Taxes
- Assessed Value: $24,551
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 023 770 001
- Assessed Land Value: 3333
- Market Land Value: 9999
- Tax Amount: 662.61
- Tax Year: 2025
- Market Value: 73653
- Market Year: 2025
408 W Shipp Dr; Hobbs, NM Property Details
Off market
408 W Shipp Dr Hobbs, NM 88240
$24,551 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1988
- Est. Equity / %: $135,000 / 100%
- Inv. Liens: 1
- APN: 4 000 023 770 001
- Situs County: Lea
- Length Of Ownership: 1 year, 9 months
Measurements
- Lot: 8,565/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 10 LOT 11 82124 PIERCE, BILLY J ETAL
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: 32.68674 / -103.14091
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7344
Ownership Info
408 W Shipp Dr has no associated ownership info
408 W Shipp Dr has no associated ownership info.
Taxes
408 W Shipp Dr has 10 associated Taxes items
408 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 $24,551. The APN we've located for 408 W Shipp Dr is 4 000 023 770 001.
Unlock the full reportTax History
408 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 $24,551 | Land Value $3,333 | Improvement Value $21,218 | Tax Amount $662.61 | Change Rate +0.426256% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,999 | Land Value $1,373 | Improvement Value $15,626 | Tax Amount $464.58 | Change Rate +0.016075% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $16,504 | Land Value $1,333 | Improvement Value $15,171 | Tax Amount $457.23 | Change Rate +0.012893% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $16,504 | Land Value $1,333 | Improvement Value $15,171 | Tax Amount $451.41 | Change Rate +0.002554% | Assessed CR | Tax Rate +0.027352% |
| Year 2021 | Assessed Value $16,504 | Land Value $1,333 | Improvement Value $15,171 | Tax Amount $450.26 | Change Rate +0.015311% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $16,504 | Land Value $1,333 | Improvement Value $15,171 | Tax Amount $443.47 | Change Rate +0.01746% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $16,504 | Land Value $1,333 | Improvement Value $15,171 | Tax Amount $435.86 | Change Rate -0.142767% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $16,504 | Land Value $1,333 | Improvement Value $15,171 | Tax Amount $508.45 | Change Rate | Assessed CR | Tax Rate +0.030808% |
| Year 2017 | Assessed Value $49,512 | Land Value $3,999 | Improvement Value $45,513 | Tax Amount $508.45 | Change Rate | Assessed CR | Tax Rate +0.010269% |
| Year 2016 | Assessed Value $49,512 | Land Value $3,999 | Improvement Value $45,513 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $49,512 | Land Value $3,999 | Improvement Value $45,513 | Tax Amount $434.73 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $49,512 | Land Value $3,999 | Improvement Value $45,513 | Tax Amount | Change Rate | Assessed CR | Tax Rate |