NOTICE OF VALUE – MAILED APRIL 1ST, 2024.

On or before April 1st every year, the Torrance County Assessor’s Office mails out a NOTICE OF VALUE to all property owners/taxpayers in the County. This Notice IS NOT A BILL – it contains important information about your property including your Full Assessed Value, Taxable Value, and Net Taxable Value which your property taxes are based on. Your Tax bill is sent from the Torrance County Treasurer’s office in November each year.

Make sure all information set out on the Notice is correct and check to see that you are receiving all tax savings that you are entitled to: Head of Family, 65 & Older/Disabled at any Age Valuation Freeze, Veteran Exemption, 100% Disabled Veteran Exemption.  

PROTEST/APPEALS PROCESS

If you disagree with your assessed value, you may dispute or PROTEST the value by completing and filing a Protest Petition with the Assessor’s office. You may appeal your Residential, Non-Residential (inc. Commercial), Manufactured Homes, Business Personal Property, or Livestock for the following reasons:

·         Value in Excess of Current & Correct

·         Denial of Exemption

·         Incorrect Classification

·         Denial of Valuation Freeze

·         Incorrect Tax District

Forms can be obtained from the Assessor’s Office or Click Here, once completed can be sent to Torrance County Assessor’s Office at P.O. Box 258, Estancia, NM 87016, delivered to 205 Ninth Street, Estancia, NM or via email at tcassessor@tcnm.us. Your protest form must be received by our office or postmarked no later than April 30, 2024.(30 days after the mailing of the Notices of Value per NMSA 1978, Statute 7-38-24).

Still have questions? Just call, email, or come by!    

Mission Statement:

The County Assessor's Office primary responsibility is to determine "fair market value". We do not create value. Buyers and sellers create value by their transactions in the marketplace.

The County Assessor's Office values property (which includes real property; manufactured homes; commercial property; livestock; and business personal property) in order to fund the cost of local government (Torrance County, the Town of Estancia, Mountainair, Willard, Encino and the City of Moriarty), the public school districts (Estancia, Moriarty-Edgewood and Mountainair), emergency services (sheriff, fire departments and ambulance), and special taxing districts (East Torrance, Claunch Pinto, Carrizozo and Edgewood Soil and Water Conservation Districts).

What We Do:

Accept & process reports from property owners.

• List and identify location of property.
• Collect, analyze and interpret market and cost trends.
• We DO NOT tax your property, but value it for property tax purposes.
• Value property in conformance with professional standards of the International Association of Assessing Officers and the laws of the State of New Mexico.
• Apply state laws that exempt certain properties and also allow for lower values for long term residential property owners.
• Report to the property owner the value of their property through the Notice of Value in April annually.
• Defend the value placed on the property at the Valuation Protest Board.
• Please remember the assessor's office cannot perform title searches; you need to contact a local title company to perform a title search of your property.
• Assessor Critical Date Calendar - Click HERE

Online Mapping Data - GeoCortex Map:

The following link is courtesy of the Torrance County Assessor and Rural Addressing Offices. This site is designed to provide a vast amount of data on properties located in Torrance County, New Mexico. Examples include ownership and assessment information on parcels visit the webpage here.

Please Note: The data is updated 3 times every calendar year; January 1st, April 1st & October 1st.
For additional instructions see the Portico GeoCortex Frequently Asked Questions FAQ Here (PDF)