From 1999 to 2009, the number appeals filed for reductions in assessed value for properties in San Francisco averaged 1,500, hitting 2,257 in 2003 and peaking at 2,476 in 2009. Over the last three years, the number of appeals has averaged 6,357 with 6,399 appeals filed for the 2011-2012 fiscal year.
There is currently a backlog of 7,729 cases yet to be closed with a total of 5,563 cases processed last year.
While down from a 24.5 percent increase in 2010, and a 16.4 percent increase in 2011, the average value of a one-year reduction in assessed value increased 3 percent in 2012 according to the Assessor-Recorder’s office.
A plugged-in reader with a history of successfully appealing offers some guidance and a little known tip to save another thirty bucks. Once again, the deadline for filing an appeal is this Monday.
∙ Deadline For Appealing Assessed Values In San Francisco Nears [SocketSite]