NOT LISTED FOR SALE

301 W Palace Ave Hobbs, NM 88240

Estimated Value: $175,000

2 Beds
2 Baths
1,515 Sq Ft
$116/Sq Ft Est. Value

About This Home

This home is located at 301 W Palace Ave, Hobbs, NM 88240 and is currently estimated at $175,000, approximately $115 per square foot. 301 W Palace Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Dmb Texas Homeland Properties Llc
Bought by
Estrada Emigdia Nino and Carrillo Jose L
Current Estimated Value
$175,000

Purchase Details

Closed on
Jul 9, 2018
Sold by
Ward Debra J and Ward Douglas E
Bought by
Dmb Texas Homeland Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Estrada Emigdia Nino -- None Listed On Document
Estrada Emigdia Nino -- None Listed On Document
Dmb Texas Homeland Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dmb Texas Homeland Properties Llc $100,000
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 $507 $18,559 $1,939 $16,620
2023 $499 $18,019 $1,883 $16,136
2022 $493 $18,019 $1,883 $16,136
2021 $492 $18,019 $1,883 $16,136
2020 $484 $18,019 $1,883 $16,136
2019 $476 $18,019 $1,883 $16,136
2018 $385 $14,748 $1,769 $12,979
2017 $407 $44,244 $5,307 $38,937
2016 $366 $44,244 $5,307 $38,937
2015 $336 $44,244 $5,307 $38,937
2014 -- $44,244 $5,307 $38,937
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

301 W Palace Ave, Hobbs, NM

This home is located at 301 W Palace Ave, Hobbs, NM 88240 and is currently estimated at $175,000, approximately $115 per square foot. 301 W 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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