Taxes
- Assessed Value: $20,696
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 063 080 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 504.58
- Tax Year: 2025
- Market Value: 62088
- Market Year: 2025
402 W Shipp Dr; Hobbs, NM Property Details
Off market
402 W Shipp Dr Hobbs, NM 88240
$20,696 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1987
- Est. Equity / %: $134,000 / 100%
- APN: 4 000 063 080 001
- Situs County: Lea
Measurements
- Lot: 7,954/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 10 LOT 8 1987-MC DANIEL, THOMAS AMES 997-MARTINEZ, GEORGE L 0901-MARTINEZ, ROSA R BK 825079 0102-COUNT
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: 32.686756 / -103.14032
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7344
Ownership Info
402 W Shipp Dr has no associated ownership info
402 W Shipp Dr has no associated ownership info.
Taxes
402 W Shipp Dr has 10 associated Taxes items
402 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 $20,696. The APN we've located for 402 W Shipp Dr is 4 000 063 080 001.
Unlock the full reportTax History
402 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 $20,696 | Land Value $867 | Improvement Value $19,829 | Tax Amount $504.58 | Change Rate +0.020405% | Assessed CR | Tax Rate +0.024381% |
| Year 2024 | Assessed Value $20,093 | Land Value $842 | Improvement Value $19,251 | Tax Amount $494.49 | Change Rate +0.019546% | Assessed CR | Tax Rate +0.02461% |
| Year 2023 | Assessed Value $19,507 | Land Value $817 | Improvement Value $18,690 | Tax Amount $485.01 | Change Rate +0.046837% | Assessed CR | Tax Rate +0.024863% |
| Year 2022 | Assessed Value $19,507 | Land Value $817 | Improvement Value $18,690 | Tax Amount $463.31 | Change Rate +0.036349% | Assessed CR | Tax Rate +0.023751% |
| Year 2021 | Assessed Value $18,387 | Land Value $770 | Improvement Value $17,617 | Tax Amount $447.06 | Change Rate +0.049584% | Assessed CR | Tax Rate +0.024314% |
| Year 2020 | Assessed Value $17,852 | Land Value $748 | Improvement Value $17,104 | Tax Amount $425.94 | Change Rate +0.051963% | Assessed CR | Tax Rate +0.02386% |
| Year 2019 | Assessed Value $17,332 | Land Value $726 | Improvement Value $16,606 | Tax Amount $404.9 | Change Rate -0.176798% | Assessed CR | Tax Rate +0.023361% |
| Year 2018 | Assessed Value $16,827 | Land Value $705 | Improvement Value $16,122 | Tax Amount $491.86 | Change Rate +0.031326% | Assessed CR | Tax Rate +0.02923% |
| Year 2017 | Assessed Value $49,008 | Land Value $2,052 | Improvement Value $46,956 | Tax Amount $476.92 | Change Rate | Assessed CR | Tax Rate +0.009731% |
| Year 2016 | Assessed Value $47,580 | Land Value $1,992 | Improvement Value $45,588 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $46,194 | Land Value $1,935 | Improvement Value $44,259 | Tax Amount $352.91 | Change Rate | Assessed CR | Tax Rate +0.00764% |
| Year 2014 | Assessed Value $44,847 | Land Value $1,878 | Improvement Value $42,969 | Tax Amount | Change Rate | Assessed CR | Tax Rate |