Taxes
- Assessed Value: $13,977
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 009 540 001
- Assessed Land Value: 1095
- Market Land Value: 3285
- Tax Amount: 377.22
- Tax Year: 2025
- Market Value: 41931
- Market Year: 2025
401 N 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 $13,977. The APN we've located for 401 N Shipp St is 4 000 009 540 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $13,977 | Land Value $1,095 | Improvement Value $12,882 | Tax Amount $377.22 | Change Rate +0.017149% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $13,570 | Land Value $1,063 | Improvement Value $12,507 | Tax Amount $370.86 | Change Rate +0.01611% | Assessed CR | Tax Rate +0.027329% |
| Year 2023 | Assessed Value $13,174 | Land Value $1,032 | Improvement Value $12,142 | Tax Amount $364.98 | Change Rate +0.043366% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $13,174 | Land Value $1,032 | Improvement Value $12,142 | Tax Amount $349.81 | Change Rate +0.032558% | Assessed CR | Tax Rate +0.026553% |
| Year 2021 | Assessed Value $12,418 | Land Value $973 | Improvement Value $11,445 | Tax Amount $338.78 | Change Rate +0.045779% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $12,056 | Land Value $945 | Improvement Value $11,111 | Tax Amount $323.95 | Change Rate +0.048009% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $11,705 | Land Value $917 | Improvement Value $10,788 | Tax Amount $309.11 | Change Rate -0.116298% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $11,363 | Land Value $890 | Improvement Value $10,473 | Tax Amount $349.79 | Change Rate +0.030006% | Assessed CR | Tax Rate +0.030783% |
| Year 2017 | Assessed Value $33,096 | Land Value $2,592 | Improvement Value $30,504 | Tax Amount $339.6 | Change Rate | Assessed CR | Tax Rate +0.010261% |
| Year 2016 | Assessed Value $32,133 | Land Value $2,517 | Improvement Value $29,616 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $31,197 | Land Value $2,445 | Improvement Value $28,752 | Tax Amount $273.91 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $30,285 | Land Value $2,373 | Improvement Value $27,912 | Tax Amount | Change Rate | Assessed CR | Tax Rate |