Yavapai County Assessor Judd W. Simmons mailed more than 168,600 value notices for the 2025 tax year on Friday, February 16th. The effective valuation date for these values is January 1, 2024, and will be used to calculate the 2025 tax amount. invoice.
The 2025 Valuation Notice is the county's official declaration regarding full cash valuations and limited property valuations. Full cash value is synonymous with market value, and limited asset value is calculated in accordance with Arizona law, according to a news release. The restricted property value will be used to calculate your 2025 property tax bill.
State law requires this notice to be mailed by March 1 of the year preceding the tax year. This notice includes both 2024 and 2025 values, making it easy for all property owners to recognize increases or decreases in assessed value from the previous year.
The median value of single-family homes decreased by approximately 3% from the 2024 Announcement to the 2025 Announcement. This decline reflects changes in the market across Yavapai County, the evaluator reported. Sales generated in 2022 and 2023 were used for property valuation for the 2025 tax year based on Arizona Department of Revenue guidelines.
All property owners should determine the full cash value and legal class of their property. If you believe the full 2025 cash value and/or legal classification is incorrect, please consider filing a petition for review. Information about the appeals process is included in the Notice of Value.
For more information, visit www.yavapaiaz.gov.