It’s that time of year, argh! Property Taxes.
Unhappy with your property tax bill? Confused by all of the numbers, that do not seem to apply to your home? Should you file for a property tax appeal? RMV, assessed value, help! Get an Oregon Certified Appraiser, Nathan Bernhardt, tax appeal appraisal expert, to provide clarity as to your actual property value.
Give Nathan a call today!
We are familiar with the terms and timelines for the tax appeal appraisal process.
The guidelines and process for appealing your property taxes are specific across the state, though each county has variations in the time the appeals will be heard and other particulars. Generally, to be successful in your appeal, you must provide evidence of the MARKET VALUE of your property on January 1, 2013, the date the assessor used to establish the real market value of your property.
Below are examples of the types of evidence you might use to convince the board the value of your property should be reduced to the value you are requesting.
- Documentation of a recent arm’s-length sale of the property.
- A fee appraisal of your property dated close to January 1 of the assessment year.
- Proof that the property has been listed for sale on the open market for a reasonable period of time at a price below the real market value on the tax roll.
- A comparison of properties similar to yours in location, size and quality that sold near the valuation date of January 1 of the assessment year and are adjusted for differences
- Cost of new construction that occurred close to January 1 and was performed by a professional contractor.
- Cost to repair your property. You should provide written estimates of the cost of the repairs.
- For business property, provide documentation of income and expense information, cost of the asset and/or a comparison of similar properties that sold near the valuation date of January 1
You can appeal the real market value, specially assessed value or assessed value of your property. The Board of Property Tax Appeals can only hear appeals of the current tax year values. The Board does not have authority to consider appeals for any other tax years.
If you are appealing principal or secondary industrial property (including personal property) that is appraised by the Department of Revenue, you must file your appeal directly with the Tax Court.
Get Help Today!
Nathan Bernhardt of Bernhardt Calibrated Appraisal has the experience and knowledge to ease this process and navigate you through. Give Nathan a call! 503.349.3765