since 2007, how much have property values decreased thru 2010 in Ocean Park Washington?

Profile picture for rpavalunas
Having a major disagreement with the state assessor on the true and fair assessed value.   Help.
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February 13 2011 - Ocean Park
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Answers (3)

Profile picture for Paul K Olympia Agent
Most counties have a Board set up for these disputed valuations by their assessors.  Contact a help line atyour county courthouse for direction.  The Board may be slightly overworked - for the last few years.

Good Luck.
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February 16 2011
Profile picture for L Strasberg
I would suggest asking a Realtor to pull recent sales of comparables closed within the last 60 days. Or hire an independent certified appraiser to give you an appraisal of its current market value.  Present the report to your tax assessor.  Another avenue is contact a local title company and ask them to prepare a report of recent sales transactions of identical properties to yours. 

Are you trying to get your property taxes adjusted lower or are you trying to sell the house?
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February 14 2011
Profile picture for SeattleHome.com
The Seattle metro is down about 30% since the peak in July/August 2007.  That's at least a starting point.  I'm not sure about your local Ocean Park market, though.

Keep in mind that these numbers are for "median prices", so they don't mean that every home has lost 30% of its value.  Less high-end homes have been selling, skewing the median down, but your home is likely to have lost over 20% of its value since 2007.
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February 14 2011
 

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