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In 2021, there were 2.6 million assessed properties for a total Los Angeles County property assessment value of US$1.8 trillion. [3] The current assessor is Jeffrey Prang. [4] [5] The most recent assessors have been John Noguez, Robert Quon, who served for the last year of Rick Auerbach's term, and Kenneth P. Hahn.
In some jurisdictions, the assessed value is meant to equal the market value of a property. In other areas, the market value is multiplied by an assessment ratio to arrive at the assessed value. Once a tax assessor determines the assessed value, it is multiplied by a tax rate, called a "mill rate," to arrive at the amount of the property tax. [1]
An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...
It also added property tax caps, ultimately limiting property owners’ tax liability to no more than 1%, 2% or 3% of the gross assessed value, depending on the property’s use.
Matthew Bevan "Matt" Cox (born July 2, 1969) is an American former mortgage broker and admitted mortgage fraudster and con man. Cox, also a true crime author, wrote an unpublished manuscript entitled The Associates in which the main character traveled the country to perpetrate a mortgage fraud scheme similar to the one Cox ran.
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