A friend of mine mentioned that he missed the deadline to appeal his property tax assessment last year, so I thought that I'd take this chance to remind my readers about the dates.
The Santa Clara County assessor’s office is one of 10 in the state that mails assessment notification cards to homeowners early every year. This year the cards will be sent out to 465,000 property owners on June 23.
Larry Stone, the county assessor, has said that last year his department reduced the value of 98,000 properties, which took a total of $19.3 billion off the county’s assessment rolls. He believes most will carry over this year, and an additional 30,000 to 40,000 properties will be placed on Proposition 8 temporary assessment relief status, as well.
Homeowners should wait until they receive their notification card before asking for an informal review or appeal. In the meantime, they can gather information regarding the value of their home based on values at the beginning of the year.
Remember, in accordance with Proposition 8, the market value of a property has to drop below the assessed value before a homeowner can seek a property assessment reduction.
Once homeowners receive their assessment notification card, they have until August 15 to seek an informal review. Homeowners can do this online by going to www.sccassessor.org. Homeowners have between July 2 and September 15 to file a formal appeal, and requests for appeals will not be considered after the deadline.
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