Taxes
- Assessed Value: $6,520
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 062 500 001
- Assessed Land Value: 671
- Market Land Value: 2013
- Tax Amount: 175.97
- Tax Year: 2025
- Market Value: 19560
- Market Year: 2025
607 E Palace Ave; Hobbs, NM Property Details
Off market
607 E Palace Ave Hobbs, NM 88240
$6,520 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $167,000 / 100%
- APN: 4 000 062 500 001
- Situs County: Lea
Measurements
- Lot: 5,815/SqFt
Legal Description
- Description: LAUGHLIN ADD UNIT 2 BLOCK 3 LOT 10 696-KESNER, SOCORRO 1296-VELASQUEZ, DOMINGA
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684723 / -103.12963
- Subdivision: Laughlin Add
- Property Class: Residential
Amenities
- Plus Four: 7737
Ownership Info
607 E Palace Ave has no associated ownership info
607 E Palace Ave has no associated ownership info.
Taxes
607 E Palace Ave has 10 associated Taxes items
607 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 $6,520. The APN we've located for 607 E Palace Ave is 4 000 062 500 001.
Unlock the full reportTax History
607 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 $6,520 | Land Value $671 | Improvement Value $5,849 | Tax Amount $175.97 | Change Rate +0.017168% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $6,330 | Land Value $651 | Improvement Value $5,679 | Tax Amount $173 | Change Rate +0.016033% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $6,146 | Land Value $632 | Improvement Value $5,514 | Tax Amount $170.27 | Change Rate +0.043257% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $6,146 | Land Value $632 | Improvement Value $5,514 | Tax Amount $163.21 | Change Rate +0.032713% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $5,793 | Land Value $596 | Improvement Value $5,197 | Tax Amount $158.04 | Change Rate +0.045653% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $5,625 | Land Value $579 | Improvement Value $5,046 | Tax Amount $151.14 | Change Rate +0.047982% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $5,461 | Land Value $562 | Improvement Value $4,899 | Tax Amount $144.22 | Change Rate -0.123389% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $5,302 | Land Value $546 | Improvement Value $4,756 | Tax Amount $164.52 | Change Rate +0.030117% | Assessed CR | Tax Rate +0.03103% |
| Year 2017 | Assessed Value $15,441 | Land Value $1,590 | Improvement Value $13,851 | Tax Amount $159.71 | Change Rate +0.1118% | Assessed CR | Tax Rate +0.010343% |
| Year 2016 | Assessed Value $14,994 | Land Value $1,545 | Improvement Value $13,449 | Tax Amount $143.65 | Change Rate +0.124022% | Assessed CR | Tax Rate +0.00958% |
| Year 2015 | Assessed Value $14,556 | Land Value $1,500 | Improvement Value $13,056 | Tax Amount $127.8 | Change Rate +0.07089% | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $14,130 | Land Value $1,455 | Improvement Value $12,675 | Tax Amount $119.34 | Change Rate | Assessed CR | Tax Rate +0.008446% |