It’s time for our 2014 Tax Assessments in Stafford and Spotsylvania Counties again. Properties are reassessed here every 2 years. Many of you in Spotsylvania County have received yours in January. Stafford’s should be out shortly. Spotsylvania’s tax rate is currently $.88/ $100 of assessed value for property taxes. They are proposing $.86/$100. If your home is assessed at $200,000, your tax would be $1720/yr. Home values have risen since 2012 (up approximately 4.25% in Spotsy). To help equalize that increase, the County Supervisors are proposing to decrease the rate slightly. On April 3, there will be a public hearing at Courtland HS. On April 15, the supervisors will approve the budget and tax rate.
2014 Tax Assessments in Stafford are currently $1.07/$100. Stafford will be mailing their assessments out in February. We are seeing Assessments up 8% in Stafford. The median single family home value is up $20,000. To help equalize this increase, County Supervisors are proposing the new rate of $1.01/$100.
Some homeowners may not be happy with the 2014 Tax Assessments in Stafford and Spotsylvania Counties. Our economy is improving and home values are up. If you feel your assessment is not accurate, you can dispute it through an appeal process. You’ll need to compare your neighbors homes and their assessments. You’ll need comps (homes that recently sold nearby with about the same Square Footage) to send in as part of your supporting evidence. I’d be happy to provide you with those. Just contact me with your address and I will email those to you. Appeals are accepted for Stafford in March. You don’t want to miss the deadline or you will have to wait another 2 years for the next assessment. There will be information provided in your new Tax Assessments on how to appeal.
Ginny Vickers REALTOR SFR ABR MRP 540-842-9819
1st Choice Better Homes and Land, LC
1302 Bragg Rd. Fredericksburg, VA 22407
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