Taxes
- Assessed Value: $17,423
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 006 000 001
- Assessed Land Value: 1500
- Market Land Value: 4500
- Tax Amount: 470.23
- Tax Year: 2025
- Market Value: 52269
- Market Year: 2025
601 E Palace Ave; Hobbs, NM Property Details
Off market
601 E Palace Ave Hobbs, NM 88240
$136,900 Listing Price
3 Beds
1 Baths
1,370 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1960
- Est. Equity / %: $163,000 / 100%
- Inv. Liens: 1
- APN: 4 000 006 000 001
- Situs County: Lea
- Length Of Ownership: 3 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,370/SqFt
- Lot: 6,063/SqFt
Legal Description
- Description: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 7
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68472 / -103.13012
- Subdivision: Laughlin Add
- Property Class: Residential
Amenities
- Plus Four: 7737
Ownership Info
601 E Palace Ave has no associated ownership info
601 E Palace Ave has no associated ownership info.
Taxes
601 E Palace Ave has 10 associated Taxes items
601 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 $17,423. The APN we've located for 601 E Palace Ave is 4 000 006 000 001.
Unlock the full reportTax History
601 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 $17,423 | Land Value $1,500 | Improvement Value $15,923 | Tax Amount $470.23 | Change Rate +0.017175% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,915 | Land Value $1,456 | Improvement Value $15,459 | Tax Amount $462.29 | Change Rate +0.016044% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $16,423 | Land Value $1,414 | Improvement Value $15,009 | Tax Amount $454.99 | Change Rate +0.192916% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $16,423 | Land Value $1,414 | Improvement Value $15,009 | Tax Amount $381.41 | Change Rate +0.037088% | Assessed CR | Tax Rate +0.023224% |
| Year 2021 | Assessed Value $15,481 | Land Value $1,333 | Improvement Value $14,148 | Tax Amount $367.77 | Change Rate +0.015322% | Assessed CR | Tax Rate +0.023756% |
| Year 2020 | Assessed Value $15,481 | Land Value $1,333 | Improvement Value $14,148 | Tax Amount $362.22 | Change Rate +0.017472% | Assessed CR | Tax Rate +0.023398% |
| Year 2019 | Assessed Value $15,481 | Land Value $1,333 | Improvement Value $14,148 | Tax Amount $356 | Change Rate -0.2223% | Assessed CR | Tax Rate +0.022996% |
| Year 2018 | Assessed Value $15,481 | Land Value $1,333 | Improvement Value $14,148 | Tax Amount $457.76 | Change Rate | Assessed CR | Tax Rate +0.029569% |
| Year 2017 | Assessed Value $46,443 | Land Value $3,999 | Improvement Value $42,444 | Tax Amount $457.76 | Change Rate | Assessed CR | Tax Rate +0.009856% |
| Year 2016 | Assessed Value $46,443 | Land Value $3,999 | Improvement Value $42,444 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $46,443 | Land Value $3,999 | Improvement Value $42,444 | Tax Amount $407.76 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $46,443 | Land Value $3,999 | Improvement Value $42,444 | Tax Amount | Change Rate | Assessed CR | Tax Rate |