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513 S Shipp St; Hobbs, NM Property Details

513 S Shipp St, Hobbs, NM is a Single Family that was built in 1989. This property is currently a cash purchase and is not for sale. The lot size of 513 S Shipp St is 3,824 square feet.

Off market
513 S Shipp St Hobbs, NM 88240
$7,116 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Est. Equity / %: $133,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 155 980 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 3 months

Measurements

  • Lot: 3,824/SqFt

Legal Description

  • Description: NEW HOBBS ADD BLOCK 9 LOT 23 24 N2 OF LOTS 23-24 1989-SHAW, W O 4403-RITZ, NANCY R
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: 32.695942 / -103.137665
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 6530

HOA

  • H O A One Type: Home Owner Association

Ownership Info

513 S Shipp St has no associated ownership info
513 S Shipp St has no associated ownership info.

Taxes

513 S Shipp St has 10 associated Taxes items

513 S 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 $7,116. The APN we've located for 513 S Shipp St is 4 000 155 980 001.

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Taxes
  • Assessed Value:  $7,116
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 155 980 001
  • Assessed Land Value:  261
  • Market Land Value:  783
  • Tax Amount:  192.06
  • Tax Year:  2025
  • Market Value:  21348
  • Market Year:  2025

Tax History

513 S Shipp St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,116 Land Value $261 Improvement Value $6,855 Tax Amount $192.06 Change Rate +0.017321% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $6,908 Land Value $253 Improvement Value $6,655 Tax Amount $188.79 Change Rate +0.016038% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $6,707 Land Value $246 Improvement Value $6,461 Tax Amount $185.81 Change Rate +0.043232% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $6,707 Land Value $246 Improvement Value $6,461 Tax Amount $178.11 Change Rate +0.032701% Assessed CR Tax Rate +0.026556%
Year 2021 Assessed Value $6,322 Land Value $232 Improvement Value $6,090 Tax Amount $172.47 Change Rate +0.045716% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $6,138 Land Value $225 Improvement Value $5,913 Tax Amount $164.93 Change Rate +0.04804% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $5,959 Land Value $218 Improvement Value $5,741 Tax Amount $157.37 Change Rate -0.104326% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $5,786 Land Value $212 Improvement Value $5,574 Tax Amount $175.7 Change Rate +0.029894% Assessed CR Tax Rate +0.030366%
Year 2017 Assessed Value $16,854 Land Value $618 Improvement Value $16,236 Tax Amount $170.6 Change Rate Assessed CR Tax Rate +0.010122%
Year 2016 Assessed Value $16,362 Land Value $600 Improvement Value $15,762 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $15,885 Land Value $582 Improvement Value $15,303 Tax Amount $139.48 Change Rate Assessed CR Tax Rate +0.008781%
Year 2014 Assessed Value $15,420 Land Value $564 Improvement Value $14,856 Tax Amount Change Rate Assessed CR Tax Rate