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2024 Notices of Value mailed

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MARICOPA COUNTY, Ariz. (Feb. 24, 2023) - Maricopa County property owners will begin receiving their 2024 Notices of Value this week. In total, the Maricopa County Assessor’s Office is sending 1,626,124 notices on Feb. 24, roughly 26 thousand more than last year. These notices provide property owners with important information about the assessed value of their property.

Median values for all properties rose for the 2024 tax year, with manufactured housing seeing the largest increase of 28.5%. Single-family residential home values increased for the 11th consecutive year but at about half the rate of tax year 2023.

“Our team assesses every parcel and property with our core values of fairness, equity, transparency, and efficiency,” said Maricopa County Assessor Eddie Cook. “We serve the nation’s fourth largest and often fastest growing county but make it a daily priority to provide best-in-class service. This is especially apparent in my Office’s commitment to innovate and embrace new technology.”

In the last year, the Maricopa County Assessor’s Office has launched a new mass appraisal system and online customer portal. Property owners can now register rental properties, apply for personal exemptions, and file appeals with this online resource.

Property owners have sixty days from the mailing date printed on their notice to file an administrative appeal with the Assessor’s Office. So, for all notices mailed Feb. 24, property owners have a deadline of April 25 to file an appeal if they believe their property has been improperly valued or classified.

Our office also offers the option to receive your Notice of Value by email. This voluntary eNotices service is easy to use, convenient, provides archives, and saves the County money by reducing printing and postage. Please click here to learn how to sign up.

	FCV 2023	FCV 2024	FCV % Change	LPV 2023	LPV 2024	LPV % Change
Vacant Land	56,200	68,500	21.9%	18,790	19,404	3.3%
Single Family Residential	352,700	418,300	18.6%	197,099	206,954	5%
Condominium	225,100	285,100	26.7%	108,360	113,779	5%
Apartments	489,200	623,600	27.5%	133,296	139,961	5%
Commercial	794,300	972,000	22.4%	494,874	519,489	5%
Manufactured Housing	92,900	119,347	28.5%	68,096	71,483	5%

The Maricopa County Assessor's Office has nearly 300 employees, about half of whom are appraisers. Each year, the Maricopa County Assessor’s Office values over 1.8 million real and personal property parcels and accounts with a full cash value of over $1 trillion. The property values determined by the office serve as the foundation for fairly allocating more than $650 million in property tax revenue for Maricopa County and its cities, towns, and districts last year.