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407 W Shipp Dr; Hobbs, NM Property Details

407 W Shipp Dr, Hobbs, NM is a Single Family that was built in 1988. This property is not for sale. The lot size of 407 W Shipp Dr is 7,865 square feet.

Off market
407 W Shipp Dr Hobbs, NM 88240
$4,674 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Est. Equity / %: $132,000 / 100%
  • APN: 4 000 172 560 001
  • Situs County: Lea

Measurements

  • Lot: 7,865/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 8 LOT 15 1988-HARRAH, ALAN CHARLES 1991-HARRAH, ALANA A 698-HARRAH, ALAN C 798-CHARTER BANK FOR SAVING
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: 32.68721 / -103.14072
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7343

Ownership Info

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

Taxes

407 W Shipp Dr has 10 associated Taxes items

407 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 $4,674. The APN we've located for 407 W Shipp Dr is 4 000 172 560 001.

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Taxes
  • Assessed Value:  $4,674
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 172 560 001
  • Assessed Land Value:  608
  • Market Land Value:  1824
  • Tax Amount:  126.15
  • Tax Year:  2025
  • Market Value:  14022
  • Market Year:  2025

Tax History

407 W Shipp Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,674 Land Value $608 Improvement Value $4,066 Tax Amount $126.15 Change Rate +0.017175% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $4,538 Land Value $590 Improvement Value $3,948 Tax Amount $124.02 Change Rate +0.016058% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $4,406 Land Value $573 Improvement Value $3,833 Tax Amount $122.06 Change Rate +0.043337% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $4,406 Land Value $573 Improvement Value $3,833 Tax Amount $116.99 Change Rate +0.028484% Assessed CR Tax Rate +0.026552%
Year 2021 Assessed Value $4,169 Land Value $556 Improvement Value $3,613 Tax Amount $113.75 Change Rate +0.041571% Assessed CR Tax Rate +0.027285%
Year 2020 Assessed Value $4,064 Land Value $556 Improvement Value $3,508 Tax Amount $109.21 Change Rate +0.043773% Assessed CR Tax Rate +0.026873%
Year 2019 Assessed Value $3,962 Land Value $556 Improvement Value $3,406 Tax Amount $104.63 Change Rate -0.138493% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $3,863 Land Value $556 Improvement Value $3,307 Tax Amount $121.45 Change Rate +0.024289% Assessed CR Tax Rate +0.031439%
Year 2017 Assessed Value $11,301 Land Value $1,668 Improvement Value $9,633 Tax Amount $118.57 Change Rate Assessed CR Tax Rate +0.010492%
Year 2016 Assessed Value $11,019 Land Value $1,668 Improvement Value $9,351 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $10,746 Land Value $1,668 Improvement Value $9,078 Tax Amount $94.35 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $10,482 Land Value $1,668 Improvement Value $8,814 Tax Amount Change Rate Assessed CR Tax Rate