NOT LISTED FOR SALE

406 E Palace Ave Hobbs, NM 88240

Hobbs Area

Estimated Value: $132,914

Studio
-- Baths
-- Sq Ft
-- Built

About This Home

This home is located at 406 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $132,914. 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
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List Price
Sold Price
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $145 $7,378 $732 $6,646
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

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