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Montgomery County property tax assessments just in: time to appeal?

For many of you, the answer to that question is a definite yes!

If you have just received your property tax assessment in the mail, and are surprised to see a high valuation, its probably time to appeal. There is no reason to pay more taxes than necessary. The tax assessor may be looking at values from two years ago and assuming a continuous rise in property values. So plan to make a written appeal, and if successful, that could save you some bucks.

To do so, you will need to prove that the market value of your property is significantly below the assessed value. I can help you in that process because I can access comparable property sales figures from the last few months which will show the current market value of your property, which is to say actual sales price of similar properties in the same neighborhood.

If you would like such data, in the form of a Comparable Market Analysis, I can provide this to you on a complimentary basis. For properties located in Bethesda, Chevy Chase, Kensington, Rockville or Silver Spring, or any part of Montgomery County, just send me an email, with your property address. Be sure to include a description of the home's condition, list improvements or upgrades you have made, etc, and I will email back with the CMA in a form that you can use for the appeal.

To obtain more information on the appeals process, check out the following web site:

http://www.dat.state.md.us/sdatweb/appeal.html

To download the form needed for the appeal, click here http://www.dat.state.md.us/sdatweb/petitnrv.pdf

I am here to help, so give me a call at 301-575-4915 or email me today!

Posted Tuesday Jun 30
( 07/27/09 11:26AM ) — Dana Hollish Hill, GRI, Associate Broker

Very helpful reminder, Dana. Thanks for taking the time to spell it out so clearly. I will be sure to keep this post handy.


Dana

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