Property Q&A in Scottsdale>Question Details

Phred, Other/Just Looking in San Francisco, CA

How is property tax calculated in the Scottsdale area?

Asked by Phred, San Francisco, CA Fri Mar 20, 2009

Property tax seems to be all over the map and only loosly related to list price. Also, I would expect property tax for a condo or townhome to be much less than a similar house, but I am not see that either.

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Phred we have pretty good taxes compared to CA where I also have property and the difference for me is thousands. I did a direct search and copied and pasted for you below.

Scottsdales 2007 primary property tax rate is .4192 . The city of Scottsdales bond or secondary property tax rate is .5512 . The combined property tax rate for residents who live within the Scottsdale Unified School District (48) is 8.4766 for every $100 of assesed value. Primary taxes are for the benefit of the taxing district, and are used for their maintenance and operations. Secondary taxes (bond) are used for voter approved city improvement projects , redemptive charges on bond indebtedness, and any special district assesments which may be needed.

For example, a home with an Assesor's full cash value of $200,000 is multiplied by the assesment ratio which determines the assesed value. The assesment ratio used for residential homes in 2007 is 10% . So the assesed value would be $20,000 . If we apply the current rate of $8.4766 for every $100.00 of assesed value, the approximate tax would be $1695.32 .This is based on $8.476 x ($20,000 / $100) . For additional information regarding Scottsdale, Arizona property taxes visit the City of Scottsdale website.

2008 was a bit higher assessed values and that will likely change for 2009. Hope this helps!

So for example a 1500 sf house would be about $1300
3 votes Thank Flag Link Fri Mar 20, 2009
Phred,

In general taxes in Arizona are lower than California and looks like you have all the formulas below to help you compute numbers. The one key difference in Arizona is the property values that the taxes are computed on is not fixed - as it is based on assessed values which are updated yearly. Every year, the Maricopa Tax Assessor will reassess each property and assign two values to the home, typically both of these are less than the fair market value of the home (FMV). Then the tax rates for the current year are applied. Tax rates will vary based on the property type (condo/home)

You can also go out to this website to see what the taxes are on homes in various subdivisions:
http://www.maricopa.gov/assessor/NewParcel/Default.aspx

It's helpful to look at a few examples of places you're interested in to see how the rates are calculated and you can also see the history for a given parcel.
1 vote Thank Flag Link Fri Mar 20, 2009
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