assessed value

American  

noun

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

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Example Sentences

See Examples For:

assessed value

Property taxes can increase after the first year if the local government reassesses the home’s value after it changes hands, or if the property’s assessed value changes under local tax rules.

From MarketWatch ● Aug. 15, 2026

Under the City Charter, Recreation and Parks is entitled to a minimum level of funding equal to 0.0325% of the assessed value of all property assessed for taxes within city limits.

From Los Angeles Times ● Jun. 17, 2026

And it would create a framework for potential future increases in exemptions that could reach the full assessed value of a home.

From The Wall Street Journal ● Jun. 2, 2026

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

From MarketWatch ● May 1, 2026

Absentee landlords to assess their own lands, the State reserving the right to purchase such lands at their assessed value plus 10 per cent.

From Socialism As It Is A Survey of The World-Wide Revolutionary Movement by William English Walling