NOT LISTED FOR SALE

603 E Palace Ave Hobbs, NM 88240

Estimated Value: $72,784 - $108,000

-- Bed
-- Bath
-- Sq Ft
5,837 Sq Ft Lot

About This Home

This home is located at 603 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $88,595. 603 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:

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

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $172 $6,277 $651 $5,626
2023 $169 $6,094 $632 $5,462
2022 $162 $6,094 $632 $5,462
2021 $157 $5,745 $596 $5,149
2020 $150 $5,578 $579 $4,999
2019 $143 $5,415 $562 $4,853
2018 $137 $5,258 $546 $4,712
2017 $86 $15,315 $1,590 $13,725
2016 $85 $14,871 $1,545 $13,326
2015 $74 $14,439 $1,500 $12,939
2014 -- $14,016 $1,455 $12,561
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

603 E Palace Ave, Hobbs, NM

This home is located at 603 E Palace Ave, Hobbs, NM 88240 and is currently estimated at $88,595. 603 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.

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