Property Value History

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Tax Year Just Market Assessed SOH Assessed Taxable Source 2001 12,000 12,000 12,000 12,000 ROLL 2002 12,000 12,000 12,000 12,000 ROLL 2003 12,000 12,000 12,000 12,000 ROLL 2004 150,420 150,420 150,420 125,420 SOH 2005 202,120 202,120 154,930 129,930 SOH 2006 273,860 273,860 159,580 134,580 SOH 2007 268,290 268,290 163,570 138,570 SOH 2008 213,640 213,640 168,480 118,480 SOH 2009 108,510 108,510 108,510 58,510 SOH 2010 94,039 94,039 94,039 44,039 SOH 2011 94,514 94,514 94,514 44,514 SOH 2012 109,301 109,301 97,349 47,349 SOH

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)