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520 N Shipp St; Hobbs, NM Property Details

520 N Shipp St, Hobbs, NM is a Single Family that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 520 N Shipp St has 2 bedrooms, and 1 bathroom, and a total of 1,301 square feet. The lot size of 520 N Shipp St is 8,456 square feet.

Off market
520 N Shipp St Hobbs, NM 88240
$68,000 Listing Price
2 Beds
1 Baths
1,301 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Est. Equity / %: $200,000 / 100%
  • APN: 4 000 172 130 001
  • Situs County: Lea
  • Length Of Ownership: 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1

Measurements

  • Total: 1,301/SqFt
  • Lot: 8,456/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 119 LOT 5 6 W 117.05 LOT 5 & 6 PHOTO AVAILABLE 12715 JPMORGAN CHASE BANK NA 81821 CONTRACT 2184736 52
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: 32.705845 / -103.13712
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5725

Ownership Info

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

Taxes

520 N Shipp St has 10 associated Taxes items

520 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 $28,777. The APN we've located for 520 N Shipp St is 4 000 172 130 001.

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Taxes
  • Assessed Value:  $28,777
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 172 130 001
  • Assessed Land Value:  3000
  • Market Land Value:  9000
  • Tax Amount:  776.67
  • Tax Year:  2025
  • Market Value:  86331
  • Market Year:  2025

Tax History

520 N Shipp St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,777 Land Value $3,000 Improvement Value $25,777 Tax Amount $776.67 Change Rate -0.012473% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $28,777 Land Value $3,000 Improvement Value $25,777 Tax Amount $786.48 Change Rate -0.013509% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $28,777 Land Value $3,000 Improvement Value $25,777 Tax Amount $797.25 Change Rate +0.012921% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $28,777 Land Value $3,000 Improvement Value $25,777 Tax Amount $787.08 Change Rate +0.153349% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $25,015 Land Value $2,717 Improvement Value $22,298 Tax Amount $682.43 Change Rate +0.015294% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $25,015 Land Value $2,717 Improvement Value $22,298 Tax Amount $672.15 Change Rate +0.017438% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $25,015 Land Value $2,717 Improvement Value $22,298 Tax Amount $660.63 Change Rate -0.150446% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $25,015 Land Value $2,717 Improvement Value $22,298 Tax Amount $777.62 Change Rate Assessed CR Tax Rate +0.031086%
Year 2017 Assessed Value $75,045 Land Value $8,151 Improvement Value $66,894 Tax Amount $777.62 Change Rate Assessed CR Tax Rate +0.010362%
Year 2016 Assessed Value $75,045 Land Value $8,151 Improvement Value $66,894 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $75,045 Land Value $8,151 Improvement Value $66,894 Tax Amount $658.88 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $75,045 Land Value $8,151 Improvement Value $66,894 Tax Amount Change Rate Assessed CR Tax Rate