NOT LISTED FOR SALE

505 E Palace Ave Hobbs, NM 88240

Hobbs Area

Estimated Value: $153,255

Studio
-- Baths
-- Sq Ft
-- Built

About This Home

This home is located at 505 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $153,255. 505 E Palace Ave is a home located in Lea with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Range of Values:

--
Value Increase
--
Percent Increase
--
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.

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

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
Sheppard Joycelyn
Bought by
Current Estimated Value
$153,255

Purchase Details

Closed on
Aug 8, 2019
Sold by
Sien Jeffrey R
Bought by
Huerta Concepcion

Purchase Details

Closed on
Apr 22, 2015
Sold by
Gordon O Gordon O and Scott Mamie J
Bought by
Siers Jeffrey
Source: Public Records

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
Huerta Concepcion -- None Available
Siers Jeffrey -- --
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

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
Your Personal Tour Guide

Ask me questions while you tour the home.