Some WA property tax assessments up 50% while home values plunge

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Some WA property tax assessments up 50% while home values plunge
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In some cases, the Dori Monson Show told listeners Thursday, current home sale values estimated by Zillow and Redfin are down about 20% from earlier highs – while tax values have skyrocketed at least 20%.

There are several things to blame for the hit that taxpayers are feeling, explained Wilson.

On top of that, “antiquated” computer systems used by all small and large counties statewide can create a lag time of anywhere from 12 to 18 months.

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