Taxes
- Assessed Value: $24,660
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 146 470 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 665.56
- Tax Year: 2025
- Market Value: 73980
- Market Year: 2025
406 W Shipp Dr; Hobbs, NM Property Details
Off market
406 W Shipp Dr Hobbs, NM 88240
$24,660 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $136,000 / 100%
- APN: 4 000 146 470 001
- Situs County: Lea
Measurements
- Lot: 7,776/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 10 LOT 10 42423-AFFIDTH BK 2208965 31025 PR OF WORMLY, TOMMIE J
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: 32.68676 / -103.14074
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7344
Ownership Info
406 W Shipp Dr has no associated ownership info
406 W Shipp Dr has no associated ownership info.
Taxes
406 W Shipp Dr has 10 associated Taxes items
406 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 $24,660. The APN we've located for 406 W Shipp Dr is 4 000 146 470 001.
Unlock the full reportTax History
406 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 $24,660 | Land Value $867 | Improvement Value $23,793 | Tax Amount $665.56 | Change Rate +0.357289% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $23,942 | Land Value $842 | Improvement Value $23,100 | Tax Amount $490.36 | Change Rate +0.026459% | Assessed CR | Tax Rate +0.020481% |
| Year 2023 | Assessed Value $23,244 | Land Value $817 | Improvement Value $22,427 | Tax Amount $477.72 | Change Rate +0.05429% | Assessed CR | Tax Rate +0.020552% |
| Year 2022 | Assessed Value $23,244 | Land Value $817 | Improvement Value $22,427 | Tax Amount $453.12 | Change Rate +0.043935% | Assessed CR | Tax Rate +0.019494% |
| Year 2021 | Assessed Value $21,910 | Land Value $770 | Improvement Value $21,140 | Tax Amount $434.05 | Change Rate +0.05773% | Assessed CR | Tax Rate +0.019811% |
| Year 2020 | Assessed Value $21,272 | Land Value $748 | Improvement Value $20,524 | Tax Amount $410.36 | Change Rate +0.060526% | Assessed CR | Tax Rate +0.019291% |
| Year 2019 | Assessed Value $20,652 | Land Value $726 | Improvement Value $19,926 | Tax Amount $386.94 | Change Rate -0.294652% | Assessed CR | Tax Rate +0.018736% |
| Year 2018 | Assessed Value $20,051 | Land Value $705 | Improvement Value $19,346 | Tax Amount $548.58 | Change Rate +0.033399% | Assessed CR | Tax Rate +0.027359% |
| Year 2017 | Assessed Value $58,401 | Land Value $2,052 | Improvement Value $56,349 | Tax Amount $530.85 | Change Rate | Assessed CR | Tax Rate +0.00909% |
| Year 2016 | Assessed Value $56,700 | Land Value $1,992 | Improvement Value $54,708 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $55,050 | Land Value $1,935 | Improvement Value $53,115 | Tax Amount $325.32 | Change Rate | Assessed CR | Tax Rate +0.00591% |
| Year 2014 | Assessed Value $53,445 | Land Value $1,878 | Improvement Value $51,567 | Tax Amount | Change Rate | Assessed CR | Tax Rate |