(Washington, DC) — The Office of Tax and Revenue (OTR) announced that it has begun to mail Tax Year 2018 assessment notices to all real property owners in the District of Columbia. A total of 198,956 taxable and exempt real properties have been reassessed to reflect current market values as of January 1, 2017. Property owners receiving new assessment notices will not be taxed on the new assessed value until March 2018.
The District’s real estate market remains steady as the average increase in residential properties was 5.52 percent. The commercial market also shows value increases of 3.28 percent.
The 2018 Real Property Assessment Notice contains the proposed assessed value for a property, the estimated taxable assessment, and important information related to property tax relief programs such as the homestead deduction and senior citizen tax relief. Additionally, the notice includes the assigned appraiser’s contact information for taxpayers who wish to discuss their assessment.
District property owners who believe their proposed 2018 assessment does not reflect the market value of their property are encouraged to file an appeal on or before April 3, 2017. The appeal process begins when a property owner submits a First Level Appeal Application to OTR. This year, property owners can appeal their assessment online at https://www.taxpayerservicecenter.com/Assessment_Appeal.jsp or they can download the form at http://otr.cfo.dc.gov/page/first-level-administrative-review-application and submit to the following address:
Government of the District of Columbia
Real Property Tax Administration
Attn: Appeals Section
PO Box 71440
Washington, DC 20024
Fax: (202) 442-6796