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