Property owners can now access their Loudoun County real estate assessments for tax year 2017 online.
This year, the county’s total taxable real estate portfolio increased to $72.6 billion, up nearly 5 percent overall.
The assessment notices, which are not tax bills, tell property owners the value of their real property as of Jan. 1, 2017 and are reflective of real estate market activity that happened during 2016.
The typical existing single family townhome saw the largest average year-over-year increase in value of 1.46 percent. Meanwhile, residential parcels of one to 20 acres without public water/sewer or both, declined by 0.26 percent.
The average detached single-family home was up 0.87 percent. The total value of taxable commercial property in the county finished at $14.3 billion, up 1.48 percent over 2016.
The county noted that the numbers provided are “only averages” and property owners may see changes that are more or less than the figures provided.
The assessed value together with the tax rate that will be set by the Board of Supervisors in April will provide the basis for real estate tax bills due on June 5 and Dec. 5, 2017.
Property owners who believe their assessments are inaccurate may file an application review with the commissioner or revenue online at http://www.Loudoun.Gov/Reaa
by March 6.
After that, appeals may be made to the Board of Equalization until June 1, 2017.
Property owners can also communicate with their respective appraiser whose name and contact information is listed on the assessment notice or call the commissioners office at 703-777-0260 weekdays during regular business hours, or email the commissioner’s office.
The commissioner of the revenue’s offices are located at the Loudoun County Government Center, 1 Harrison St., S.E. in Leesburg and in the Loudoun Tech Center at 21641 Ridgetop Circle, Suite 100, in Sterling.