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
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.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |