State Equalized Value?

Answer

Property taxes are governed by State Equalized Value (SEV). It begins at a rate of 50%, then takes into account deprecation or appreciation depending on what the homeowner has done to it. If a property is left dilapidated or is positioned in a poor neighborhood, then it is likely to depreciate in value.
Q&A Related to "State Equalized Value?"
The state equalized value is based on 50% of market value as required by. State law. Although numerous factors are considered by the Assessor's Office in. arriving at the initial
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Local property taxes help fund public education, but some states have school districts that stretch against multiple municipalities. States apply an equalized assessed value on properties
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A state of being essentially equal or equivalent;
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$149 (or whatever price you pay) + the additional value you would get from owning the phone. Embed Quote
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