Property Tax Costs

Property taxes are determined by your property’s assessed value, not the market value. Surprise has a current primary property tax rate of $0.7591 per $100 of assessed limited property valuation.

The voter-approved 2017 GO Bond created a secondary property tax that will be used to fund 10 capital improvement projects. The city is in the process of issuing a second round of bonds for this purpose. In connection with this, the secondary property tax rate will become $0.3880 per $100 of assessed limited property valuation. Any secondary property tax collections are required to be used to pay off the bond debt(s).

The cost of the General Obligation Bond to a property owner in Surprise will thus be estimated at less than $39 a year for a maximum of 22 years on a home with $100,000 in Limited Property Value (LPV), which is $10,000 Assessed Limited Property Value.

Follow These Steps To Determine The Combined Primary And Secondary Property Tax For Your Home:

  1. Visit http://mcassessor.maricopa.gov 
  2. Enter property address in search box, and click on parcel number for details
  3. Scroll down to Valuation Information
  4. Find the “Assessed LPV
  5. Divide “Assessed LPV” dollar amount by 100, then multiply that number by the combined primary & secondary $1.1471 rate
House 39 property tax graphic