NOT LISTED FOR SALE

207 E Palace Ave Hobbs, NM 88240

Estimated Value: $76,000 - $117,000

-- Bed
-- Bath
-- Sq Ft
8,059 Sq Ft Lot

About This Home

This home is located at 207 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $96,655. 207 E Palace Ave is a home located in Lea County 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 $359 $13,134 $842 $12,292
2023 $353 $12,751 $817 $11,934
2022 $339 $12,751 $817 $11,934
2021 $328 $12,019 $770 $11,249
2020 $314 $11,669 $748 $10,921
2019 $299 $11,329 $726 $10,603
2018 $287 $10,999 $705 $10,294
2017 $295 $32,034 $2,052 $29,982
2016 $298 $31,101 $1,992 $29,109
2015 $265 $30,195 $1,935 $28,260
2014 -- $29,316 $1,878 $27,438
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

207 E Palace Ave, Hobbs, NM

This home is located at 207 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $96,655. 207 E Palace Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

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