Appraisal Definitions
– Explore our library of appraisal terms and definitions and understand the concepts and principles of property appraisal. Get familiar with the terms and definitions used at the Alachua County Property Appraiser’s Office. It clicking a term and learn about its definition.
Click a term to find its definition.
Assessed Value: The Assessed Value is the combined assessed values of the land and all improvements minus any Save Our Homes Deferred Value. There are currently two different Assessed Values which apply to all properties, one is the County Amount and the second is the School Amount. These two values will most of time be equal to each other but in certain circumstances due to state laws, there will be a difference.
Deferred Value: The Deferred Value is the value of the property that is deferred from taxation because of Amendment 10, Save Our Homes or Amendment 1 for Non-Homestead Cap 10, which restricts increases in homesteaded property values to the Consumer Price Index or a maximum or 3% per year and restricts increases in Non-Homestead property to a maximum of 10%. Once this property is sold and the homestead is removed, the Deferred Value will become part of the assessed value. When the value of a property drops, the Deferred Value, if any, will also drop as a result.
Filing Penalty Amount: The Filing Penalty Amount is a late or non-filing penalty calculated on the total tax levied against the tangible property. The penalty is calculated as 5% of the total tax for each month, or portion of a month, that a return is filed after the due date for the return, not to exceed 25% of the total tax.
Floor Cover: The Floor Cover denotes the type of flooring in the building.
Issue Date: The Issue Date is the date the permit was issued by either the county or the local codes agency.
Land Value: This Land Assessed Value is the Assessed Value of the land if the property does NOT have a Classified Use, such as agricultural. If the Land DOES have a Classified Use, such as Agricultural, this value will be the Classified Use Value of the land, which will be a lesser value than the Assessed. If there is no Classified Value, this value will be the same as the Just Value.
OR Book/OR Page: The OR Book and Page specifies the Official Records book and page number where the sales transaction has been recorded. This data is essentially the key to looking up a specific transaction as recorded in the Clerk’s office. Clicking on the OR Link (Clerk) will direct your browser to the actual scanned document, if it exists.
Parcel Number: The Parcel Number is the primary identification for a specific piece of Real Estate property in Alachua County. The default setting of “Any Parcel” causes every parcel number on file to be included in the search.
Parcel Number is ALSO known as: Account Number, PIN and Tax Parcel.
To narrow a search for property by parcel number, locate the parcel number on a trim notice, tax bill, homestead notice, or Ag exemption notification. The number will have the format: 99999-999-999
After locating the number enter it into the From: Parcel Number field. The leading zeros do not need to be entered, but a separator (blank or -) must be entered between the 3 parts of the parcel number.
For example, Parcel Number 00034-050-001, could be entered any of the following ways:
34 50 1
34-50-1
00034 050 001
00034-050-001
If a specific parcel number is not known, then a parcel range can be entered and the search will return a list of parcels within the range.
Qualified: Sales are determined to be qualified if the sale price reflects an accurate dollar amount relative to the actual Market Value of the property. Sales are unqualified if the sale price is not reflective of the Market Value. Sales such as those between family members, for instance, are often unqualified because the sale amount is far less than the Market Value.
Taxable Value: The Taxable Value is the difference between the Total Assessed Value minus SOH Value minus any Exempt Amount. This is the value that will be multiplied by the millage rates to determine the tax liability. Since certain exemptions do NOT apply to the School Board, there may be two different values, one for the County portion and the other for the School portion.
Taxes: The Total Taxes is the property tax liability amount due to be paid. It is computed by multiplying the Taxable Value of the property by the Millage Rates of each of the applicable Taxing Authorities and adding all of these together. The Total Taxes amount displayed is the amount due if paid in March. Discounts may be given for paying in November thru February and penalties and fees may apply if paying later than March.
Tax Roll Year: The Year or Taxroll Year denotes the year of the Certified Tax Roll information. The initial Tax Roll Certification happens each year in mid to late October for that year. Therefore, the 2015 Tax Roll is certified in October 2015, and is considered the Current Tax Roll until October of 2016.