Santa Fe County Assessor's Office | Gus Martinez

Tax Center FAQ

Functions of the Office of the County Assessors

The Office of the County Assessor is the mechanism that is used by the property tax program to distribute the tax burden approved by taxing authorities correctly and equitably to all taxable property in that authority based on its value. That is why it is imperative that the Office of the County Assessor be funded and equipped appropriately to accomplish this ethical and equitable mandate.

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Q. What does the Office of the County Assessor do?

Q. Does the County Commission oversee, manage or supervise the Assessor's Office?

Q.How is the Office of the County Assessor held accountable for enforcing and administering the Property Tax Code?

Q. Does the Assessor or any employee of the Office have the authority to arbitrarily reduce the value of my property with no evidence or other written proof?

Land Splits and Combinations

Q. Are there any special arrangements I must take before recording a property split or combine survey plat?

Q. If taxes are owed on a parcel of land that has been split or combined with another parcel, who is responsible for the taxes on the original parcel?

Valuation of Property

New Mexico State Statutes 7-38-8 NMSA 1978 require owners of real property, tangible movable business property, and/or manufactured homes to report new purchases and declare any change their property has undergone within the past year. The due date for the report is the last day in February of the year for which taxes are collected.
For residential properties the property owner is also required to file with the Office of the County Assessor the sales affidavit of the newly acquired property. Do not rely on your Title Company or the County Clerk to forward this information to the Office of the County Assessor it is your responsibility.

Q. How are the changes in the value of my property determined?

Q. I am new to New Mexico and have purchased a home. Do I have to pay property taxes in New Mexico?

Q. What is the Notice of Value?

Business Personal Property

Q. What personal property must be reported to the Office of the County Assessor?

Manufactured Homes

Q. Must a manufactured home be assessed with the County Assessor?

Q. What steps must I take as a manufactured home owner before either selling, moving or trading in a manufactured home?

Q. How are manufactured homes values determined?

Q. Will my assessment show the value for the land as well as the manufactured home?

Q. I am thinking of either moving or selling my manufactured home. Are there any special arrangements I must make?

Manufactured Homes Assessed as Real Property

You may request to have your manufactured home assessed as real property. The manufactured home must meet the criteria listed below to be assessed as real property. The form must be completed and return to the Santa Fe County Assessor's Office, c/o Manufactured Homes Section, 102 Grant Ave, P.O. Box 126, Santa Fe, NM 87504.
The submitted request form will be processed by the Assessor's Office to allow the manufactured homes appraiser sufficient time to inspect the manufactured home to ensure it meets the required criteria.

Agricultural and Grazing Special Values

In order to preserve the limited lands available in New Mexico for agricultural and grazing purposes, the New Mexico Legislature has given special valuation status to irrigated agricultural land. (7-36-20 NMSA 1978). Qualified owners of such land must register their land for first time use with the County Assessor by the last day in February and must be prepared to prove that agriculture is the primary use of the land. For the purpose of this section, agricultural use generally means the use of land for the production of plants crops, trees, forest products, orchard crops, livestock, poultry or fish. The term also includes the use of land that meets the requirements for payment of other compensation pursuant to a soil conservation program under an agreement with an agency of the federal government. The agricultural form is available here.

Q. What does agricultural products mean?

Q. What is the Agricultural Special Method of Valuation?

Q. What is the difference between wet and dry agricultural land?

Q. How does the Assessor determine whether the primary use of the land is agricultural?

Q. What is the minimum acreage that qualifies for an agricultural or grazing classification?

Q. Does the Assessor's Office have the right to request income and expense information from a taxpayer who is applying for agricultural valuation?

Claiming Exemptions

Under New Mexico law, there are two New Mexico property taxation exemptions and several categories of institutional and governmental exemptions. Individual exemptions are available for head of family and qualifying veterans. Institutional exemptions are available for governmental agencies, schools, service organizations (nonprofit), churches and special status exemptions.

Q. When may exemptions be claimed?

Q. Is there a Homestead or Head of Household Exemption in NewMexico?

Q. Who is eligible for the Head of Family exemption and how is it applied?

Q. How is the Veteran Exemption status determined and how does it affect property taxes?

Q. How can I find out if my organization warrants an exemption?

Low Income Over 65 and Disabled Value Freeze

Q. How do I apply for the elderly and disabled value freeze?

Residential Property Value Cap

Q. How does the residential property value cap affect the value of my residence?

Q. Now that there has been a downward turn in the market that indicates some residential properties are losing value will I receive a reduction in my value?

Affordable Housing Subsidy Deduction

The affordable housing deduction was enacted by the Legislature in 2009. The deduction may be applied to a property that has a covenant or encumbrance imposed pursuant to federal, state, or local affordable housing programs that limits the owners benefits in the event the residence would be sold.

Protesting Values

Q. When can I protest my assessed valuation?

Q. What is the protest process?

Q. May I review my records at the Assessor's office?

Q. I protested my property valuation and was told by the Assessor's office that I should receive another property tax bill with the correct valuation. How long will it be before I receive the new tax bill?

Q. My valuation protest is still pending. Do I have to pay my taxes by December 10?

Q. Will I be charged interest and penalty on my amended tax bill if I don't pay by December 10?

Q. May I protest my taxes?

Other Tax Facts

Q. What are the property tax rates in New Mexico?

Q. How much property tax will I have to pay?

Q. What services are provided for by my property taxes?

Q. What happens to my taxes after they are collected?

Q. Is there a limit to the amount of my property taxes that can be increased?

Q.What penalties is a property owner subject to for not complying with the Property Tax Code?