Mobile Home Value Determination

Mobile or manufactured homes not converted to real property are considered personal property. To determine taxable value, the Personal Property Manual used by the Assessor divides mobile/manufactured homes into two categories, as required by statute.

• Homes Sold Prior to July 1, 1982
  The Assessor uses the retail selling price when sold to the original owner, less depreciation at five (5) percent per year to a maximum depreciation of 80 percent of the original acquisition cost.

• Homes Sold on or after July, 1982
  The Assessor uses the acquisition cost to the original owner adjusted by the cost factor, less depreciation at five (5) percent per year to a maximum depreciation of 80 percent of the original acquisition cost.