Real & Personal Property Assessments
Property assessments fall into two categories:
- Real property assessments are for real estate like land and buildings, which are appraised whenever there is a change in ownership or new construction.
- Personal property assessments are for personal items including business property, trade fixtures, watercraft, and aircraft, which are appraised annually.
Supplemental assessments are generated whenever there is a change in ownership and/or new construction. A supplemental assessment reflects the difference between the previous value and new value. Notices of supplemental assessments are mailed to advise the property owner of the new valuation. You must file an application for reduced assessment no later than 60 days from the date of mailing of this notice.
Note: If there have been multiple changes of ownership within the same tax year, the supplemental notice may reflect no change in value for the subsequent transfers, although supplemental taxes or a refund may be due if there has been an increase or decrease in value since lien date, January 1. Supplemental taxes are based on the change in value from lien date to the date of transfer, prorated for your period of ownership.
For More Information
If you have any questions or need more information, please call the Assessor's Office at (530) 283-6380.