Many of you will be receiving property taxes decreases for the next tax year because of the downturn in real estate market values. Your tax bills will be mailed out soon, but you don’t need to wait until you get your bill to see what your home’s assessed value is for the 2009-2010 tax year. To find that value follow these steps:
1. Go to www.assessor.saccounty.net (This is for Sacramento County. Other counties should be similar.)
2. On the home page, under Hot Topics select “Find Your Assessed Value on Parcel Viewer”.
3. After accepting the disclaimer, enter your address then scroll down to net assessed value.
This value is what the assessor believes your home was worth as of January 2009. If you think your home’s market value is worth less than that amount as of that date, you can file a Decline-in-Market Value form and submit it to the assessor by November 30, 2009. This form can be found by:
1. Going to www.assessor.saccounty.net
2. On the home page under Hot Topics select “Request for Assessor Review (Prop 8).
Complete the form by entering your contact and property information and submitting two comparable properties that have sold as close to January 1, 2009 as possible, but no later than March 31, 2009. To find comparables you can:
1. Go to websites like Zillow.com or Realtor.com.
2. Check county recorder’s office.
3. Call or e-mail us and we will be happy to supply you with comps from that time period.
It should only take a few minutes to the find out the assessed value of your home and completing the Request for Assessor Review paperwork is quite simple. Keep in mind that the date for determining your home’s value is around January 2009, not today’s market value. Another thing to remember is this tax decrease is temporary and as the housing market recovers, your property taxes will return to their original taxed value. Take advantage of the reduction and enjoy the savings while they last!
1. Go to www.assessor.saccounty.net (This is for Sacramento County. Other counties should be similar.)
2. On the home page, under Hot Topics select “Find Your Assessed Value on Parcel Viewer”.
3. After accepting the disclaimer, enter your address then scroll down to net assessed value.
This value is what the assessor believes your home was worth as of January 2009. If you think your home’s market value is worth less than that amount as of that date, you can file a Decline-in-Market Value form and submit it to the assessor by November 30, 2009. This form can be found by:
1. Going to www.assessor.saccounty.net
2. On the home page under Hot Topics select “Request for Assessor Review (Prop 8).
Complete the form by entering your contact and property information and submitting two comparable properties that have sold as close to January 1, 2009 as possible, but no later than March 31, 2009. To find comparables you can:
1. Go to websites like Zillow.com or Realtor.com.
2. Check county recorder’s office.
3. Call or e-mail us and we will be happy to supply you with comps from that time period.
It should only take a few minutes to the find out the assessed value of your home and completing the Request for Assessor Review paperwork is quite simple. Keep in mind that the date for determining your home’s value is around January 2009, not today’s market value. Another thing to remember is this tax decrease is temporary and as the housing market recovers, your property taxes will return to their original taxed value. Take advantage of the reduction and enjoy the savings while they last!
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