For Assessed Value we have terms and definitions in 5 topics. The topics are Accounting, Financial, Mortgage, Purchasing A Home and Real Estate.

Assessed Value (Accounting)

is the estimated value of property used for tax purposes.

Assessed Value (Financial)

Is the taxable basis of a property. It is imposed by the municipality. Often it is at a fraction of the market value. Equally, as important, is the rate of taxation on that assessed value. Assessed values may differ substantially from market values and appraised values. Is the taxable basis of a property. It is imposed by the municipality. Often it is at a fraction of the market value. Equally, as important, is the rate of taxation on that assessed value. Assessed values may differ substantially from market values and appraised values.

Assessed Value (Mortgage)

A figure in dollars determined for tax purposes by an assessor which reflects a property's worth and which, unless exempt, is used to compute a tax dollar obligation by multiplying it by a tax rate.

Assessed Value (Purchasing A Home)

The valuation placed on property by a public tax assessor for purposes of taxation.

Assessed Value (Real Estate)

Value placed upon property for property tax purposes by the tax assessor.

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