assessed value

noun

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

Example Sentences

The district estimates the added cost to property owners would be about $111 per year over the life of the bond based on the current median assessed value of homes, which the district puts at $444,269.

From Los Angeles Times

The tax due each year would increase when the assessed value of a home rises.

From Los Angeles Times

A district spokesperson put the median impact at closer to $100, saying the fee would be based on a home’s assessed value, not the market value.

From Los Angeles Times

One, whose assessed value was frozen in the 1980s, owed less than $8.

From Seattle Times

The other, whose assessed value was frozen when purchased about five years ago, owed $3,236, Widenhouse said.

From Seattle Times