Taxes
- Assessed Value: $16,178
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 118 520 001
- Assessed Land Value: 1701
- Market Land Value: 5103
- Tax Amount: 436.63
- Tax Year: 2025
- Market Value: 48534
- Market Year: 2025
503 E Palace Ave; Hobbs, NM Property Details
Off market
503 E Palace Ave Hobbs, NM 88240
$16,178 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $164,000 / 100%
- APN: 4 000 118 520 001
- Situs County: Lea
Measurements
- Lot: 6,372/SqFt
Legal Description
- Description: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 2 0400-SALAS, ANTONIO M 31604-SALAS, ANTONIO JR 32509-JUAREZ, MARIA DOLORES & TERESA PHOTO 08
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684708 / -103.130936
- Subdivision: Laughlin Add
- Property Class: Residential
Amenities
- Plus Four: 7735
Ownership Info
503 E Palace Ave has no associated ownership info
503 E Palace Ave has no associated ownership info.
Taxes
503 E Palace Ave has 10 associated Taxes items
503 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 $16,178. The APN we've located for 503 E Palace Ave is 4 000 118 520 001.
Unlock the full reportTax History
503 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 $16,178 | Land Value $1,701 | Improvement Value $14,477 | Tax Amount $436.63 | Change Rate +0.017216% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $15,706 | Land Value $1,651 | Improvement Value $14,055 | Tax Amount $429.24 | Change Rate +0.016049% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $15,249 | Land Value $1,603 | Improvement Value $13,646 | Tax Amount $422.46 | Change Rate +0.043317% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $15,249 | Land Value $1,603 | Improvement Value $13,646 | Tax Amount $404.92 | Change Rate +0.032564% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $14,374 | Land Value $1,511 | Improvement Value $12,863 | Tax Amount $392.15 | Change Rate +0.045817% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $13,955 | Land Value $1,467 | Improvement Value $12,488 | Tax Amount $374.97 | Change Rate +0.017447% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $13,955 | Land Value $1,467 | Improvement Value $12,488 | Tax Amount $368.54 | Change Rate -0.149497% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $13,955 | Land Value $1,467 | Improvement Value $12,488 | Tax Amount $433.32 | Change Rate | Assessed CR | Tax Rate +0.031051% |
| Year 2017 | Assessed Value $41,865 | Land Value $4,401 | Improvement Value $37,464 | Tax Amount $433.32 | Change Rate | Assessed CR | Tax Rate +0.01035% |
| Year 2016 | Assessed Value $41,865 | Land Value $4,401 | Improvement Value $37,464 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $41,865 | Land Value $4,401 | Improvement Value $37,464 | Tax Amount $367.58 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $41,865 | Land Value $4,401 | Improvement Value $37,464 | Tax Amount | Change Rate | Assessed CR | Tax Rate |