The Assessor’s Office is required to do a detailed review of property characteristics for each property at least once every five years. In addition to reviewing your property every five years, the county must also update property values based on a review of current market value data each year.
Why has my property value gone up this year even though it has not been five years since it was last appraised by the county?
Utah law requires that all property is assessed at 100% of its fair market value, and that assessments meet specified uniformity standards. Generally the county is deemed to have met the 100% assessment level if its measure of central tendency for an individual property class falls with plus of minus ten percent of the legal level. Staying within the acceptable value range in any given region, district, or neighborhood requires that the county factor the existing values even though that area is not being reappraised in that particular year.
How does the county appraise my home that is still under construction at the end of the year?
The property tax valuation, on residential properties, is based on the percent complete as of January 1 of the current tax year.
Property taxes are an important source of revenue for public (K-12) schools, law enforcement, fire departments, libraries, streets and roads, and city and county government. As in most states, property taxes are the backbone of funding for local government and schools. Generally, public (K-12) schools receive the largest share of the property tax.
Sevier County's branch of the Utah Division of Motor Vehicles (DMV) is located at:
250 N. Main St
Suite 110
Richfield, UT 84701
Their phone number is (800) DMV-UTAH. You can also visit their website to find answers to your questions and access needed forms online.