Staples v. Concord Equities, L.L.C.

OPINION

KESSLER, Judge.

¶ 1 Does the value for Arizona real property “roll over” to the next tax year as described in Arizona Revised Statutes (“A.R.S.”) section 42-16002(B) (2004) when the value is set after an administrative appeal to the Arizona Tax Court? The Arizona Tax Court found that it does as a matter of law. We agree and affirm that judgment.

FACTS AND PROCEDURAL BACKGROUND

¶ 2 Concord Equities, L.L.C. (“Taxpayer”) owns Parcel No. 137-11-428V (the “Property”) in Pima County. Located on Mission Road in Tucson, the Property contains a 248-unit apartment complex named Mission Antigua…