Loudoun County Commissioner of the Revenue Robert S. Wertz Jr. announces that Loudoun County real estate assessments for tax year 2020 are now available online at loudoun.gov/parceldatabase. Printed assessment notices will be mailed to property owners this week.
The assessment notices, which are not tax bills, communicate to property owners the value of their real property as of January 1, 2020, and are reflective of real estate market activity that occurred during 2019. The assessed value together with the tax rate set by the Board of Supervisors in April will provide the basis for real estate tax bills that will be due on June 5 and December 7.
Property owners who believe their assessments are incorrect may file an Application for Review with the Commissioner of the Revenue online at loudoun.gov/reaa by March 6, 2020. Thereafter, appeals may be made to the Board of Equalization until June 1, 2020.
The county’s total taxable real estate increased to $89.9 billion, up 7.6% overall. The typical existing condominium saw the largest average year-over-year increase in value of 8.14% while agricultural parcels 20 to 99 acres declined 9.6%. The average detached, single-family home was up 2.68%. The total value of taxable commercial property in the county came in at $19.6 billion, up 7.43% over 2019. These numbers are only averages and property owners may see changes that are more or less than these figures.
Property owners may communicate with their respective appraiser whose name and contact information is listed on the assessment notice. They may also call the Commissioner of the Revenue’s office at 703-777-0260 weekdays during regular business hours of 8:30 a.m. to 5:00 p.m. or send an email.
The Commissioner of the Revenue’s offices are located at the Loudoun County Government Center, 1 Harrison Street SE in Leesburg and in the Loudoun Tech Center at 21641 Ridgetop Circle, Suite 100, in Sterling. More information about the Commissioner of the Revenue is online at loudoun.gov/cor.
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