SUBJECT TO CHANGE-refer to county assessor website (see below) for up to date information.
Arizona has one of the most convoluted and confusing property tax calculations around. Having said that, it’s also among the lowest in property tax rates in the nation.
Sedona straddles two counties, Yavapai and Coconino. Uptown Sedona is Coconino. West Sedona, Village of Oak Creek, Cottonwood, Big Park and Cornville are all in Yavapai. The County seat for Yavapai is Prescott and the County seat for Coconino is Flagstaff.
Each County has a ‘Tax Bill Estimator’ on their websites. I used the estimator (a spreadsheet actually) to run an estimate for each county.
Example 1 Coconino: Owner occupied dwelling in Sedona – Coconino County in Tax Area Code 970. Full Cash Value (FCV) of home is $200,000 and Limited Property Value (LPV) is also $200,00. The property is owner occupied. The annual property tax would be $990.72. Source: Coconino County Assessor Office.
Example 2 Yavapai: Owner occupied dwelling in Sedona – Yavapai County in Tax Area Code 0970. Full Cash Value (FCV) of home is $200,000 and Limited Property Value (LPV) is also $200,00. The property is owner occupied. The annual property tax would be $1300.76. Source: Yavapai County Assessors Office.
Seniors Valuation Freeze: Qualified Senior Citizens may request a valuation freeze on their property.
Another good resource, if not equally confusing is the Maricopa County Industrial Development Authority.
City of Sedona – 3.00%
Coconino County – 1.125%
Yavapai County – 0.750%
State of Arizona – 6.600%
Totals: for a grand total sales tax rate of 7.725% in Coconino County and 7.350% in Yavapai County.
Groceries are exempt from sales tax.