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420 N Shipp St; Hobbs, NM Property Details

420 N Shipp St, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 420 N Shipp St is 10,500 square feet.

Off market
420 N Shipp St Hobbs, NM 88240
$81,879 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $972,299
  • Est. Equity / %: $238,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 109 370 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 1 months

Measurements

  • Lot: 10,500/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 106 LOT 7 8 61825 CASTANEDA, CESAR ETUX 2241682
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: 32.704712 / -103.13719
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5724

Ownership Info

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

Taxes

420 N Shipp St has 10 associated Taxes items

420 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 $81,879. The APN we've located for 420 N Shipp St is 4 000 109 370 001.

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Taxes
  • Assessed Value:  $81,879
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 109 370 001
  • Assessed Land Value:  6190
  • Market Land Value:  18570
  • Tax Amount:  2209.83
  • Tax Year:  2025
  • Market Value:  245637
  • Market Year:  2025

Tax History

420 N Shipp St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $81,879 Land Value $6,190 Improvement Value $75,689 Tax Amount $2,209.83 Change Rate -0.010305% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $81,699 Land Value $6,010 Improvement Value $75,689 Tax Amount $2,232.84 Change Rate +0.843996% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $43,708 Land Value $5,835 Improvement Value $37,873 Tax Amount $1,210.87 Change Rate -0.137846% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $43,708 Land Value $5,835 Improvement Value $37,873 Tax Amount $1,404.47 Change Rate +0.032645% Assessed CR Tax Rate +0.032133%
Year 2021 Assessed Value $49,854 Land Value $5,500 Improvement Value $44,354 Tax Amount $1,360.07 Change Rate +0.015303% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $49,854 Land Value $5,500 Improvement Value $44,354 Tax Amount $1,339.57 Change Rate +0.017454% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $49,854 Land Value $5,500 Improvement Value $44,354 Tax Amount $1,316.59 Change Rate -0.150927% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $49,854 Land Value $5,500 Improvement Value $44,354 Tax Amount $1,550.62 Change Rate Assessed CR Tax Rate +0.031103%
Year 2017 Assessed Value $149,562 Land Value $16,500 Improvement Value $133,062 Tax Amount $1,550.62 Change Rate Assessed CR Tax Rate +0.010368%
Year 2016 Assessed Value $149,562 Land Value $16,500 Improvement Value $133,062 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $149,562 Land Value $16,500 Improvement Value $133,062 Tax Amount $1,313.16 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $149,562 Land Value $16,500 Improvement Value $133,062 Tax Amount Change Rate Assessed CR Tax Rate