Luna Dr N, Maricopa County, Arizona Property Taxes
Median LUNA DR N, AZ effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, but higher than the Arizona state median of 0.56%.
Median LUNA DR N, AZ home value: $372,300
Median annual LUNA DR N, AZ tax bill: $3,566, $1,166 higher than the national median property tax bill of $2,400.
How are property taxes in Maricopa calculated?
Property taxes in LUNA DR N, AZ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding LUNA DR N’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LUNA DR N, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Luna Dr N, Maricopa County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.96%
Estimate Property Tax Bill
$3,574
$3,317
Property Tax Rates Across Luna Dr N, Maricopa County, Arizona
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Luna Dr N Tax Rate
0.96%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Maricopa County Tax Rate
0.52%
Median Effective Arizona Tax Rate
0.56%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Luna Dr N, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Luna Dr N, Maricopa County, Arizona
When examining property taxes in Luna Dr N, Arizona, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Maricopa County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Maricopa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Luna Dr N. For example, the median home price in Luna Dr N is $372,300, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Luna Dr N, Maricopa County, Arizona
Source: Ownwell
$57,600
$855,800
$1,654,000
Median Luna Dr N Market Value
$372,300
Median Maricopa County Market Value
$328,300
Median Arizona Market Value
$302,154
Median United States Market Value
$235,294
Property Tax Assessment Values Across Luna Dr N, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Luna Dr N, Maricopa County, Arizona
In Luna Dr N, located in Maricopa County, AZ, property tax bills are calculated based on the assessed value of a property, which is a percentage of the market value. The property tax rate in this region is notably lower than the national median rate of 1.02%. Homeowners in Luna Dr N experience a median property tax bill of $3,566, which is considerably higher than the national median of $2,400. This discrepancy can significantly impact homeowners, as higher property taxes can increase the overall cost of homeownership and affect household budgets.
Factors influencing property tax bills include the property's assessed value, local tax rates, and any applicable exemptions or deductions. These factors can vary widely, leading to differences in tax bills even among similar properties.
Ownwell assists homeowners by providing expert property tax appeal and exemption services. Our team analyzes your property’s assessed value, identifies potential savings, and guides you through the appeal process. By leveraging our expertise, homeowners can reduce their property tax bills and alleviate the financial burden associated with high property taxes.
Median Luna Dr N Tax Bill
$3,566
Median Maricopa County Tax Bill
$1,766
Median Arizona Tax Bill
$1,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Luna Dr N, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
