Acre: A unit of measure for land equal to 43,560 square feet.
Account Number: A unique number assigned by the Assessor’s Office to identify a parcel.
Account Type: Grouping used by the Assessor’s Office to help classify a property by its use.
Actual Value: That value determined by appropriate consideration of the cost approach, the market approach, and the income approach to appraisal.
Assessed Value: The Assessed Value of a property is calculated by multiplying the actual (or market) value and the statutory assessment rate. The Assessment Rate for residential property is currently 7.20%. All other property, including vacant land, is assessed at 29%. Assessed Value is the basis of the property tax calculation (Assessed Value * Mill Levy/1000).
Bathrooms: A count of the bathrooms included in the main square footage of a home; excluding bathrooms located in basement areas.
Bedrooms: A count of the bedrooms included in the main square footage of a home; excluding bedrooms located in basement areas.
Block: The Lot and Block Survey System is a method used to locate and identify land. A subdivision plat is split up into numbered Blocks, which are further divided up into individual parcels, or Lots.
Book and Page: A method of denoting the location of a recorded document. In Douglas County, Book and Page are no longer used and have been replaced by a Reception Number.
Building ID: Each building on a property is given a unique number, and all data pertaining to that improvement is associated with the number.
Building Use: This code is also known as a Valuation Class Code or an Abstract Code. The Building Use code describes the use of an improvement in terms of a numeric code.
Built As Code: The description of the type or style of structure. For residential property this may be a ranch style or two Story home; for outbuildings it could be a barn or hay shed; and for commercial property it could be a fast-food restaurant or discount store.
Built SF: The square footage of the primary levels of a structure. The building square footage does not include basement square footage which is listed separately. The square footage is calculated from exterior dimensions that have been rounded to the nearest half foot.
Class Code: Also known as a Valuation Class Code or an Abstract Code, the Class Code describes the use of a property in terms of a numeric code.
Completion Percentage: This measure is used to describe improvements that are still under construction and designates how much of the building has been completed.
Condition: Condition descriptors are used for depreciation purposes in the Cost approach to value, and generally refers to any physical deterioration that may exist on a structure.
Deed Type: The type of document or legal instrument used to transfer ownership of a property.
Exterior Type: The type of building material used to complete the exterior of a structure.
Floor Type: The type of building material(s) used to cover the floor surface of a structure. In many tract homes the term “Allowance” describes that multiple standard floor covers have been used in the structure.
Finished Basement SF: The square footage of that portion of a basement that has been finished. All dimensions are rounded to the nearest half foot prior to calculation.
Finished Basement %: The percentage of the total basement square footage that is finished.
Fireplaces: A count of the fireplaces included in the main square footage of a home; excluding fireplaces located in basement areas.
Garage SF: The square footage of the garage, whether attached, detached or built-in. All dimensions are rounded to the nearest half foot prior to calculation, and are based on exterior measurements.
Grantee: A person to whom property is transferred by deed or to whom property rights are granted by a trust instrument or other document.
Grantor: A person who transfers property by deed or grants property rights through a trust instrument or other document.
Heat Type: The type of heating, ventilating and air-conditioning system in a structure.
Improved Land: 1. Land that has been developed for some use by the construction of improvements; also land that has been prepared for development by grading, draining, installing utilities, etc., as distinguished from raw land.
Improvements: Buildings or other relatively permanent structures or developments located on or attached to land.
Improvement SF: The square footage of the primary levels of a structure. The building square footage does not include basement square footage which is listed separately. The square footage is calculated from exterior dimensions that have been rounded to the nearest half foot.
Interior Type: This term describes the type of interior wall finish in a structure; typically this is denoted as Drywall.
Land Attribute: Characteristics specific to a parcel of land that affect its market value. Examples of land attributes might be lake frontage, proximity to power lines or greenbelt frontage.
Land Use: This code is also known as a Valuation Class Code or an Abstract Code. The Land Use code describes the use of a property in terms of a numeric code.
Legal Description: A description of land that identifies the real estate according to a system established or approved by law; an exact description that enables the real estate to be located and identified.
Lot: 1. A distinct piece of land; a piece of land that forms a part of a district, community, city block, etc.; 2. A smaller portion into which a city block or subdivision is divided; described by reference to a recorded plat or by definite boundaries; a piece of land in one ownership, whether platted or unplatted.
Mill Levy: A tax rate expressed in tenths of a cent; e.g., a tax rate of one mill per thousand means $1 of taxes per $1000 of assessed value.
Mill: One-tenth of one cent; often used to express real estate taxes.
Mobile Homes: Mobile Homes are classified and valued in the same manner as other real property, for example, like residential single family homes.
Neighborhood: A group of complementary land uses; a congruous grouping of inhabitants, buildings, or business enterprises.
Net Acres: A unit of measure used to describe land size. One acre is equal to 43,560 square feet.
