Anonymous
Post 01/01/2022 10:55     Subject: MoCo tax assessment

Mine went up .5%, which was shockingly low.
Anonymous
Post 01/01/2022 10:27     Subject: MoCo tax assessment

Mine went up about 10 percent over the next three years. But the assessed value seems lower than what I would likely get if I sold. I’ve lived in my house 10 years, so no recent sales figure.
Anonymous
Post 01/01/2022 10:07     Subject: Re:MoCo tax assessment

Ours went up almost 60% but still about 200k less than we paid for it last spring. Does that mean my tax bill will be 60% more?
Anonymous
Post 01/01/2022 09:51     Subject: MoCo tax assessment

I appealed in 2020 and they never even responded. Read the fine print if too busy they don’t even respond.
Anonymous
Post 01/01/2022 09:07     Subject: MoCo tax assessment

Anonymous wrote:
Anonymous wrote:Ours was very reasonable this year. Last time around, it was absurd, and we appealed and won.

Appealing is easy, just find the best comps and be prepared to explain why your new assessment is over market value.

Really?
I appealed and it was a waste of time. The comp has to be a property with the same floor plan code and that was sold in the last year.
It doesn't help to compare your assessment to neighbors, who purchased their property 10 years earlier and are paying 1/3 of what you are


The comp doesn't have to be the same floor plan, but does need to be sold within the past year (6 months is better), in the same neighborhood, and in generally the same condition. Helps to be as similar as possible to yours, but just look for the closest few.

For us, it was easy to get 4-5 comps that were very similar to ours. For other homes in other neighborhoods I recognize that would be a harder task.
Anonymous
Post 01/01/2022 08:40     Subject: MoCo tax assessment

Anonymous wrote:
Anonymous wrote:Ours was very reasonable this year. Last time around, it was absurd, and we appealed and won.

Appealing is easy, just find the best comps and be prepared to explain why your new assessment is over market value.

Really?
I appealed and it was a waste of time. The comp has to be a property with the same floor plan code and that was sold in the last year.
It doesn't help to compare your assessment to neighbors, who purchased their property 10 years earlier and are paying 1/3 of what you are


What does “floor plan code” mean? I can only assume in my case that the comps they used were similar houses in different (more desirable) parts of the area. There are no houses anywhere with the same floor plan.
Anonymous
Post 01/01/2022 03:21     Subject: MoCo tax assessment

Anonymous wrote:Ours was very reasonable this year. Last time around, it was absurd, and we appealed and won.

Appealing is easy, just find the best comps and be prepared to explain why your new assessment is over market value.

Really?
I appealed and it was a waste of time. The comp has to be a property with the same floor plan code and that was sold in the last year.
It doesn't help to compare your assessment to neighbors, who purchased their property 10 years earlier and are paying 1/3 of what you are
Anonymous
Post 01/01/2022 02:29     Subject: Re:MoCo tax assessment

We also got our assessment yesterday and it is ridiculous and no way our house would sell for that price.
Anonymous
Post 01/01/2022 01:59     Subject: MoCo tax assessment

Ours was very reasonable this year. Last time around, it was absurd, and we appealed and won.

Appealing is easy, just find the best comps and be prepared to explain why your new assessment is over market value.
Anonymous
Post 01/01/2022 00:40     Subject: Re:MoCo tax assessment

Got ours today- it went up but a bit less then we paid in 2020 and based on comparables would sell for 200k higher now.
Anonymous
Post 12/31/2021 23:26     Subject: Re:MoCo tax assessment

Anonymous wrote:Ours went up 44%, but we just bought in June. It assessed for $20k less than we paid and $30k less than our appraisal.


In that case yours was spot on. This is the OP. Ours already accurately reflected the most recent purchase price and now it’s up 40 percent, even beyond the most aggressive possible sales price.
Anonymous
Post 12/31/2021 22:17     Subject: Re:MoCo tax assessment

Ours went up 44%, but we just bought in June. It assessed for $20k less than we paid and $30k less than our appraisal.
Anonymous
Post 12/31/2021 21:56     Subject: MoCo tax assessment

Not for our house in Bethesda. If anything, it's a little low given the soaring prices in our area.
Anonymous
Post 12/31/2021 21:51     Subject: MoCo tax assessment

Appeal it.
Anonymous
Post 12/31/2021 21:45     Subject: MoCo tax assessment

Just got ours and it’s up 40 percent. House prices are crazy but there’s no way we could sell our house for the new assessed value. Has anyone else had such crazy high jumps? Or tips on appealing? It’s going to be hard to find directly comparable comps.