Taxes
- Assessed Value: $23,088
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 028 940 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 569.14
- Tax Year: 2025
- Market Value: 69264
- Market Year: 2025
401 W Shipp Dr; Hobbs, NM Property Details
Off market
401 W Shipp Dr Hobbs, NM 88240
$23,088 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $141,000 / 100%
- APN: 4 000 028 940 001
- Situs County: Lea
Measurements
- Lot: 8,328/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 8 LOT 18 598-LOFLIN, WILLIAM H 1099-LOFLIN, VERNA J 0300-FEDERAL NATL MTG PHOTO AVAILABLE
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: 32.687195 / -103.14012
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7343
Ownership Info
401 W Shipp Dr has no associated ownership info
401 W Shipp Dr has no associated ownership info.
Taxes
401 W Shipp Dr has 10 associated Taxes items
401 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 $23,088. The APN we've located for 401 W Shipp Dr is 4 000 028 940 001.
Unlock the full reportTax History
401 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 $23,088 | Land Value $867 | Improvement Value $22,221 | Tax Amount $569.14 | Change Rate +0.020001% | Assessed CR | Tax Rate +0.024651% |
| Year 2024 | Assessed Value $22,416 | Land Value $842 | Improvement Value $21,574 | Tax Amount $557.98 | Change Rate +0.019104% | Assessed CR | Tax Rate +0.024892% |
| Year 2023 | Assessed Value $21,763 | Land Value $817 | Improvement Value $20,946 | Tax Amount $547.52 | Change Rate +0.046463% | Assessed CR | Tax Rate +0.025158% |
| Year 2022 | Assessed Value $21,763 | Land Value $817 | Improvement Value $20,946 | Tax Amount $523.21 | Change Rate +0.035875% | Assessed CR | Tax Rate +0.024041% |
| Year 2021 | Assessed Value $20,514 | Land Value $770 | Improvement Value $19,744 | Tax Amount $505.09 | Change Rate +0.049167% | Assessed CR | Tax Rate +0.024622% |
| Year 2020 | Assessed Value $19,917 | Land Value $748 | Improvement Value $19,169 | Tax Amount $481.42 | Change Rate +0.05148% | Assessed CR | Tax Rate +0.024171% |
| Year 2019 | Assessed Value $19,337 | Land Value $726 | Improvement Value $18,611 | Tax Amount $457.85 | Change Rate -0.167954% | Assessed CR | Tax Rate +0.023677% |
| Year 2018 | Assessed Value $18,774 | Land Value $705 | Improvement Value $18,069 | Tax Amount $550.27 | Change Rate +0.031144% | Assessed CR | Tax Rate +0.02931% |
| Year 2017 | Assessed Value $54,681 | Land Value $2,052 | Improvement Value $52,629 | Tax Amount $533.65 | Change Rate | Assessed CR | Tax Rate +0.009759% |
| Year 2016 | Assessed Value $53,088 | Land Value $1,992 | Improvement Value $51,096 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $51,543 | Land Value $1,935 | Improvement Value $49,608 | Tax Amount $399.87 | Change Rate | Assessed CR | Tax Rate +0.007758% |
| Year 2014 | Assessed Value $50,040 | Land Value $1,878 | Improvement Value $48,162 | Tax Amount | Change Rate | Assessed CR | Tax Rate |