 E Palace Ave has no associated ownership info
411 E Palace Ave has no associated ownership info.
Taxes
411 E Palace Ave has 10 associated Taxes items
411 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 $8,059. The APN we've located for 411 E Palace Ave is 4 000 126 680 001.
Unlock the full reportTax History
411 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 $8,059 | Land Value $796 | Improvement Value $7,263 | Tax Amount $217.51 | Change Rate +0.017258% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $7,824 | Land Value $773 | Improvement Value $7,051 | Tax Amount $213.82 | Change Rate +0.01611% | Assessed CR | Tax Rate +0.027329% |
| Year 2023 | Assessed Value $7,596 | Land Value $750 | Improvement Value $6,846 | Tax Amount $210.43 | Change Rate +0.04323% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $7,596 | Land Value $750 | Improvement Value $6,846 | Tax Amount $201.71 | Change Rate +0.032663% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $7,160 | Land Value $707 | Improvement Value $6,453 | Tax Amount $195.33 | Change Rate +0.045832% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $6,951 | Land Value $686 | Improvement Value $6,265 | Tax Amount $186.77 | Change Rate +0.047798% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $6,749 | Land Value $666 | Improvement Value $6,083 | Tax Amount $178.25 | Change Rate -0.122181% | Assessed CR | Tax Rate +0.026411% |
| Year 2018 | Assessed Value $6,553 | Land Value $647 | Improvement Value $5,906 | Tax Amount $203.06 | Change Rate +0.030029% | Assessed CR | Tax Rate +0.030987% |
| Year 2017 | Assessed Value $19,086 | Land Value $1,884 | Improvement Value $17,202 | Tax Amount $197.14 | Change Rate | Assessed CR | Tax Rate +0.010329% |
| Year 2016 | Assessed Value $18,531 | Land Value $1,830 | Improvement Value $16,701 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $17,991 | Land Value $1,776 | Improvement Value $16,215 | Tax Amount $157.96 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $17,469 | Land Value $1,725 | Improvement Value $15,744 | Tax Amount | Change Rate | Assessed CR | Tax Rate |