When it closed, the property had an assessed value of $4.4 million.
The subject must include an assessed oral component (presentation, student-led discussion, class participation, etc.).
So, he said, while a Class 1 property with a market value of $1 million would have an assessed value of $80,000, a Class 2 property with the same market value would have an assessed value of $450,000.
So a home that has an estimated market value of $1 million would have an assessed value of $10,000.
This means a house with a market value of $100,000 would have an assessed value of $60,000.
Central Park South has an assessed valuation of almost $80‐million, more than 30 times that of the northern boundary.
A student's need is determined by subtracting an assessed family contribution from the cost of attendance (or "student budget").
Thus, a house in Pelham with an assessed value of $570,000 is expected to sell for somewhere around that much.
The developer paid the outstanding taxes on the property and agreed to an assessed value of $52 million for the site.
This means that a one-, twor, or three-family property with a market value of $200,000 would have an assessed value of $16,000.
The ratio last year was 2.11percentt, which would have given the same $1 million home an assessed value of $21,100.
