Property Tax Assessments and Appeals
Monthly Newsletter from New Dawn Realty
Property Tax Assessments and AppealsÂWell, it’s that time of year again. And I’m receiving so many messages about current assessments and how to appeal them.The Value of your home is deemed by the assessor with this formula: Actual Value x Tax Rate= Assessed Value Assessed Value x Mill Levy= Taxes Due The assessment Process:Every odd year the county assessor sets the value of your property based on market sales that occurred in the prior 24 months.  The current value of your home doesn’t matter. The key for this year’s assessment is finding the closest comparables to June 30, 2022. What you’ve received is a notice of value. You can view what comps the assessor used on their website (for your specific county). Note: The Assessor is not determining taxes at this point, just the new assessed value (The new mill levy won’t be decided until December).   If you decide to protest your assessed value:Â
- Appeal to the assessor by June 8th. The form is found on your specific county assessor’s website.
- Apply online.
- Send comps and the source you got them from.
- County’s decision of your notice of value will be sent in August.
- You can appeal a second time before September 15th to the board of equalization if your value was not changed. And a third appeal can be made to the county district court.
     Please remember, I’m always here to serve you and your referrals.Happy Memorial Day weekend.Dawna Â
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