Some of the 830 property owners who were eligible are already receiving refund checks from the county for the 2005-06 tax year. But what happens if you have sold your eligible Incline property in the meantime? In some cases, the Treasurer's office may already have your new address. However, if they don't, you can give them your new address in two ways:
Call Tammi Davis, Deputy Treasurer at 775-328-2546 or write her with your new address co/o Treasurer's Office, P.O. Box 30039, Reno, NV 89520. Giving the Treasurer's Office this information is the individual property owner's responsibility.
It is the property owner who owned the property during the 2005-06 tax year who gets the refund. However, if the property was sold after that date, the new property owner also benefits because when the Assessor's Office adjusts for 2005-06, adjustments are made for every year forward as well.
As of today, all land values have been adjusted in the Assessor's database and can be searched on the County's website through the Real Property Assessment Data page,www.washoecounty.us/assessor/cama/. The webpage can be searched by entering the Assessor Parcel Number (APN), or by the property address. The new value is identified as the Taxable Land Value and can also be seen on the Taxable Value History page, identified as 2009 BC15. Taxpayers can visit this website to see their adjusted values, or call the Assessor's Office at 328-2233 for this information.
Hard to believe our little people (kiddos) will be out of school again for another week. Do you remember all these holidays when you were a kid? Life was so hard. I didn't have to trudge three miles to school through the snow or anything, but I know we definitely did not have it as good as they do now. For heavens sake...they were off for two weeks at Christmas, long weekend for Martin Luther King, a Week for 'Ski and Skate' week (I got news for you...there is not much to ski or skate on, it's so darn nice outside), and then we will have a week off for Easter. Wow! To be a kid again.
After reading this schedule posted by TahoeKidsGuide.com (Thank you for putting this great schedule together) I would want to be a kid again for sure and take advantage of some of these great ideas. For you parents too that need to work for a living, these are some great ideas to keep them busy, keep your sanity and or your job. Check out what is being offered this week and you can subscribe to the email put out by www.TahoeKidsGuide.com too and get these updates weekly. We love it!
Another week, another similar post, but here is what is happening in Incline Village for last week...
12 New Listings, 5 New Condos, 1 PUD and 5 SFRs. 1 Investment Property re-listed under a new office (same Realtor).
Inevitably there is always one...18 Price changes this week, 17 reductions (they are starting to understand the market) and 1 price increase...perhaps they made an improvement to the property??? I sure hope so. There were 8 Condo price decreases and 1 condo price increase, 4 PUD price reductions and 5 for SFRs.
New escrows were low, but at least there were some, 0 Condo, 1 PUD and 2 SFRs (the bottom of the market to be exact).
There were actually a few sales to report as well...1 Condo, 0 PUD and 3 SFRs. Not too shabby!
Market Rejects continue and inevitably some will re-list. Hopefully most are watching the market and being listed realistically. 8 Condos expired from the market, 3 PUDs and 5 SFRs.
That is it in a nutshell. If you are looking for the real deals, give us a holler or check out the Best Buy List for some ideas.
Numbers are UP for the upper end of the market in Single Family Residences. Apparently the wealthy still have money and know where to spend it as the market over $2Mil in Incline Village did very well this month. Planned Unit Developments and Condominiums continue the typical trend downward.
In standing inventory for Single Family Residences (SFRs) we are currently at 220 homes which is an increase from last year by about 12%, escrows are up by about 29% with 7 new and sales were up from last year by 50% with a total of 6 (Great news for SFRs). Comparing the same to just last month, the numbers change slightly...Inventory is virtually the same, escrows are up by 14% and sales were the the same.
Planned Unit Developments PUDs) are up 13% in standing inventory, holding at about 53 units, escrows are down by -200% since last year with only 2 and sales are down -200% as well with only 1 sale for the month. More of the same if you compare to just last month as well, inventory is up 4%, escrows are down by -50% and sales are down by -100%.
Condominiums are holding at about 144 units, with 5 new escrows and 2 sales last month. This is an increase in inventory over last year by 10%, new escrows are down -80% and sales are down -100%. Comparing to last month, inventory is up by 1%, escrows are up 20% and sales are down by -150%.
The investors don't seem to be snatching up any properties either, with only 3 total Investment Properties on the market, there is not much to choose from, even if there were, it does not seem to be the hot spot in the market. In this category we are down -100% in inventory from last year, down -100% in new escrows and flat with no sales reported in the first month of the year. Comparing to last month, we are up 33% in inventory, flat in new escrows and down -100% in sales.
Still trending downward although we would love to report something different. If you are in denial, like most, just keep reading the statistics...numbers don't lie. Yes, yes, sometimes you can make the numbers do whatever you want them too, but in our case...we are strictly reporting the facts and all of them. To read more, click here...
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