NOT LISTED FOR SALE

306 W Palace Ave Hobbs, NM 88240

Estimated Value: $82,000 - $99,542

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

About This Home

This home is located at 306 W Palace Ave, Hobbs, NM 88240 and is currently estimated at $89,636. 306 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.

Range of Values:

Collateral Analytics

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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 $458 $16,764 $1,545 $15,219
2023 $451 $16,276 $1,500 $14,776
2022 $432 $16,276 $1,500 $14,776
2021 $419 $15,342 $1,414 $13,928
2020 $400 $14,895 $1,373 $13,522
2019 $393 $14,895 $1,373 $13,522
2018 $389 $14,895 $1,373 $13,522
2017 $411 $44,685 $4,119 $40,566
2016 $428 $44,685 $4,119 $40,566
2015 $392 $44,685 $4,119 $40,566
2014 -- $44,685 $4,119 $40,566
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

306 W Palace Ave, Hobbs, NM

This home is located at 306 W Palace Ave, Hobbs, NM 88240 and is currently estimated at $89,636. 306 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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