NOT LISTED FOR SALE

109 E Palace Ave Hobbs, NM 88240

Estimated Value: $83,000 - $124,575

-- Bed
-- Bath
-- Sq Ft
7,797 Sq Ft Lot

About This Home

This home is located at 109 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $106,858. 109 E Palace Ave is a home with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $647 $23,670 $842 $22,828
2023 $637 $22,980 $817 $22,163
2022 $610 $22,980 $817 $22,163
2021 $591 $21,660 $770 $20,890
2020 $565 $21,030 $748 $20,282
2019 $539 $20,417 $726 $19,691
2018 $518 $19,822 $705 $19,117
2017 $532 $57,732 $2,052 $55,680
2016 $537 $56,049 $1,992 $54,057
2015 $636 $54,417 $1,935 $52,482
2014 $587 $52,830 $1,878 $50,952
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

109 E Palace Ave, Hobbs, NM

This home is located at 109 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $106,858. 109 E Palace Ave is a home with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

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