Taxes
- Assessed Value: $6,466
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 145 440 001
- Assessed Land Value: 671
- Market Land Value: 2013
- Tax Amount: 174.5
- Tax Year: 2025
- Market Value: 19398
- Market Year: 2025
603 E Palace Ave; Hobbs, NM Property Details
Off market
603 E Palace Ave Hobbs, NM 88240
$6,466 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1998
- Est. Equity / %: $167,000 / 100%
- APN: 4 000 145 440 001
- Situs County: Lea
Measurements
- Lot: 5,853/SqFt
Legal Description
- Description: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 8 1193-WISE, JOHN A 1998-WISE, MOZELLE M
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68469 / -103.12996
- Subdivision: Laughlin Add
- Property Class: Residential
Amenities
- Plus Four: 7737
Ownership Info
603 E Palace Ave has no associated ownership info
603 E Palace Ave has no associated ownership info.
Taxes
603 E Palace Ave has 10 associated Taxes items
603 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 $6,466. The APN we've located for 603 E Palace Ave is 4 000 145 440 001.
Unlock the full reportTax History
603 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 $6,466 | Land Value $671 | Improvement Value $5,795 | Tax Amount $174.5 | Change Rate +0.017137% | Assessed CR | Tax Rate +0.026987% |
| Year 2024 | Assessed Value $6,277 | Land Value $651 | Improvement Value $5,626 | Tax Amount $171.56 | Change Rate +0.01623% | Assessed CR | Tax Rate +0.027332% |
| Year 2023 | Assessed Value $6,094 | Land Value $632 | Improvement Value $5,462 | Tax Amount $168.82 | Change Rate +0.043193% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $6,094 | Land Value $632 | Improvement Value $5,462 | Tax Amount $161.83 | Change Rate +0.03254% | Assessed CR | Tax Rate +0.026556% |
| Year 2021 | Assessed Value $5,745 | Land Value $596 | Improvement Value $5,149 | Tax Amount $156.73 | Change Rate +0.045703% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $5,578 | Land Value $579 | Improvement Value $4,999 | Tax Amount $149.88 | Change Rate +0.048112% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $5,415 | Land Value $562 | Improvement Value $4,853 | Tax Amount $143 | Change Rate -0.123775% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $5,258 | Land Value $546 | Improvement Value $4,712 | Tax Amount $163.2 | Change Rate +0.178765% | Assessed CR | Tax Rate +0.031038% |
| Year 2017 | Assessed Value $15,315 | Land Value $1,590 | Improvement Value $13,725 | Tax Amount $138.45 | Change Rate | Assessed CR | Tax Rate +0.00904% |
| Year 2016 | Assessed Value $14,871 | Land Value $1,545 | Improvement Value $13,326 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $14,439 | Land Value $1,500 | Improvement Value $12,939 | Tax Amount $74.12 | Change Rate | Assessed CR | Tax Rate +0.005133% |
| Year 2014 | Assessed Value $14,016 | Land Value $1,455 | Improvement Value $12,561 | Tax Amount | Change Rate | Assessed CR | Tax Rate |