Property assessments for 2015 in the Idyllwild area are 3.3 percent greater than last year, according to Riverside County Assessor’s Office. The $765.6 million valuation is the greatest ever recorded for Idyllwild.
Last week, Assessor-County Clerk-Recorder Peter Aldana announced that property values for the whole county were assessed at $242.7 billion, a 5.8-percent increase from last year and the highest total assessment roll since 2008.
“This is the third consecutive year of growth and we are nearing our peak assessment roll of $242.9 billion in 2008, a good indicator of a steadily appreciating real estate market,” Aldana said.
Property owners whose assessment increases under Prop 8 will receive a notice from Aldana in their regular 2015-16 tax bills, which will be sent in October by Treasurer-Tax Collector Don Kent, according to the county’s press release.
Beginning in mid-July, Riverside County property owners will be able to view their 2015-16 roll value online at www.riversideacr.com. Properties can be searched by address or parcel number.
Property owners who disagree with their property’s assessed value may file a free decline-in-value application online. Applications are due by Nov. 2 and are available at www.riversideacr.com.
Property owners disputing the value set by the Assessor’s Office may file an appeal with the Riverside County clerk of the board until Nov. 30. An application to appeal a changed assessment is available on the clerk of the board’s website at www.rivcocob.com.
For more information, visit www.riversideacr.com or call 951-955-6200 or toll-free 1-800-746-1544.