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504 N Shipp St; Hobbs, NM Property Details

504 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 504 N Shipp St is 6,175 square feet.

Off market
504 N Shipp St Hobbs, NM 88240
$48,477 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Open Loans / Balance: 1 / $73,127
  • Est. Equity / %: $165,873 / 69.4%
  • Inv. Liens: 2
  • APN: 4 000 059 160 001
  • Situs County: Lea
  • Length Of Ownership: 8 years, 3 months

Measurements

  • Lot: 6,175/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 119 LOT 11 12 W 95 OF 12, W 95 OF S 22.5 OF 11 EASEMENT ON N 10 OF S12 OF E 45 OF LOT 12 83007-TRANS
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: 32.705193 / -103.13716
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5725

Ownership Info

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

Taxes

504 N Shipp St has 10 associated Taxes items

504 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 $48,477. The APN we've located for 504 N Shipp St is 4 000 059 160 001.

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Taxes
  • Assessed Value:  $48,477
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 059 160 001
  • Assessed Land Value:  1525
  • Market Land Value:  4575
  • Tax Amount:  1672.32
  • Tax Year:  2025
  • Market Value:  145431
  • Market Year:  2025

Tax History

504 N Shipp St has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,477 Land Value $1,525 Improvement Value $46,952 Tax Amount $1,672.32 Change Rate -0.000263% Assessed CR Tax Rate +0.034497%
Year 2024 Assessed Value $48,477 Land Value $1,525 Improvement Value $46,952 Tax Amount $1,672.76 Change Rate +0.141972% Assessed CR Tax Rate +0.034506%
Year 2023 Assessed Value $42,447 Land Value $1,481 Improvement Value $40,966 Tax Amount $1,464.8 Change Rate +0.042058% Assessed CR Tax Rate +0.034509%
Year 2022 Assessed Value $42,447 Land Value $1,481 Improvement Value $40,966 Tax Amount $1,405.68 Change Rate +0.051094% Assessed CR Tax Rate +0.033116%
Year 2021 Assessed Value $39,192 Land Value $1,396 Improvement Value $37,796 Tax Amount $1,337.35 Change Rate +0.01884% Assessed CR Tax Rate +0.034123%
Year 2020 Assessed Value $39,151 Land Value $1,355 Improvement Value $37,796 Tax Amount $1,312.62 Change Rate +0.044606% Assessed CR Tax Rate +0.033527%
Year 2019 Assessed Value $38,011 Land Value $1,316 Improvement Value $36,695 Tax Amount $1,256.57 Change Rate +0.039493% Assessed CR Tax Rate +0.033058%
Year 2015 Assessed Value $109,908 Land Value $3,615 Improvement Value $106,293 Tax Amount $1,208.83 Change Rate Assessed CR Tax Rate +0.010999%
Year 2014 Assessed Value $102,816 Land Value $3,615 Improvement Value $99,201 Tax Amount Change Rate Assessed CR Tax Rate