The amount of taxes you pay on real estate in Mohave County is based on the “assessed value” of your specific property as determined by the County Assessor. Basically the Assessor’s office uses adjusted sales data and something they call “mass appraisal mathematical model” to arrive at your assessed value. And that’s that, except…
Property owners have the right to appeal assessed value
The Mohave County Assessor mails each property owner an annual Notice of Value (click to download a sample) stating the amount of your assessed value for the upcoming tax year. As the owner of the property, you have the right to appeal the assessed value if you disagree with the amount. The appeal must be filed prior to the Appeal Deadline stated on the notice, which was April 29th this year for the 2009 tax year.
While the deadline is passed for 2009, I encourage you to be on the look out for your 2010 Notice of Value early next year. I will post detailed instructions here along with links to the relevant forms for those of you interested in appealing your assessed value next year and possibly reducing your property taxes. We made this information available on our company website for 2009 and the page was very popular. But does appealing your assessed value work?
According to the Mohave Daily News this week, “Of the property owners who appealed their valuations, more than 82 percent saw their assessed values decreased.” Remember that property taxes are directly related to the amount of your assessed value. If the valuation decreases, so do the property taxes.
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Our property tax have gone up over 50% in the last two years. While porerty values have slid down over 53% I am over seventy five yers old and on a fixed income and at this rate we could loose our property very soon if this continues. I have paid my shear of taxes up to now. I know if thie continues over the next two years Mohave county will owen our home and we shall be home less. God Bless America
Hi William,
Thanks for reading the blog. If you think your valuation is too high you should file an appeal to get it lowered. You can find the info here: http://www.bullheadcityblog.com/how-to-lower-your-property-taxes/. I’ll help you with comparable sales, just follow the instructions on that link.
Also, have looked into filing a “senior freeze”? If it’s your primary residence and you meet the income requirements, you can have your valuation locked in for three years. You can read more about that here: http://legacy.co.mohave.az.us/depts/assessor/seniorfreeze_default.asp
I hope that helps. Give me a ring or drop me an email, I’d be glad to help you.
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