UNDERSTANDING ARIZONA REAL PROPERTY TAXES
Annual Tax Statement
Annual tax statements are billed for the year, although they are not issued until the fall of the current year (September or October).
Taxes May be Paid in Two Halves:
• The first installment is due September 1 and delinquent November 1
• The second installment is due March 1 in the following year and delinquent May 1.
• Always check the property description on the tax statement to avoid paying on the wrong property. To assure proper posting of payment and information to your property, furnish your parcel number when making any payments or inquiries at the Assessor or Treasure’s office. Your parcel number can be found on the valuation card sent to you by the Assessor each year and is usually in the following format: ###-##-###. Sometimes the number is followed by a capital letter.
• The law does not recognize failure to receive a tax statement as a reason for waiving interest. The Treasurer must and will assess interest on all delinquent payments.
• The transfer of ownership information may take as long as six months to process. There-fore, new owners may not receive a tax bill for property purchased after November 1 of the previous year.
• If a tax statement has not been received by October 15, the new owner must contact the Treasurer for a statement so that payment can be made before the first half become delinquent. The Treasurer’s office number is 602-506-8511. (Note: Tax bills are normally mailed to the new lender and paid from impounded funds)
• On or before January 31 of each year, an Assessment Notice is sent from the Assessor to each property owner at the last known address. The Notice includes information for the new tax year, the property’s full cash value, assessed value, classification and assessment ratio.
• During a 45-day period after receipt of the Assessment Notice, valuations can be protested through the County Assessor. For information call the Assessor’s Office at 602-506-3406.
Arizona Tax Calendar
Important Dates in the Arizona Tax Calendar.
For more information, contact the treasurer at (602) 506-8511 or www.treasurer.maricopa.gov.
January 1st: Current taxes become a lien not yet payable.First day to file exception with the Assessor’s Office.
February 1st: On or before this date, Assessor is required to notify property owners of any increase in taxes or of delinquent taxes for previous years sold at auction. (Three year redemption period)
February 15th: Last day to file an appeal with the Assessor’s Office if the property owner feels that the values are excessive or that they violate the limitations of increase.
February 28th: Last day to file exceptions.
March 1st: Second half taxes for the previous year, are due and payable.
May 1st: Second half taxes for previous year, are now delinquent.
July 25th: Tax Roll is certified.
September 15th: Tax statements are mailed mid-September.
October 1st: First half of current year taxes are now due and payable.You may pay for the full year at this time.
November 1st: First half of current year taxes are now delinquent.
Contact me today for a marketing proposal for your home and you’ll see why my listings sell faster and for more money than the rest!
Contact me today for your FREE Home Consultation!
Normally I don't work a lot with strangers. But in the last month, I've had 2 people email me out of the blue and want me to list their house. Their claim is that they have found me online (duh) and they think I'm probably the best agent out there... (obviously) and...
Retirement is the perfect time to consider moving to a smaller place or a more relaxing environment. Read on for a few simple suggestions to make the process as stress-free as possible. Sort and surrender Getting older often means downsizing to get rid of items that...
Most of my days are filled with MLS searches, phone calls between agents and paperwork. This year I've helped more people buy or sell a home than ever and I've had a lot of fun doing it... but then there was this one... [fade in to memory scene] 🙂 I was sitting on...
Selling a home in Arizona with an As-Is Addendum Most people see their home as perfect, even if the toilet only flushes when you pull the head phone cord tied to the float... Those are just quirks, it's what gives the home character right? It's a nice thought, but...
I was asked yesterday, “What is an appraisal?” Yes, it was a child that asked that. (give my clients some credit) But as I was answering, it occurred to me that most sellers know that an appraisal is the value on their home… but I wonder if they know that really, it’s...
My biggest downfall is that I love houses. I love every house, even houses that I would never live in. I walk into every home and I see immediate potential. Chances are that if I’ve ever been to your home, I’ve mentally remodeled it, or imagined myself living there. I...
When people are getting ready to sell their home, they always go straight for the same items. They clean, they paint, they even patch holes in walls or replace the broken outlets. Those things will get the buyers in the door, but more often than not, the things that...
After you've accepted a contract from a buyer to purchase your home, the following 10 days are the LONGEST days of your life. (well, except the last 10 days of a pregnancy) Unless otherwise negotiated in the contract, the buyer has 10 days to inspect the property...
The inspection period and the appraisal are those 2 moments during a transaction that everyone holds their breath and everyone finds religion... cause there is a lot of praying going on. When you are selling your home, know that inspectors WILL make it sound like your...
With all the competition in today’s marketplace, professionally staging your home has never been more important. Here are some top tips from Sure Fit on how to beat your competition and allure the attention of buyers. 1. Consider curb appeal You may not have the funds...