Government

Deadline Approaching for Property Assessment Review

If you think your home isn’t worth what it used to be, you may be able to get it reassessed and lower your tax bill. And now is the time to act.

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If you think your home isn’t worth what it used to be, you may be able to get it reassessed and lower your tax bill. And now is the time to act.

The County Assessor reminds property owners that the deadline to request a review of the assessed value is April 30, 2012.  This year, the application for an Assessment Review can be submitted online.  It is a self-explanatory form that does not take a lot of knowledge about the law, only an understanding of the current market value of your home.

Property owners who believe their property’s market value as of January 1, 2012 has dropped below its current assessed value can request the review before this year’s bill is issued. You can reference the assessed value on your property by looking at your 2011-2012 tax bill.

If you were granted a reduction last year – as more than 200,000 taxpayers were – you do not need to apply again this year as the assessed value last year will automatically be reviewed.

You can find more information on sdarcc.com or by calling (858) 505-6262. You can also call to receive a paper version of the form.