Did You Receive Your Tax Year 2020 Assessment? We’d Like to Hear from You!

Posted By: Kirsten B. Williams, Esq. Headlines ,

The Office of Tax and Revenue (OTR) recently announced that it has begun to mail Tax Year (TY) 2020 assessment notices to all real property owners in the District of Columbia. The District’s real estate market remains steady as the proposed TY 2020 assessment average increase in residential properties (Class 1) was 4.23 percent, up from last year’s 3.33 percent. The commercial (Class 2) market also shows value increases of 2.42 percent, down from last year’s 3.29 percent. The TY 2020 real property assessment notice contains the proposed assessed value for a property as well as the estimated taxable assessment. In addition, included on the notice is the assigned appraiser’s contact information for taxpayers who wish to discuss their assessment.

District property owners who believe their proposed TY 2020 assessment does not reflect the market value of their property are encouraged to file an appeal on or before April 1, 2019. As a reminder, property owners can appeal their assessment online by visiting otr.cfo.dc.gov under the “Real Property” tab.

As we continue our dialogue with the Office of Tax and Revenue to examine ways to improve the District’s real property tax assessment and appeal processes, it is imperative that we hear from you about your assessments so we can identify additional changes to improve the commercial real property assessment process.

 

Property owners can access the following documents here:

2020 Base Change Commercial (Class 2) 
2020 Commercial Change Map by DC Ward