Board of Review Assessment Information

Board of Review Assessment Information

Information about the Board of Review Process-Appealing
Board of Review Petition
Board of Review Petition Instructions
Michigan Tax Tribunal Information
FAQ: Assessor's Office 2020 Assessment Year

2020 Inflation Rate (CPI) Formula

March 2020 Board of Review Dates


All persons protesting their assessment must complete a petition located above or at www.michigan.gov/treasury .


CHARTER TOWNSHIP OF NORTHVILLE
2020 MARCH BOARD OF REVIEW DATES


The Northville Township 2020 Board of Review will conduct hearings on the following dates for appeals from citizens, regarding the 2020 assessment, at the Northville Township Hall, 44405 Six Mile Road.

All appeals are by appointment. Starting Monday, February 24, 2020 please call (248) 348-5811 to schedule an appointment. Letters of appeal must be received by 11:00 am on March 13, 2020. Postmarks are not accepted.


Tuesday March 03, 2020 9:00 am Organizational Meeting

Appointment Dates for Hearing:

Monday March 9, 2020
 
9:00 am to 12 Noon 
1:00 pm to 4:00 pm

Tuesday March 10, 2020 
1:00 pm to 4:00 pm
6:00 pm to 9:00 pm

Thursday March 12, 2020 
6:00 pm to 8:00 pm

Friday March 13, 2020 
9:00 am to 11:00 am

All persons protesting their assessment must complete a petition (form L-4035) or can be obtained at Northville Township Hall .



The following is a brief description of the four common values examined by Michigan Assessors:

ASSESSED VALUE (AV): 50% of true cash value (i.e. the usual selling price between a buyer and seller and synonymous with market value).

STATE EQUALIZED VALUE (SEV): the assessed value resulting after county and state equalization processes.

CAPPED VALUE (CV): the parcel’s prior year’s taxable value multiplied by the consumer price index or 5%, whichever is less, unless there is a physical change in the property.

TAXABLE VALUE: the lesser of the assessed value or capped value unless there is a transfer of ownership. When a property transfers ownership, then its taxable value is uncapped in the year following the transfer of ownership and its taxable value is the same as its state equalized value (i.e. assessed value)

Assessed value is based on the statutory standard of value identified as true cash value. True cash value, as used by assessors, is defined as, in pertinent part (MCL 211.27(1):

“…the usual selling price at the place where the property to which the term is applied is at the time of assessment, being the price which could be obtained for the property at private sale, and not at auction sale except as otherwise provided in this section, or at forced sale…usual selling price may include sales at public auction held by a non-governmental agency or person when those sales have become a common method or acquisition in the jurisdiction for the class of property being valued…usual selling price shall not include sales at public auction where the sale is part of liquidation of the seller’s assets in a bankruptcy proceeding or where the seller is unable to use common marketing techniques to obtain the usual selling price for the property…”