Taxes
- Assessed Value: $63,504
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 068 630 001
- Assessed Land Value: 5283
- Market Land Value: 15849
- Tax Amount: 2151.03
- Tax Year: 2025
- Market Value: 190512
- Market Year: 2025
721 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 $63,504. The APN we've located for 721 S Shipp St is 4 000 068 630 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $63,504 | Land Value $5,283 | Improvement Value $58,221 | Tax Amount $2,151.03 | Change Rate -0.34252% | Assessed CR | Tax Rate +0.033872% |
| Year 2024 | Assessed Value $103,791 | Land Value $5,129 | Improvement Value $98,662 | Tax Amount $3,271.63 | Change Rate +0.080691% | Assessed CR | Tax Rate +0.031521% |
| Year 2023 | Assessed Value $96,451 | Land Value $4,980 | Improvement Value $91,471 | Tax Amount $3,027.35 | Change Rate +0.042576% | Assessed CR | Tax Rate +0.031387% |
| Year 2022 | Assessed Value $96,451 | Land Value $4,980 | Improvement Value $91,471 | Tax Amount $2,903.72 | Change Rate +0.002119% | Assessed CR | Tax Rate +0.030106% |
| Year 2021 | Assessed Value $93,500 | Land Value $4,694 | Improvement Value $88,806 | Tax Amount $2,897.58 | Change Rate +0.018099% | Assessed CR | Tax Rate +0.03099% |
| Year 2020 | Assessed Value $93,363 | Land Value $4,557 | Improvement Value $88,806 | Tax Amount $2,846.07 | Change Rate +0.034803% | Assessed CR | Tax Rate +0.030484% |
| Year 2019 | Assessed Value $91,754 | Land Value $4,424 | Improvement Value $87,330 | Tax Amount $2,750.35 | Change Rate +0.032111% | Assessed CR | Tax Rate +0.029975% |
| Year 2018 | Assessed Value $88,826 | Land Value $4,295 | Improvement Value $84,531 | Tax Amount $2,664.78 | Change Rate +0.35323% | Assessed CR | Tax Rate +0.03% |
| Year 2017 | Assessed Value $147,690 | Land Value $12,510 | Improvement Value $135,180 | Tax Amount $1,969.2 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $147,327 | Land Value $12,147 | Improvement Value $135,180 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $147,327 | Land Value $12,147 | Improvement Value $135,180 | Tax Amount $1,620.41 | Change Rate | Assessed CR | Tax Rate +0.010999% |
| Year 2014 | Assessed Value $131,550 | Land Value $12,147 | Improvement Value $119,403 | Tax Amount | Change Rate | Assessed CR | Tax Rate |