Estimated Value: $108,626 - $126,000
3
Beds
1
Bath
1,370
Sq Ft
$85/Sq Ft
Est. Value
About This Home
This home is located at 601 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $116,657, approximately $85 per square foot. 601 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2022
Sold by
Arroyo Reynaldo and Arroyo Gloria
Bought by
Galviz Juan and Galaviz Rosalia
Current Estimated Value
Purchase Details
Closed on
Feb 25, 2013
Sold by
Baugh Don N and Baugh Dennis A
Bought by
Arroyo Reynaldo and Arroyo Gloria
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Galviz Juan | -- | -- | |
| Arroyo Reynaldo | -- | -- |
Source: Public Records
Tax History Compared to Growth
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 | $462 | $16,915 | $1,456 | $15,459 |
| 2023 | $455 | $16,423 | $1,414 | $15,009 |
| 2022 | $381 | $16,423 | $1,414 | $15,009 |
| 2021 | $368 | $15,481 | $1,333 | $14,148 |
| 2020 | $362 | $15,481 | $1,333 | $14,148 |
| 2019 | $356 | $15,481 | $1,333 | $14,148 |
| 2018 | $352 | $15,481 | $1,333 | $14,148 |
| 2017 | $372 | $46,443 | $3,999 | $42,444 |
| 2016 | $387 | $46,443 | $3,999 | $42,444 |
| 2015 | $408 | $46,443 | $3,999 | $42,444 |
| 2014 | -- | $46,443 | $3,999 | $42,444 |
Source: Public Records
Map
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