|
Owner Of Record
KING LILA L
1603 HAZEL AVE S LEHIGH ACRES FL 33976
Site Address
1603 HAZEL AVE S
LEHIGH ACRES FL 33976
Legal Description
LEHIGH ACRES UNIT 5
BLK 47 PB 15 PG 93 LOT 2
Classification / DOR Code
SINGLE FAMILY RESIDENTIAL / 01
|
|
Exemptions
|
Attributes
|
|
The Just value is the total parcel assessment (less any considerations for the cost of sale). This is the closest value to Fair Market Value we produce and is dated as of January 1st of the tax year in question (F.A.C. 12D-1.002).
The Market Assessed value is the total parcel assessment (less
any considerations for the cost of sale) based upon the assessment standard. Most
parcels are assessed based either upon the Highest and Best Use standard
or the Present Use standard (F.S. 193.011) . For Agriculturally Classified
parcels (or parts thereof), only agricultural uses are considered in the assessment
(F.S. 193.461 (6) (a)). The difference between the Highest
and Best Use/Present Use and the Agricultural Use is often
referred to as the Agricultural Exemption.
(i.e. Market Assessed = Just - Agricultural Exemption)
The Capped (SOH) Assessed value is the Market Assessment
after any Save Our Homes cap is applied. This assessment cap is applied
to all Homesteaded properties and limits year-to-year assessment increases to either
the Consumer Price Index or 3%, whichever is lower. Some Homestead Exempt
taxing authorities use this assessment to calculate a parcel's taxes.
(i.e. Capped (SOH) Assessed = Market Assessed - SOH Cap)
The Taxable value is the Capped (SOH) Assessment after
any personal exemptions, such as Homestead, are applied to it. This is
the value that most taxing authorities use to calculate a parcel's taxes.
(i.e. Taxable = Capped (SOH) Assessed - Exemptions)






