SPOKANE COUNTY, Wash. – Spokane County Assessor, Tom Konis announced that his office has begun mailing 213,856 real property valuation notices, today, June 6, 2022.
The assessment of property identified in the notices will be the figure in which 2023 property taxes will be based on. Assessed values of property are provided to the 55 taxing districts as a basis for developing levy rates which are finalized in January 2023 by each taxing district, independently from the Assessor’s Office.
Property assessments reflect the values as of Jan. 1, 2022. Values are determined by analyzing real estate sales in 969 statistical neighborhoods throughout Spokane County.
Assessor Konis stated, “The real estate market for residential properties in our region continues to remain in high demand and property values continue to escalate. Commercial properties have seen a mixture of changes with some sectors still struggling due to COVID-19 related issues and others thriving. This is especially true for multifamily housing and industrial properties.”
The property sales that are used to establish assessed values are listed on the Assessor’s page on the Spokane County website at www.spokanecounty.org/Assessor. To access information about property sales, visit the Assessor website, search parcel information by address or parcel number, and select the sales search function on the tool bar. Once on the site, there is an option for choosing neighborhood sales or comparable sales. As a note, the last three years of sales will display, however recent sales are the best indicator of market value.
For questions about assessments, the best way to contact the Assessor’s Office is by corresponding via the email address that is printed at the top of Assessor’s notice above the valuation information. In addition, the phone number of the appraiser assigned to the property is also listed on the notice.