NOT LISTED FOR SALE

311 W Palace Ave Hobbs, NM 88240

Estimated Value: $95,000 - $170,718

-- Bed
-- Bath
-- Sq Ft
7,928 Sq Ft Lot

About This Home

This home is located at 311 W Palace Ave, Hobbs, NM 88240 and is currently estimated at $143,573. 311 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 10, 2022
Sold by
Cavazos Sylvia A
Bought by
Chavez Jorge
Current Estimated Value
$143,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,353
Outstanding Balance
$114,087
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2018
Sold by
Rodriguez Mary Lou Vasquez and Rodriguez Transito Flores
Bought by
Rodriguez Mary Lou Vasquez and Cavazos Sylvia Ann
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chavez Jorge -- First American Title
Rodriguez Mary Lou Vasquez -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Jorge $116,353
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 $982 $35,932 $3,950 $31,982
2023 $995 $35,932 $3,950 $31,982
2022 $332 $35,932 $3,950 $31,982
2021 $322 $11,800 $770 $11,030
2020 $308 $11,457 $748 $10,709
2019 $294 $11,123 $726 $10,397
2018 $282 $10,799 $705 $10,094
2017 $290 $31,452 $2,052 $29,400
2016 $293 $30,537 $1,992 $28,545
2015 $260 $29,649 $1,935 $27,714
2014 -- $28,785 $1,878 $26,907
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

311 W Palace Ave, Hobbs, NM

This home is located at 311 W Palace Ave, Hobbs, NM 88240 and is currently estimated at $143,573. 311 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes