NOT LISTED FOR SALE

505 E Palace Ave Hobbs, NM 88240

Hobbs Area

Estimated Value: $102,574 - $179,000

Studio
-- Bath
-- Sq Ft
5,881 Sq Ft Lot

About This Home

This home is located at 505 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $148,144. 505 E Palace Ave is a home with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Ownership 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.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Bought by
Current Estimated Value
$148,144

Purchase Details

Closed on
Aug 8, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Average Value
Not Available
List Price
Sold Price
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Purchase 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.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- --
Source: Public Records

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 $403 $14,932 $1,093 $13,839
2024 $396 $14,497 $1,061 $13,436
2023 $390 $14,075 $1,030 $13,045
2022 $374 $14,075 $1,030 $13,045
2021 $373 $13,665 $1,000 $12,665
2020 $155 $5,770 $579 $5,191
2019 $148 $5,602 $562 $5,040
2018 $142 $5,439 $546 $4,893
2017 $146 $15,840 $1,590 $14,250
2016 $147 $15,381 $1,545 $13,836
2015 $131 $14,934 $1,500 $13,434
2014 -- $14,499 $1,455 $13,044
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

505 E Palace Ave, Hobbs, NM

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