Occupancy Code: The descriptor of a building or a portion of a building’s use. A multi-use building will have more than one occupancy code because the square footage is split between uses. An example would be a greenhouse structure which also has a retail store built in. One Occupancy would be Greenhouse and the other would be Retail Store.
Occupancy Percentage: The percentage of a structure’s total square footage that is dedicated to a specific occupancy or use.
Owner of Record: The owner of title to a property as indicated by public records.
Owner Address: The mailing address of a property owner, provided by that owner to the Assessor’s Office.
Parcel Number: A code number that serves as an abbreviation of, or replacement for, a parcel’s legal description; used to facilitate the storage and use of land data in an information system; may be based on geocodes, government surveys, or tax maps.
Property: Consists of two categories, “real” and “personal”.
- Real — Land, buildings, and improvements affixed to the land.
- Personal — All property not permanently affixed to land, such as aircraft, business equipment, agricultural equipment, billboards, etc.
Property Type: This term describes the intended use of an improvement, such as Outbuilding, Condominium, or Residential.
Quality: Quality descriptors are based on a standard ratings of Low, Fair, Average, Good, Very Good, and Excellent. Attributes such as above-average interior trim, custom kitchen design, or unique architectural embellishments add to the property’s quality rating. See – Criteria for Residential Construction Quality
Range: In the Government Survey System, a range is a measurement of land that is six miles wide, and runs in a north-south direction. The ranges are numbered east and west according to their distance from the principal meridian.
Reception Number: The number that is assigned by the Clerk and Recorder to a document at the time it is recorded. The Reception Number has replaced the Book and Page numbering system for recorded documents in Douglas County.
Roof Material Type: The type of building material(s) used to cover the roof of a structure; such as asphalt shingle, concrete tile, metal, etc.
Roof Type: This term describes the architectural style of a building’s roof; such as gable, hip, flat, etc.
Sale Date: The date at which the property sold.
Sale Price: The price at which the property sold.
Section: In the government survey system of land description, one of the 36 sections, each one mile square, into which each township is divided.
Situs: In real estate, the physical location of a property; in personal property, the taxable location because personal property may be moved from one place to another.
Square Footage: The square footage of the primary levels of a structure. The building square footage does not include basement square footage which is listed separately. The square footage is calculated from exterior dimensions that have been rounded to the nearest half foot.
State Parcel Number: A twelve digit number assigned in accordance with a geographic location, consisting of numbers assigned to township, section, quartersection, block and lot.
Stories: The number of above-ground floors associated with a structure.
Style: The description of the type or style of structure. For residential property this may be a ranch style or two Story home; for outbuildings it could be a barn or hay shed; and for commercial property it could be a fast-food restaurant or discount store.
Subdivision: An area of land that is divided for the purpose of disposition into two or more lots, parcels, units or interests.
Subdivision Filing: A subdivision filing is a group of parcels that exist as a sub-set of a larger subdivision.
Tax Area: A political subdivision of one or more assessment districts where a governmental unit has the authority to levy taxes. This term is used synonymously with “Tax District”.
Tax Authority: There are over 200 different taxing authorities in Douglas County which affect various tax districts. They include the county commission, municipalities, school board, transit, water management, and fire districts. These different entities all have public hearings on budget requests for the forthcoming year.
Tax District: A political subdivision of one or more assessment districts where a governmental unit has the authority to levy taxes. This term is used synonymously with “Tax Area”.
Tax Levy: In property taxation, the total revenue that will be realized by a tax.
Tax Rate: The ratio between that tax and the tax base; applied to the assessed value to determine the amount of tax; obtained by dividing the amount of the tax levy by the total assessed value of all properties in the tax district; usually expressed in dollars per $100 or $1,000 (mills) of assessed value.
Tax Year: The year in which the valuation for property taxes occurs.
Total Porch SF: The combined square footage of all porches, patios and decks associated with a building. All dimensions are rounded to the nearest half foot prior to calculation.
Township: In the government survey system of land description, the area between two township lines and two range lines; normally contains 36 sections of approximately 640 acres each.
Unfinished Basement SF: The square footage of that portion of a basement that is not finished. All dimensions are rounded to the nearest half foot prior to calculation.
Unfinished Basement %: The percentage of the total basement square footage that is unfinished.
Unit Type: This term refers to the way Condominium or Townhouse properties are typically constructed in groups where some of the walls are common or shared. A unit’s location in the overall structure can influence its market value, based on whether it is an interior or end unit.
Valuation Class Code: Also known as a Building Use, Land Use or an Abstract Code, the Class Code describes the use of a property in terms of a numeric code.
Valuation Class Description: The definition of use associated with a numeric Class Code.
Valuation Type: A single letter character designation of the property segment being valued, such as “I” for improvement, and “L” for land.
Value: 1. The monetary worth of a property, good, or service to buyers and sellers at a given time; 2. The present worth of the future benefits that accrue to real property ownership.
Walkout Basement: A type of basement where there is exterior access from the basement, and that entrance/exit is at ground level.
Year Built: The year that an improvement was constructed.