It's all here! News on the Tucson real estate market, tips and information for your Tucson real estate needs, and my occasional "likes" about Tucson and all the things we love about it. Read on!

Tuesday, February 4, 2014

Pima County Assessor's Office Mails Property Valuations

The Pima County Assessor's office began mailing out our property tax valuations last week, so keep an eye on your mailbox.  With the upturn in the Tucson real estate market in 2013, you can also expect at least a bit of an upturn in your property valuation.

It is a little complicated, but Proposition 117, passed by Arizona voters in 2012 says that the limited property value as statutorily defined is the figure used to determine taxes, not the full cash value. The full cash value can be appealed but not the limited property value.

The following link to the Assessor's office has an explanation of that assessment process and further explanation and links to how you can appeal your valuation:                
          Pima County Assessor's Office   The appeal deadline is April 1, 2014.

The Pima County Assessor's office is located in the historic (and beautiful) Pima County Courthouse

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