240 Old Country Road, Mineola, New York 11501 (516) 571-1500
|32 A ELIZABETH DR
BETHPAGE NY, 11714
|PARID: 49195 00340
TAX CLASS: 1
Due to the instability of Nassau County's real estate market caused by the COVID-19 pandemic, County Executive Laura Curran has paused property valuation updates for the 2022-2023 assessment roll. Therefore, unless you have since received a correction of error, an assessment reduction, or physically altered an improvement, or petitioned for a map change, this notice should reflect the same property assessment as the previous tax year, which protects against an assessment update based on the current chaotic real estate market. This pause will protect taxpayers as many continue to face economic hardships stemming from the crisis.
• Full Market Value is the estimate of your property's market value as of January 4, 2021.
• Level of Assessment is the percentage of Full Market Value at which properties are assessed as determined by the Department of Assessment. For tax year 2021/2022, the class one Level of Assessment was .10% (.0010). For tax year 2022/2023, the class one Level of Assessment is unchanged at .10% (.0010).
• Tentative Assessed Value is calculated using your property's Full Market Value multiplied by the current Level of Assessment. (Example: A Full Market Value of $400,000 multiplied by a Level of Assessment of .0010 equals $400 in Tentative Assessed Value for tax year 2022/2023).
• The Full Market Value figure shown, as of 1/4/21, does not take into consideration any potential change in value that is currently being considered by the Assessment Review Commission (ARC), if you grieved your assessment. Should ARC reduce the assessed value for this property, it will provide the owner or the owner's representative with a written notice.
• You can help the Department of Assessment improve its valuation efforts by reviewing your property's inventory utilizing our Land Records Viewer at www.mynassauproperty.com and follow the link to "Property Search." Please inform us – in writing or on our website at askthecountyassessor.com – of any corrections that need to be made. Some inventory discrepancies may require an inspection of your home.
• A property owner may in writing opt out of the requirement to receive this notice in the mail. You may direct the County to stop mailing this annual notice to you online on our website at askthecountyassessor.com. Property owners will still be able to view their property's tentative assessed value and annual notice on our website at www.mynassauproperty.com.