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4:11
YouTube
Simple Explain
Assessed Value: Definition, How It's Calculated, and Example
Assessed value is the dollar value assigned to a home or other piece of real estate for property tax purposes. It takes into account the value of comparable properties in the area, among other factors. The assessed value is calculated as a percentage of the fair market value of the property. The value is determined by local government assessors ...
523 views
Dec 12, 2023
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