NOT LISTED FOR SALE

406 E Palace Ave Hobbs, NM 88240

Estimated Value: $63,409 - $120,000

Studio
-- Bath
-- Sq Ft
7,057 Sq Ft Lot

About This Home

This home is located at 406 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $102,852. 406 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:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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
Not Available
List Price
Sold Price
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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 $141 $7,163 $711 $6,452
2023 $137 $6,954 $690 $6,264
2022 $130 $6,954 $690 $6,264
2021 $124 $6,555 $650 $5,905
2020 $117 $6,364 $631 $5,733
2019 $110 $6,179 $613 $5,566
2018 $104 $5,999 $595 $5,404
2017 $106 $17,475 $1,734 $15,741
2016 $163 $16,965 $1,683 $15,282
2015 $145 $16,473 $1,635 $14,838
2014 -- $15,993 $1,587 $14,406
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

406 E Palace Ave, Hobbs, NM

Not Listed for Sale

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