Reply to Montgomery County property valuations for tax assessments

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[quote=Anonymous][quote=Anonymous]We just received our latest county property value assessment for taxation purposes. We have lived here for many years at around the same valuation. It suddenly jumped 50% so our already hefty property taxes will sky rocket.

Has anyone else experienced something similar and successfully challenged the valuation?

TIA[/quote]

Yes, last year everyone on my street who was up for an assessment got a ridiculous assessment. Ours went up 47%. County-wide the assessments went up 20%. They were saying my 40 year old home was valued the same as what the brand new 2024 development of larger luxury homes behind my house were selling for. Absolutely nuts. The comps they gave us were completely inappropriate -- they were saying our home was worth slightly more than a larger newer home 15 minutes closer to DC in Wooton in Potomac (we were in Northwest and Germantown). And for no discernible reason whatsoever, worth 300k more than similarly sized and age homes near us that they used as comps.

We appealed through the website. They rejected us with no explanation. We found out from some neighbors who went through the process that the best course of action was to go in person to the hearing. I think they must give the folks who do this instructions to over-inflate and deny written or website appeals. They can't raise tax rates and need the money, so they give out ridiculous assessments and force you to go through the trouble and hope you don't know what you are doing. It's a pain, but we got results. By the end of the hearing, the state lawyer was pretty much forced to agree with us and then tried to argue that the comps the state provided were not appropriate because I could actually show that they supported a lower assessment (LOL). Whoever was responsible for assessing our neighborhood last year screwed up big time. While we didn't get the number we argued for, it was FAR less than what the state wanted, and we saved $1k on our yearly property taxes.

I highly doubt yours actually went up 40%. From 2022 to 2025, the market went up 17 to 20% across the county and assessments with it. The market has actually cooled this past year. If you can show the comps from recent sales that support a lower number (closer to a 20% increase), absolutely fight it and take your appeal to the hearing.[/quote]

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