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Originally posted by erumisato
Prolly more than 28% when it comes down to it. Get ready for a bumpy ride. Crashes imminent. Invest long in dune buggies w/ machine guns. And leather eye patches.
Originally posted by imd12c4funn
In the midst of this over-valued property pricing,
Why are some King County property tax assessments going up?
this is crazy
The other is the percentage of the home's actual value the assessor shoots for. Under Hara's predecessor, assessments were based on 85 percent of what the home might actually sell for. Hara is moving that up to 92.5 percent. In addition, the county used to base that on a three year average that could keep the home at a higher or lower number. Hara says he's moved it do a two year average that's more responsive to the actual market conditions. According to Hara, that may be what's accounting for Newbeck's higher tax bill.