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404 W Shipp Dr; Hobbs, NM Property Details

404 W Shipp Dr, Hobbs, NM is a Single Family that was built in 1989. This property is not for sale. The lot size of 404 W Shipp Dr is 7,925 square feet.

Off market
404 W Shipp Dr Hobbs, NM 88240
$18,835 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Est. Equity / %: $126,000 / 100%
  • APN: 4 000 103 170 001
  • Situs County: Lea

Measurements

  • Lot: 7,925/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 10 LOT 9 70710090 1989-OLGUIN, PAUL 398-OLGUIN, PETRA PHOTO 908
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: 32.686745 / -103.14052
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7344

Ownership Info

404 W Shipp Dr has no associated ownership info
404 W Shipp Dr has no associated ownership info.

Taxes

404 W Shipp Dr has 10 associated Taxes items

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.

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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

Tax History

404 W Shipp Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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