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assessed value

American  

noun

  1. the value of something as determined by an assessor, especially the value of real property.


Example Sentences

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Under the City Charter, the agency receives a minimum allocation equal to 0.0325% of the assessed value of all property assessed for taxes within city limits.

From Los Angeles Times Jun. 18, 2026

Florida counties generally formulate the assessed value using a percentage of the home’s sales price, he explained.

From MarketWatch May 1, 2026

That’s because mortgage officers typically explain to homeowners how tax payments change over time based on the property’s fully assessed value, said Mike Steele, a mortgage-loan officer in southwest Florida.

From MarketWatch Oct. 24, 2025

To curb the state’s nation-leading property taxes, he’d cap them at a percentage of a home’s assessed value.

From The Wall Street Journal Oct. 10, 2025

In order to prevent unjust charges against such properties, laws usually limit the total assessment against any parcel of land to a fixed percentage of a fair market value or of the assessed value.

From American Rural Highways by T. R. (Thomas Radford) Agg

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