NOT LISTED FOR SALE

308 E Palace Ave Hobbs, NM 88240

Estimated Value: $75,760 - $105,000

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

About This Home

This home is located at 308 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $87,920. 308 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 $360 $13,178 $842 $12,336
2023 $354 $12,794 $817 $11,977
2022 $340 $12,794 $817 $11,977
2021 $329 $12,059 $770 $11,289
2020 $315 $11,708 $748 $10,960
2019 $300 $11,367 $726 $10,641
2018 $288 $11,036 $705 $10,331
2017 $296 $32,142 $2,052 $30,090
2016 $299 $31,206 $1,992 $29,214
2015 $266 $30,297 $1,935 $28,362
2014 -- $29,415 $1,878 $27,537
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

308 E Palace Ave, Hobbs, NM

This home is located at 308 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $87,920. 308 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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