Assertion: property's value | /r/HasProperty | equal
Facets:
value: to 25% of market value
type: OTHER
value: to the purchase price
type: OTHER
value: for residential property
type: OTHER
value: typically
type: DEGREE
Source sentences:
text: So when you buy a home, the assessed value is equal to the purchase price.
text: These rates apply to assessed value, which is equal to the sales price of recently purchased homes, but is otherwise generally lower than actual value.
text: Since it is not feasible to divide a house in half, often the court will award one spouse the house, and the other spouse receives other assets that's value is equal to half the value of the home.
text: If the lease is at market rent, then the leased fee value and the fee simple value are equal.
text: If the lease is at market rent, then the leased fee value and the fee simple value are equal.
text: For residential property, assessed value is equal to 55% of market value.
text: For residential property, assessed value is equal to 25% of market value.
text: In Chattanooga, the county’s largest city, the total 2019 mill rate was $5.0422 per $100 in assessed value, which is equal to 25% of market value.
text: Tax rates in Colorado do not apply to market value, but rather to assessed value, which is equal to a fraction of the market value.
text: The assessed value of property in most of Illinois is equal to 33.33% (one-third) of the market value of the residential property.
text: Although there are some exceptions, a property’s assessed value typically is equal to its purchase price adjusted upward each year by 2 percent.
text: Under this system, when real property is purchased, the county assessor assigns it an assessed value that is equal to its purchase price, or “acquisition value.