Change of Value Notices
The Change of Value Notices for the assessment year 2021 were mailed on October 1st. If your appraised value did not change from the prior year, you will not receive a Change of Value Notice.
By State law, the Assessor is required to value property at 100% market value. The Assessor's Office analyzed 710 real estate transactions that occurred between January 1st, 2020 and April 30th, 2021. Your market value reflects the real estate market as of January 1st, 2021. For properties with new construction, your market value is effective as of July 31st, 2021.
Below are highlights of the 2021 assessment year:
- The total assessed value for San Juan County increased more than $946 Million over last year, including $114 Million in new construction value.
- The on-site inspection cycle included 3,074 properties on the north part of San Juan Island, and all of Stuart, Johns, Henry, Pearl and Spieden Islands, with 809 additional inspections for new construction county-wide
The Change of Value Notice is not a tax bill. An increase in value does not mean that next year's property taxes will increase at a proportionate rate. The 1% Property Tax Limitation works to protect taxpayers. Tax rates will be available by mid-January 2022.
|Disagree with your Value?|
If you do not agree with the value of your property, please do the following: