Frequently Asked Questions
How is property valued?
State law requires that County Assessors value all taxable property at 100% of it true and fair market value in terms of money, according to the highest and best use of the property. All real and personal property is subject to tax. Recent sales of comparable properties are used to help set values.
What is market value?
The amount of money that a willing and unobligated buyer is willing to pay a willing unobligated seller.
How often does the county appraise my property?
All taxable property in Grant County is reviewed and inspected at least once every four years.
If the house next door sells to an out-of-state buyer for much more than it is worth, will it affect my taxes?
Not necessarily, because a single property sale does not establish the market value for surrounding properties.
Do I have to let the county appraiser come into my house or onto my property?
No, In fact, it is generally not necessary for an appraiser to view the interior
of every home that has been appraised previously. If access is refused,
the appraiser must estimate the value of the property using whatever
information he or she has available. Typically it is advantageous
to the taxpayer to allow interior inspection. RCW 84.40.025
How do I appeal the assessed value?
File a completed appeal petition with the Grant County Board of Equalization by July 1st of the assessment year or within 30 days of when the change of value notice was mailed. Appeal forms are available from the clerk of the Board of Equalization (509) 754-2011 extension 331 or the Assessors office. To appeal a valuation, you must show with facts where the appraiser for the Assessors office has erred in the property assessment. A good first step is to contact the appraiser from the assessors office to discuss your concerns.
Why do property taxes vary throughout the county?
The differences are due to three factors:
- The varying combination of taxing districts in different areas of the county (schools, fire, water districts, etc.).
- The size of the budget for each taxing district
- The amount of voter-approved special levies and bonds.
Grant County has 134 different tax rates
and is the third (3rd) most complex taxing structure
in the State of Washington.
Is it possible to make a "ballpark estimate" of how much the taxes will be on a piece of property that I am thinking about buying (or a structure that I might build)?
The 2008 county wide average tax rate in Grant County is about $12.92823 per $1,000 of assessed valuation,
down from the average tax rate of 1998 of 15.18000. Rates vary from area to area and from year to year, but multiplying the number of thousands of dollars of price or cost by $12.92823 will provide a rough estimate of taxes.
What is the 101% lid law?
The regular property tax levy of a taxing district is limited to 101% of the highest levy since 1985, plus amounts attributable to new construction within the boundaries of the district or annexations to the district.
This limitation was reduced from the 106% limitation
with the I-747 initiative in 2001.
What is the personal property tax?
Business machinery, equipment and supplies are fully taxable, and are assessed
on personal property. Household goods and personal effects are exempt
from the property tax. The personal property tax rate is the same
as the real property tax rate.