Large Location Icon

405 W Shipp Dr; Hobbs, NM Property Details

405 W Shipp Dr, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 405 W Shipp Dr is 8,016 square feet.

Off market
405 W Shipp Dr Hobbs, NM 88240
$6,903 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $131,000 / 100%
  • APN: 4 000 123 870 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 5 months

Measurements

  • Lot: 8,016/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 8 LOT 16 22309 VILLALOBOS, DELORES ETVIR PHOTO 122911 11121 VILLALOBOS, RICHARD JR
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 / -103.14052
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7343

Ownership Info

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

Taxes

405 W Shipp Dr has 10 associated Taxes items

405 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 $6,903. The APN we've located for 405 W Shipp Dr is 4 000 123 870 001.

Unlock the full report
Taxes
  • Assessed Value:  $6,903
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 123 870 001
  • Assessed Land Value:  700
  • Market Land Value:  2100
  • Tax Amount:  186.31
  • Tax Year:  2025
  • Market Value:  20709
  • Market Year:  2025

Tax History

405 W Shipp Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,903 Land Value $700 Improvement Value $6,203 Tax Amount $186.31 Change Rate -0.012404% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $6,903 Land Value $700 Improvement Value $6,203 Tax Amount $188.65 Change Rate -0.013595% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $6,903 Land Value $700 Improvement Value $6,203 Tax Amount $191.25 Change Rate +0.012923% Assessed CR Tax Rate +0.027705%
Year 2022 Assessed Value $6,903 Land Value $700 Improvement Value $6,203 Tax Amount $188.81 Change Rate -0.488514% Assessed CR Tax Rate +0.027352%
Year 2021 Assessed Value $13,531 Land Value $770 Improvement Value $12,761 Tax Amount $369.14 Change Rate +0.045752% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $13,137 Land Value $748 Improvement Value $12,389 Tax Amount $352.99 Change Rate +0.048008% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $12,754 Land Value $726 Improvement Value $12,028 Tax Amount $336.82 Change Rate -0.110213% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $12,383 Land Value $705 Improvement Value $11,678 Tax Amount $378.54 Change Rate +0.030041% Assessed CR Tax Rate +0.030569%
Year 2017 Assessed Value $36,066 Land Value $2,052 Improvement Value $34,014 Tax Amount $367.5 Change Rate Assessed CR Tax Rate +0.01019%
Year 2016 Assessed Value $35,016 Land Value $1,992 Improvement Value $33,024 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $33,996 Land Value $1,935 Improvement Value $32,061 Tax Amount $298.47 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $33,006 Land Value $1,878 Improvement Value $31,128 Tax Amount Change Rate Assessed CR Tax Rate