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.
If you’d like to be notified when property tax appeal information for next year becomes available:
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