Trending...
- Orchard Audio's New PecanPi®+ DAC and Streamer Feature AKM's Latest Flagship Chips
- Aquia Inc. Joins the AWS Partner Network and the AWS Public Sector Partner Program
- Mercy Street to Host the Largest Opening Day Event in the Organization's 20 Year History
~ On Friday, March 3, the City and Borough of Juneau (CBJ) sent out 2023 property assessment notices to Juneau property owners. The assessments are the Assessor's determination of the fair market value of each property as of January 1, 2023.
The assessments reflect a steep increase in residential property values, with an average increase of 16% over the last year. This is due to a high demand for homes, low supply of new homes, and rapidly rising building costs. The increases range from 10% in the Casey Shattuck (Flats) neighborhood to 21% in the Juneau Townsite (Downtown) and Northeast Valley neighborhoods.
Commercial properties saw a more moderate increase in value, with an overall 6% increase from 2022 to 2023. Sales information continues to be a challenge for commercial assessments; CBJ has confirmed sales information on only 29 out of 52 recorded market transactions in 2022.
More on AkGlobe News
Property taxes are calculated by multiplying your assessed value with the millage rate set by the Juneau Assembly each year. Until then, no one knows exactly what their individual property tax bill will look like.
If you think your property was inaccurately assessed, you must file a petition for review by Thursday, April 3 at 4:30 p.m. Staff are available to assist you in any way to ensure your petition is filed and received; download the petition for review form online or visit juneau.org/finance/assessor-forms for more information.
The CBJ Assessor Office encourages all Juneau property owners to review their assessment notices carefully and contact them at (907) 586-5215 or Assessor.Office@juneau.org if they have any questions or concerns about their valuation. The online Assessor's Database is currently being updated and should be complete by end of day Monday, March 6th with 2023 values reflected on all parcels.
The assessments reflect a steep increase in residential property values, with an average increase of 16% over the last year. This is due to a high demand for homes, low supply of new homes, and rapidly rising building costs. The increases range from 10% in the Casey Shattuck (Flats) neighborhood to 21% in the Juneau Townsite (Downtown) and Northeast Valley neighborhoods.
Commercial properties saw a more moderate increase in value, with an overall 6% increase from 2022 to 2023. Sales information continues to be a challenge for commercial assessments; CBJ has confirmed sales information on only 29 out of 52 recorded market transactions in 2022.
More on AkGlobe News
- Waterleaf International, LLC Announces Hiring of Chief Sales Officer
- EVERWILD Returns To Legend Valley With Lineup Featuring Pepper, Bone Thugs-N-Harmony, and host band Tropidelic
- World's First AI-Generated Satirical News Website Launches, Outperforms Humans in Humor and Intelligence
- Genie Script: 20 Word Script by Wesley Virgin
- Jake Paul Teams Up with The Berman Team, Sponsored by Berman Law Group for charity event supporting Boxing Bullies
Property taxes are calculated by multiplying your assessed value with the millage rate set by the Juneau Assembly each year. Until then, no one knows exactly what their individual property tax bill will look like.
If you think your property was inaccurately assessed, you must file a petition for review by Thursday, April 3 at 4:30 p.m. Staff are available to assist you in any way to ensure your petition is filed and received; download the petition for review form online or visit juneau.org/finance/assessor-forms for more information.
The CBJ Assessor Office encourages all Juneau property owners to review their assessment notices carefully and contact them at (907) 586-5215 or Assessor.Office@juneau.org if they have any questions or concerns about their valuation. The online Assessor's Database is currently being updated and should be complete by end of day Monday, March 6th with 2023 values reflected on all parcels.
0 Comments
Latest on AkGlobe News
- Orbex Introduces Double Profits for New Traders
- Quotehunt.co.uk: Revolutionising the UK B2B Market with Comprehensive Comparison Services for Small Businesses
- Dr. Kelli Ward and Martha Boneta Fain join the advisory board of Legacy PAC , a partner of Veterans for Trump
- 2023 Employee Handbook Templates Now Available
- Mercy Street to Host the Largest Opening Day Event in the Organization's 20 Year History
- The Nashville International Chopin Piano Competition Announces the Alexei Sultanov Memorial Discovery Prize
- Kobie Voted a Top Workplace USA
- