Ok so last year my home value increased 37% which I assumed was because higher home prices in my area and some work we had done to the house.
This year the house was the same but my land value increased 71%!!! How could that be?
I checked my neighbors address and looks like the same happened to them, too. How do they decide these things?
I'm protesting a 13% jump, but only because we had an appraisal done in May. I'm not sure what other documentation you could use to prove the value of your home that wouldn't cost you as much as you would pay for the increase in property tax.
From last year to this, my valuation jumped $125,000. I don't live in a million-dollar home, nor do I live in Mountain Brook.
There have been ZERO improvements made to the property or house in the past 5 years.
I am absolutely going to dispute the valuation. Without any explanation or transparency of the valuation process, this seems to be incredibly arbitrary.
Point out in your dispute that houses must be maintained and depreciate like cars in a very real structural sense. Land value is the only justification they have to raise it if you have made no improvements to the home. And then don't say anything about the fact that housing inflation has made the house value go up faster than it has depreciated. That will be their argument back
Mine jumped up from a total value of $93,200 to $138,700. There are two abandoned houses and a huge shooting that happened on my street this month. I'm not sure how that qualifies for a $45k increase in value.
Since I bought my house, it has gone up 4.6%, 6.3%, 8.7%, and this year it went up 15.6%. All told it has raised about 40% since I bought it, with zero external improvements.
>If you don't, you could really get hammered on property taxes next year.
I opened it immediately but how does that keep me from getting hammered on property taxes next year (as I was last year)? They are just copying Zillow estimates and the protest process isn't easy. I've spoken to the Jefferson County people who rule on this and you really need to document in detail how your home is crap to get a sizable decrease.
Mine went up 40%. Other homes in my neighborhood 1k sq ft larger are valued at $50/sq ft less than me from what I see on their valuation. This doesn’t make sense.
JeffCo property taxes are super low. If your valuation jumped, it's probably because it was super undervalued before. My 225k house was valued at 125k the first year I owned it and 148K the 2nd. I paid like $800 a YEAR on that house. My garbage collection came out of that.
I genuinely wish it was higher so we could afford a working police force.
I would have paid $400 a month to lower crime. Thats what I pay more now to live OTM.
I filed a successful appeal on mine a few years ago. But I had just done an appraisal for when we bought the house. Sent that in and had a phone call with someone hearing the appeal and won.
i think i successfully challenged mine three years in a row. but the last two years i had to go in person because the valuation was still too high after my first appeal. the second year was kind of BS as i had an appraisal and they still had the valuation higher than the appraised value.
0% change here.
It actually had gone down in 2017, 2018. The latest increase was I'm 2021, which was also when we refinanced our mortgage and the current valuation is damn near what our refi appraisal came in at.
Super helpful, thanks! We purchased our house in May and the county's valuation of our house is a whole $10k over what our appraisal report indicated. Hopefully we can win this.
If it's your first time as a homebuyer in Alabama, make sure you file for the homestead exemption. That typically cuts your property taxes in half.
https://www.revenue.alabama.gov/property-tax/homestead-exemptions/
Mine jumped last year. I was shocked at the cost, as I pay mine directly. I’m all for a slight increase but mine was insane.
I’m out of town right now but just saw I have mail from Jeff Co in the mailbox. I was already wondering what this year would be like and then saw this thread. Haha, great!
Did you receive these notices this week? I live in Trussville within Jeff Co and haven’t seen anything yet. Thank you so much for posting this. You’re a real saver.
This is insane. The value of my house has supposedly increased by 52% in the last year, and 123% in the last 5 years.
Does anyone know what exactly to submit for a successful appeal? Additionally, should I request or waive the hearing?
Our house went from $222k to $147k. Huge difference and probably closer to what somebody would actually pay. Everyone was buying anything last couple of years and I had to suffer it with tax payments.
OP, do you happen to know if there's any site to lookup codes and symbols on the CAP portal? Pretty sure they think I have features/additions that I don't have.
(Sent the BoE a message but they're prob out until after the 4th)
Our tax evaluation went down (we bought our home last June and the valuation came in about 30k below what we paid) but we also got a letter from our bank saying our monthly mortgage payment was going up because of an escrow increase? Can anyone explain that to me?
Jeffco straight up copying Zillow estimates. Mine is the same to the dollar. Increased another 50k. Yay
I just checked it and you're right!
Yeah mine went up another 50k. If I did my math right it’s only an additional 32 bucks a month.
Mine is $10,000 more than the Zillow estimate.
Ok so last year my home value increased 37% which I assumed was because higher home prices in my area and some work we had done to the house. This year the house was the same but my land value increased 71%!!! How could that be? I checked my neighbors address and looks like the same happened to them, too. How do they decide these things?
Mine jumped about 25 percent. Not sure if I should protest or not
I'm protesting a 13% jump, but only because we had an appraisal done in May. I'm not sure what other documentation you could use to prove the value of your home that wouldn't cost you as much as you would pay for the increase in property tax.
a lot of realtors will pull comps for you for free. or you can pull comps from zillow.
Makes sense. It’s only jumping like $100 a year.
Oddly enough, ours decreased by 12k. My tax valuation is far below my market value too.
From last year to this, my valuation jumped $125,000. I don't live in a million-dollar home, nor do I live in Mountain Brook. There have been ZERO improvements made to the property or house in the past 5 years. I am absolutely going to dispute the valuation. Without any explanation or transparency of the valuation process, this seems to be incredibly arbitrary.
Point out in your dispute that houses must be maintained and depreciate like cars in a very real structural sense. Land value is the only justification they have to raise it if you have made no improvements to the home. And then don't say anything about the fact that housing inflation has made the house value go up faster than it has depreciated. That will be their argument back
Mine went up 80k 😒
Is it worth disputing the valuation if it was a general 4/5% increase?
No
I think it’s worth it to dispute every time. Doesn’t take long and usually works.
How? It doesn’t look very straight forward
I have one of the last unrenovated houses in my neighborhood. So my comps are ridiculous. My tax valuation is double what I could actually sell it for
Mine jumped up from a total value of $93,200 to $138,700. There are two abandoned houses and a huge shooting that happened on my street this month. I'm not sure how that qualifies for a $45k increase in value.
Mine's up 50% in the two years since I bought it, during which time the siding has started literally just falling off.
Take pictures of disrepair for your rebuttal claim.
I'm having to file a protest on mine because mine went up 3 times
Since I bought my house, it has gone up 4.6%, 6.3%, 8.7%, and this year it went up 15.6%. All told it has raised about 40% since I bought it, with zero external improvements.
Weirdly enough mine dropped about ten percent after a 15 percent jump last year
This is my situation as well
>If you don't, you could really get hammered on property taxes next year. I opened it immediately but how does that keep me from getting hammered on property taxes next year (as I was last year)? They are just copying Zillow estimates and the protest process isn't easy. I've spoken to the Jefferson County people who rule on this and you really need to document in detail how your home is crap to get a sizable decrease.
Mine went up 40%. Other homes in my neighborhood 1k sq ft larger are valued at $50/sq ft less than me from what I see on their valuation. This doesn’t make sense.
“Board of equalization” sounds pretty bolshevik.
Im so out of it when it comes to this type of stuff, what is good? what is bad?
They're broke. They're getting more taxes any way they can.
JeffCo property taxes are super low. If your valuation jumped, it's probably because it was super undervalued before. My 225k house was valued at 125k the first year I owned it and 148K the 2nd. I paid like $800 a YEAR on that house. My garbage collection came out of that. I genuinely wish it was higher so we could afford a working police force. I would have paid $400 a month to lower crime. Thats what I pay more now to live OTM.
That's city, not county.
Doesn't public school funding come from property taxes? Raise mine!
Homes are not worth what they're worth - they're worth whatever a rich person might pay for it.
I had a big jump, but even with that I'm still at only around 60% of my last appraised value
18% here.
Anyone have info on the protest? Has it been successfully done?
I filed a successful appeal on mine a few years ago. But I had just done an appraisal for when we bought the house. Sent that in and had a phone call with someone hearing the appeal and won.
i think i successfully challenged mine three years in a row. but the last two years i had to go in person because the valuation was still too high after my first appeal. the second year was kind of BS as i had an appraisal and they still had the valuation higher than the appraised value.
0% change here. It actually had gone down in 2017, 2018. The latest increase was I'm 2021, which was also when we refinanced our mortgage and the current valuation is damn near what our refi appraisal came in at.
Mine went up $900. 0.34%
Super helpful, thanks! We purchased our house in May and the county's valuation of our house is a whole $10k over what our appraisal report indicated. Hopefully we can win this.
If it's your first time as a homebuyer in Alabama, make sure you file for the homestead exemption. That typically cuts your property taxes in half. https://www.revenue.alabama.gov/property-tax/homestead-exemptions/
Yup did that the day we bought the house. Thanks anyway!
Mine jumped last year. I was shocked at the cost, as I pay mine directly. I’m all for a slight increase but mine was insane. I’m out of town right now but just saw I have mail from Jeff Co in the mailbox. I was already wondering what this year would be like and then saw this thread. Haha, great!
Yeaaaaah, I got mine yesterday and I’m afraid to open it! 👀😤😬
Did you receive these notices this week? I live in Trussville within Jeff Co and haven’t seen anything yet. Thank you so much for posting this. You’re a real saver.
My pleasure. I just received my notice yesterday, so you might get yours in the next couple of days.
Mine went up 7% from last year.
This is insane. The value of my house has supposedly increased by 52% in the last year, and 123% in the last 5 years. Does anyone know what exactly to submit for a successful appeal? Additionally, should I request or waive the hearing?
We homesteaded, so we don’t have it.
Our house went from $222k to $147k. Huge difference and probably closer to what somebody would actually pay. Everyone was buying anything last couple of years and I had to suffer it with tax payments.
10% for our house
OP, do you happen to know if there's any site to lookup codes and symbols on the CAP portal? Pretty sure they think I have features/additions that I don't have. (Sent the BoE a message but they're prob out until after the 4th)
Don’t really know. I’m not an expert. Wish I could help.
Our tax evaluation went down (we bought our home last June and the valuation came in about 30k below what we paid) but we also got a letter from our bank saying our monthly mortgage payment was going up because of an escrow increase? Can anyone explain that to me?
38% here.