Taxes
- Assessed Value: $169,592
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 020 180 001
- Assessed Land Value: 3699
- Market Land Value: 11097
- Tax Amount: 4577.13
- Tax Year: 2025
- Market Value: 508776
- Market Year: 2025
119 S Shipp St; Hobbs, NM Property Details
Off market
119 S Shipp St Hobbs, NM 88240
$169,592 Estimated Value
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $421,900
- Open Loans / Balance: 1 / $1,738,398
- Est. Equity / %: $-1,325,398 / -320.92%
- APN: 4 000 020 180 001
- Situs County: Lea
- Length Of Ownership: 7 years, 5 months
Measurements
- Lot: 20,643/SqFt
Legal Description
- Description: ORIG HOBBS BLOCK 34 LOT 19 20 21 22 23 LOT 24 2119 MITREOS HOLDINGS LLC PHOTO 32619
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.700058 / -103.13785
- Subdivision: Original Hobbs Addition
- Property Class: Residential
Amenities
- Plus Four: 6044
Ownership Info
119 S Shipp St has no associated ownership info
119 S Shipp St has no associated ownership info.
Taxes
119 S Shipp St has 10 associated Taxes items
119 S Shipp St, 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 $169,592. The APN we've located for 119 S Shipp St is 4 000 020 180 001.
Unlock the full reportTax History
119 S Shipp St has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $169,592 | Land Value $3,699 | Improvement Value $165,893 | Tax Amount $4,577.13 | Change Rate +0.017154% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $164,652 | Land Value $3,591 | Improvement Value $161,061 | Tax Amount $4,499.94 | Change Rate +0.0161% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $159,856 | Land Value $3,486 | Improvement Value $156,370 | Tax Amount $4,428.64 | Change Rate +0.012907% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $159,856 | Land Value $3,486 | Improvement Value $156,370 | Tax Amount $4,372.21 | Change Rate +0.002566% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $159,856 | Land Value $3,486 | Improvement Value $156,370 | Tax Amount $4,361.02 | Change Rate +0.015296% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $159,856 | Land Value $3,486 | Improvement Value $156,370 | Tax Amount $4,295.32 | Change Rate -0.010455% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $164,364 | Land Value $3,486 | Improvement Value $160,878 | Tax Amount $4,340.7 | Change Rate +2.320228% | Assessed CR | Tax Rate +0.026409% |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,307.35 | Change Rate +0.039899% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $451,245 | Land Value $9,567 | Improvement Value $441,678 | Tax Amount $1,257.19 | Change Rate +0.02347% | Assessed CR | Tax Rate +0.002786% |
| Year 2015 | Assessed Value $438,102 | Land Value $9,288 | Improvement Value $428,814 | Tax Amount $1,228.36 | Change Rate +0.119694% | Assessed CR | Tax Rate +0.002804% |
| Year 2014 | Assessed Value $425,343 | Land Value $9,018 | Improvement Value $416,325 | Tax Amount $1,097.05 | Change Rate | Assessed CR | Tax Rate +0.002579% |