assessed value
the value of something as determined by an assessor, especially the value of real property.
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use assessed value in a sentence
Many states, for instance, impose limits on how much a home’s assessed value can rise in a year to guard owners against huge tax increases.
Homes in poor neighborhoods are taxed at roughly twice the rate of those in rich areas, study shows | Christopher Ingraham | March 12, 2021 | Washington PostProposition 13 established a 1 percent across-the-board property tax but most importantly, it froze the assessed value of a property.
San Diego Democrats Struggle With Proposition 15 | Scott Lewis | October 5, 2020 | Voice of San DiegoThe assessed value of property in 1830, amounted to about two and a half millions.
There is also a supplementary tax on property of about 1⁄20th% of the assessed value.
Estates of an assessed value of more than ten 'skylddaler' are designated as 'Large Properties.'
This state should tax forest lands according to the product rather than the assessed value of the land.
The Making of Arguments | J. H. Gardiner
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