|
How to Appeal Your Value Notice
READ BOTH SIDES OF YOUR NOTICE
As a King County property owner, you receive an
Official Property Value Notice annually. Your value is established by
the Assessor as the basis for property taxes due the next year. The notice
shows your new assessed value, who to call with questions, options for
tax relief, how to start an appeal, and most importantly, your appeal
deadline. In most cases, the deadline is sixty (60) days from the mail
date on the notice.
YOUR NOTICE SHOULD REFLECT MARKET VALUE
State law requires the Assessor to appraise properties at 100% of market
value [RCW
84.40.030]. The Assessor determines values after analyzing the prior
two years of property sales. The Assessor’s Area Report lists all
the sales the Assessor used to assign value in your area.
FILE AN APPEAL IF COMPARABLE PROPERTIES SOLD FOR LESS
Comparable sales are properties of a similar quality, living area, age
and if applicable, view or waterfront. List comparable sales that support
your request for a value reduction on the petition worksheet. Note any
errors in the description of your property. Provide other documentation
such as pictures, repair bids or geology reports if there are structural
or site problems that would reduce market value.
Don’t miss your deadline. Call our office if you
have questions.
|