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408 N Shipp St; Hobbs, NM Property Details

408 N Shipp St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 408 N Shipp St is 3,524 square feet.

Off market
408 N Shipp St Hobbs, NM 88240
$26,322 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Open Loans: 1
  • Inv. Liens: 1
  • APN: 4 000 036 930 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 5 months

Measurements

  • Lot: 3,524/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 106 LOT 9 10 N 40 OF LOTS 9-10 199-GREEN, WANDA FAYE 0100-BAKER, GENEVA M 1809-ALVAREZ, JOSE & ERMELI
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: 32.704403 / -103.13719
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5724

Ownership Info

408 N Shipp St has no associated ownership info
408 N Shipp St has no associated ownership info.

Taxes

408 N Shipp St has 10 associated Taxes items

408 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 $26,322. The APN we've located for 408 N Shipp St is 4 000 036 930 001.

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Taxes
  • Assessed Value:  $26,322
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 036 930 001
  • Assessed Land Value:  1748
  • Market Land Value:  5244
  • Tax Amount:  710.41
  • Tax Year:  2025
  • Market Value:  78966
  • Market Year:  2025

Tax History

408 N Shipp St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,322 Land Value $1,748 Improvement Value $24,574 Tax Amount $710.41 Change Rate +0.017182% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $25,555 Land Value $1,697 Improvement Value $23,858 Tax Amount $698.41 Change Rate +0.016061% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $24,811 Land Value $1,648 Improvement Value $23,163 Tax Amount $687.37 Change Rate +0.043319% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $24,811 Land Value $1,648 Improvement Value $23,163 Tax Amount $658.83 Change Rate +0.030565% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $23,433 Land Value $1,600 Improvement Value $21,833 Tax Amount $639.29 Change Rate +0.043654% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $22,797 Land Value $1,600 Improvement Value $21,197 Tax Amount $612.55 Change Rate +0.045771% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $22,180 Land Value $1,600 Improvement Value $20,580 Tax Amount $585.74 Change Rate -0.117104% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $21,581 Land Value $1,600 Improvement Value $19,981 Tax Amount $663.43 Change Rate +0.027029% Assessed CR Tax Rate +0.030741%
Year 2017 Assessed Value $62,997 Land Value $4,800 Improvement Value $58,197 Tax Amount $645.97 Change Rate Assessed CR Tax Rate +0.010254%
Year 2016 Assessed Value $61,302 Land Value $4,800 Improvement Value $56,502 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $59,655 Land Value $4,800 Improvement Value $54,855 Tax Amount $523.76 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $58,056 Land Value $4,800 Improvement Value $53,256 Tax Amount Change Rate Assessed CR Tax Rate