Taxes
- Assessed Value: $18,835
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 103 170 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 454.37
- Tax Year: 2025
- Market Value: 56505
- Market Year: 2025
404 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 $18,835. The APN we've located for 404 W Shipp Dr is 4 000 103 170 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $18,835 | Land Value $867 | Improvement Value $17,968 | Tax Amount $454.37 | Change Rate +0.020781% | Assessed CR | Tax Rate +0.024124% |
| Year 2024 | Assessed Value $18,287 | Land Value $842 | Improvement Value $17,445 | Tax Amount $445.12 | Change Rate +0.019865% | Assessed CR | Tax Rate +0.024341% |
| Year 2023 | Assessed Value $17,754 | Land Value $817 | Improvement Value $16,937 | Tax Amount $436.45 | Change Rate +0.047271% | Assessed CR | Tax Rate +0.024583% |
| Year 2022 | Assessed Value $17,754 | Land Value $817 | Improvement Value $16,937 | Tax Amount $416.75 | Change Rate +0.036717% | Assessed CR | Tax Rate +0.023474% |
| Year 2021 | Assessed Value $16,735 | Land Value $770 | Improvement Value $15,965 | Tax Amount $401.99 | Change Rate +0.049966% | Assessed CR | Tax Rate +0.024021% |
| Year 2020 | Assessed Value $16,248 | Land Value $748 | Improvement Value $15,500 | Tax Amount $382.86 | Change Rate +0.052449% | Assessed CR | Tax Rate +0.023564% |
| Year 2019 | Assessed Value $15,775 | Land Value $726 | Improvement Value $15,049 | Tax Amount $363.78 | Change Rate -0.185318% | Assessed CR | Tax Rate +0.023061% |
| Year 2018 | Assessed Value $15,316 | Land Value $705 | Improvement Value $14,611 | Tax Amount $446.53 | Change Rate +0.031462% | Assessed CR | Tax Rate +0.029154% |
| Year 2017 | Assessed Value $44,607 | Land Value $2,052 | Improvement Value $42,555 | Tax Amount $432.91 | Change Rate | Assessed CR | Tax Rate +0.009705% |
| Year 2016 | Assessed Value $43,308 | Land Value $1,992 | Improvement Value $41,316 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $42,048 | Land Value $1,935 | Improvement Value $40,113 | Tax Amount $316.49 | Change Rate | Assessed CR | Tax Rate +0.007527% |
| Year 2014 | Assessed Value $40,824 | Land Value $1,878 | Improvement Value $38,946 | Tax Amount | Change Rate | Assessed CR | Tax Rate |