Sentence examples for an assessed value from inspiring English sources

When it closed, the property had an assessed value of $4.4 million.

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.

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.

The result is a mishmosh of assessed values, making any efforts to collect sufficient revenues virtually impossible.

The rates are applied to a portion of the assessed values that the city recalculates once a year using a complex set of rules, most of which are mandated by state law.

They expect a drop in the assessed values of their homes, resulting in smaller property tax bills.

With most property values levelling off and some declining, a small minority of assessed values have been reduced, and more could be in the future.

The State revenue projections shockingly assume property taxes collections do not decline, but a 30% decline in assessed values would cost the state $20 billion.