king county property taxes: Property Tax Assessments - 03/25/11 12:41 PM
I get a lot of questions about property tax assessment valuations. The King County Official Property Value Notices start coming out in April and you have only 2 months from the date of receipt to appeal your taxes, so let me give you an idea of how that works.
Here's how property valuation is calculated:
King County establishes a land value, which the state requires them to value as if it is vacant.
Then they use different methods (Market (comparable sales), Cost (reproduction or replacement cost, less depreciation) or Income (income or capitalization of economic rents) to analyze total market value … (2 comments)

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Kate Pedersen

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