Tax Question (Spokane, Snohomish: houses, taxes, prices)

[Deena160]

We've received our accessor's notice from Snohomish County this week. Our home's value dropped CONSIDERABLY(about 16.5%). So, a few questions: Are the Spokane area's assesements done yearly as well and if so, have your values dropped a lot, too? Will the lower assessements cause the housing prices to lower more, or are they just catching up to what the market has already done? Thanks, :~) D

[RetiredChef]

All of our prices have dropped but my assessment went up, by $ 9170. Spokane County is ridiculous on their assessments and they make it almost impossible to win and appeal. I appealed last years and had a certified appraiser using multiple comps show that my house was worth about $ 70,000 LESS and we still lost. And you can't appeal and appeal without jumping through major hoops. On their website they brag that only a couple of people have 'ever' won an appeal.I don't think assessments have anything to do with prices of houses. We sold a house in CA 5 years ago that was assessed at just under 300K yet it sold for 647K

[Deena160]

It's not like they'll probably drop our taxes significantly! Even if they do drop them, they'll figure out some other way of getting their pound of flesh.
It'll be the "$30" car tabs all over again. I got my new $30 tabs the other day--I think they finally cost me $78 after all the fees and crap were added on. :~/ D