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assessed value
noun
- the value of something as determined by an assessor, especially the value of real property.
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Example Sentences
Examples have not been reviewed.
The district estimates the added cost to property owners would be about $111 per year over the life of the bond based on the current median assessed value of homes, which the district puts at $444,269.
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The tax due each year would increase when the assessed value of a home rises.
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A district spokesperson put the median impact at closer to $100, saying the fee would be based on a home’s assessed value, not the market value.
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One, whose assessed value was frozen in the 1980s, owed less than $8.
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The other, whose assessed value was frozen when purchased about five years ago, owed $3,236, Widenhouse said.
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