NOT LISTED FOR SALE

304 E Palace Ave Hobbs, NM 88240

Estimated Value: $68,792 - $116,000

-- Bed
-- Bath
-- Sq Ft
8,015 Sq Ft Lot

About This Home

This home is located at 304 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $91,198. 304 E Palace Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs Freshman 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 $284 $12,402 $842 $11,560
2023 $278 $12,040 $817 $11,223
2022 $265 $12,040 $817 $11,223
2021 $255 $11,349 $770 $10,579
2020 $242 $11,019 $748 $10,271
2019 $230 $10,698 $726 $9,972
2018 $219 $10,387 $705 $9,682
2017 $223 $30,252 $2,052 $28,200
2016 $224 $29,370 $1,992 $27,378
2015 $198 $28,515 $1,935 $26,580
2014 -- $27,684 $1,878 $25,806
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

304 E Palace Ave, Hobbs, NM

This home is located at 304 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $91,198. 304 E Palace Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs Freshman High School.

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