Grand Junction and Mesa County Property Taxes

 Mesa County Property Taxes for Grand Junction, Fruita, Palisade and Outlying Areas

Thinking about relocating to the Grand Valley area?  Here is the information you need about Mesa County Property Taxes.

Real property must be revalued every odd numbered year.  The actual value of real property is based on its value as of the appraisal date which is June 30th of the year prior to the reappraisal year.

Residential property may be valued using only the market approach to value.  In this approach, the value of the subject property is based on an analysis of comparable sales to predict the price properties would have sold for on the appraisal date.

The assessment rate on residential properties in 2015 is 7.96%.  The mill levy has been at 0.0654 for 2013 and 2014.

Actual Value X  Assessment Rate X = Assessed Value

Assessed Value X  Mill Levy =  Property Taxes

The actual value assigned to residential properties is based on sales that occurred in the eighteen-month period from January 1, 2013 to June 30, 2014.  Those sales indicated the market conditions in various parts of Mesa County, and the market value of specific types of properties.  Five years of sales activity are analyzed for those types of properties that are few in number or of an unusual situation.

EXAMPLE:

Home listed for sale at $234,900

Tax year  2015  Improvements (actual)  $179,330;  Land (actual) $32,500;  Total Actual $211,830

Improvements Assessed $14,270;  Land Assessed $2,590;  Total Assessed $16,860   X   Mill Levy .0654  =   $1,102.02  Property Tax