The Erving Board of Assessors consists of a 3 Member elected Board. Massachusetts General Laws, Chapter 41, Section 24 states ...” There shall be one, three and five Assessors in every town. The assessors in every city and town shall be elected or appointed as otherwise provided by the law;…”
The Assessors office has the responsibility to determine the value of Real Estate, Commercial, Industrial and Personal property for the purpose of taxation. The process used for the valuation of Real Estate is called the Sales or Fair Market Value, FMV) approach. The FMV approach determines the value of property by averaging the cost of what property and homes are being sold for between a willing buyer and a willing seller. This approach is done every three years through a process called “Revaluation”. The processed used for valuation of Commercial, Industrial and Personal property is based on either the Cost Approach or the Income and Expense Approach. These valuations are also updated every three years.
Other areas of municipal government that the Assessors Office handles include Real Estate Exemptions, Real Estate and Personal Property Abatements, Motor Vehicle and Trailer Excise Tax Bills and Abatements, Property Ownership and Real Estate Deeds.
2017 TAX RATES:
♦Residential/Open Space: $6.96
♦Commercial/Industrial/Personal Property: $11.32