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