Taxes
- Assessed Value: $20,005
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 048 480 001
- Assessed Land Value: 1567
- Market Land Value: 4701
- Tax Amount: 485.93
- Tax Year: 2025
- Market Value: 60015
- Market Year: 2025
118 W Shipp Dr; Hobbs, NM Property Details
Off market
118 W Shipp Dr Hobbs, NM 88240
$20,005 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $138,000 / 100%
- APN: 4 000 048 480 001
- Situs County: Lea
Measurements
- Lot: 11,113/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 4 LOT 9 899-JONES, TERESA ANN TRUST 700-CONTRACT MARTINEZ BK 1026688 472004-MARTINEZ, JOSE F & SERNA,
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.687798 / -103.13725
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7338
Ownership Info
118 W Shipp Dr has no associated ownership info
118 W Shipp Dr has no associated ownership info.
Taxes
118 W Shipp Dr has 10 associated Taxes items
118 W Shipp Dr, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $20,005. The APN we've located for 118 W Shipp Dr is 4 000 048 480 001.
Unlock the full reportTax History
118 W Shipp Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $20,005 | Land Value $1,567 | Improvement Value $18,438 | Tax Amount $485.93 | Change Rate +0.020583% | Assessed CR | Tax Rate +0.02429% |
| Year 2024 | Assessed Value $19,422 | Land Value $1,521 | Improvement Value $17,901 | Tax Amount $476.13 | Change Rate +0.019528% | Assessed CR | Tax Rate +0.024515% |
| Year 2023 | Assessed Value $18,857 | Land Value $1,477 | Improvement Value $17,380 | Tax Amount $467.01 | Change Rate +0.047014% | Assessed CR | Tax Rate +0.024766% |
| Year 2022 | Assessed Value $18,857 | Land Value $1,477 | Improvement Value $17,380 | Tax Amount $446.04 | Change Rate +0.036459% | Assessed CR | Tax Rate +0.023654% |
| Year 2021 | Assessed Value $17,775 | Land Value $1,392 | Improvement Value $16,383 | Tax Amount $430.35 | Change Rate +0.049762% | Assessed CR | Tax Rate +0.024211% |
| Year 2020 | Assessed Value $17,257 | Land Value $1,351 | Improvement Value $15,906 | Tax Amount $409.95 | Change Rate +0.052044% | Assessed CR | Tax Rate +0.023756% |
| Year 2019 | Assessed Value $16,755 | Land Value $1,312 | Improvement Value $15,443 | Tax Amount $389.67 | Change Rate -0.189454% | Assessed CR | Tax Rate +0.023257% |
| Year 2018 | Assessed Value $16,267 | Land Value $1,274 | Improvement Value $14,993 | Tax Amount $480.75 | Change Rate +0.031298% | Assessed CR | Tax Rate +0.029554% |
| Year 2017 | Assessed Value $47,379 | Land Value $3,711 | Improvement Value $43,668 | Tax Amount $466.16 | Change Rate | Assessed CR | Tax Rate +0.009839% |
| Year 2016 | Assessed Value $45,999 | Land Value $3,603 | Improvement Value $42,396 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $44,658 | Land Value $3,498 | Improvement Value $41,160 | Tax Amount $339.41 | Change Rate | Assessed CR | Tax Rate +0.0076% |
| Year 2014 | Assessed Value $43,356 | Land Value $3,396 | Improvement Value $39,960 | Tax Amount | Change Rate | Assessed CR | Tax Rate |