Taxes
- Assessed Value: $17,035
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 158 660 001
- Assessed Land Value: 2000
- Market Land Value: 6000
- Tax Amount: 459.77
- Tax Year: 2025
- Market Value: 51105
- Market Year: 2025
406 N Shipp St; Hobbs, NM Property Details
Off market
406 N Shipp St Hobbs, NM 88240
$17,035 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $60,000
- Open Loans / Balance: 1 / $43,346
- Est. Equity / %: $166,654 / 79.36%
- Inv. Liens: 1
- APN: 4 000 158 660 001
- Situs County: Lea
- Length Of Ownership: 4 years, 7 months
Measurements
- Lot: 3,322/SqFt
Legal Description
- Description: HIGHLAND PARK ADD BLOCK 106 LOT 9 10 N 50 OF S 100 OF LOTS 9 & 10 12194 JUSTICE, JOHN C ETUX 111221 MOJICA, PERLA GICELA
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: 32.704296 / -103.13726
- Subdivision: Highland Park Add
- Property Class: Residential
Amenities
- Plus Four: 5724
Ownership Info
406 N Shipp St has no associated ownership info
406 N Shipp St has no associated ownership info.
Taxes
406 N Shipp St has 10 associated Taxes items
406 N Shipp St, 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 $17,035. The APN we've located for 406 N Shipp St is 4 000 158 660 001.
Unlock the full reportTax History
406 N Shipp St 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 $17,035 | Land Value $2,000 | Improvement Value $15,035 | Tax Amount $459.77 | Change Rate -0.012458% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $17,035 | Land Value $2,000 | Improvement Value $15,035 | Tax Amount $465.57 | Change Rate -0.013497% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $17,035 | Land Value $2,000 | Improvement Value $15,035 | Tax Amount $471.94 | Change Rate +0.012899% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $17,035 | Land Value $2,000 | Improvement Value $15,035 | Tax Amount $465.93 | Change Rate +2.384397% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $5,047 | Land Value $1,448 | Improvement Value $3,599 | Tax Amount $137.67 | Change Rate +0.045568% | Assessed CR | Tax Rate +0.027278% |
| Year 2020 | Assessed Value $4,900 | Land Value $1,406 | Improvement Value $3,494 | Tax Amount $131.67 | Change Rate +0.048245% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $4,757 | Land Value $1,365 | Improvement Value $3,392 | Tax Amount $125.61 | Change Rate -0.172475% | Assessed CR | Tax Rate +0.026405% |
| Year 2018 | Assessed Value $4,618 | Land Value $1,325 | Improvement Value $3,293 | Tax Amount $151.79 | Change Rate +0.030132% | Assessed CR | Tax Rate +0.032869% |
| Year 2017 | Assessed Value $13,449 | Land Value $3,858 | Improvement Value $9,591 | Tax Amount $147.35 | Change Rate | Assessed CR | Tax Rate +0.010956% |
| Year 2016 | Assessed Value $13,059 | Land Value $3,747 | Improvement Value $9,312 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $12,681 | Land Value $3,639 | Improvement Value $9,042 | Tax Amount $111.34 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $12,312 | Land Value $3,534 | Improvement Value $8,778 | Tax Amount | Change Rate | Assessed CR | Tax Rate |