The SHPO determines program eligibility and monitors property maintenance, and the county assessor enacts tax classification changes, manages issues of property value, and tax calculation.
What I need to know about Property Taxes in Arizona
Properties must meet the minimum maintenance standards established by the Arizona State Parks Board. The SPT program reduces the property taxes between percent.
The exact figure is dependent on special assessments which are specific to your area. As a condition of the reduced tax rate, the owner enters into a year agreement with the state, consenting to maintain their property and to preserve the integrity of its historic features, materials, appearance, workmanship, and environment.
If an owner plans to do any work on the property that will impact its public appearance, the SHPO must be contacted for review and comment or approval prior to project implementation. Property owners are required to submit a notarized form furnished by the SHPO every three years verifying that the property has been maintained according to program guidelines.
This report also requires submittal of two photographs demonstrating the current condition of the property. Furthermore, the owner is required to notify the SHPO when the property ownership or property use changes. The application can also be printed from this website. For example, an application approved by August 1, will qualify a property for the reduction in the tax year. Keep in mind that the assumption of 13 percent of assessed value was for example purposes only.
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The actual tax rate in any particular year may be higher or lower. It may also vary from city to city within Maricopa County and may be different there than in other Arizona counties. Primary tax rates fund government entities while secondary tax rates fund special districts and bond issues. For owner-occupied homes, the total primary tax rate cannot exceed 1 percent of the limited value of the property.
The state effectively provides a tax break to owners of properties that exceed that threshold, lowering the homeowner's school district tax to compensate, then covering the difference.
Homes with occupants other than the owner, for example, rental properties or those held as vacation or second homes, do not qualify for this reduction. You can find the assessed value for a home in Maricopa County at the Maricopa County assessor's website.
The full cash value, the number the assessor uses to determine the assessed value, rarely reaches the market price. This may reflect the timing of the real estate market on which the values are based or rounding by the assessor's office and they always round in your favor.
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If you use the current market price of your home as an estimate, your Arizona property tax will likely be lower when you actually get your bill. Each year, the assessor sends an updated assessment of the value of the home, which determines your property tax. The assessor's office uses a combination of information, including previous sales in the neighborhood, distance from major intersections or areas zoned differently, topography, view, livable square footage, lot size and components, and more. A computer analyzes the gathered information to establish your valuation.
If you disagree with the information you receive from the assessor, you may appeal within 60 days of the date the assessor mailed the notice. But beware of scams asking you to pay a fee to reduce your property taxes or lodge an appeal. The Maricopa County treasurer sends a semi-annual bill to the owner of the home or to a party designated by the owner such as a mortgage company if you have a monthly impound for your Arizona real estate tax.