April 19, 2024 6:06 am
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Time to eye property valuations in Pinal County

property values

property valuesBy Raquel Hendrickson | InMaricopa.com

Arizona residential property values are on a 14-year cycle, according to Pinal County Assessor Douglas Wolf. 2007 was a peak year, and 2014 was apparently the lowest part of the trough.

Now, he said, values are climbing back toward what is presumed will be another peak in 2021.

The Assessor’s Office sent out the 2016 Notice of Value statements Feb. 27. Property owners who disagree with the valuation have until April 28 to appeal. For the second year, all property taxes are based on the limited property value only.

While taxes are based on the limited property value, property owners can appeal only the full cash value.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.