Sacramento Property Tax Appeal
Sacramento is one of the fastest-declining areas in California, experiencing a shift in the housing market. As more home owners look to purchase a home while interest rates are so low, real estate prices have risen substantially since the real estate "boom" in 2020 to mid 2022. We have noticed that in many situations values have decreased in the last year leaving many property owners soon to be overpaying property taxes.
In Sacramento County, this creates an opportunity for property owners to save money on property taxes.
Contact our Sacramento County property tax experts at AOPTA The Property Tax Experts to learn how to file your tax appeal.
The Sacramento County Appeal website states that the filing season runs from July 2 to November 30.
In other words, you will file your 2023 tax appeal between July 2 and November 30. It takes about 1-2 years for the appeals process to be completed, and you must pay your property taxes every year on time.
Your county will refund the difference between what you paid and what you now owe as a result of the appeal you just won.
It's critical to remember that the county will only consider certain information when determining value, like closed sales and leases.
For comparison purposes, certain information must only be used for a certain period of time. You can contact AOPTA The Property Tax Experts if you have questions about the process. Regardless of how complex a property is, we can handle it.
In a "base year" appeal, you are appealing the purchase price of a property or a transfer due to refinancing or partial ownership change. The price paid for a property may be higher than its market value in certain circumstances. You can file a base year appeal in these cases, but there are time limits.
If the assessor sent a "supplement" bill, it would be a "supplemental" appeal. In most cases, supplemental bills relate to additions to construction or reassessments for other purposes. A supplement appeal must be filed within a certain timeframe.
In any of these cases, AOPTA The Property Tax Experts can help you determine whether it is in your best interest to appeal.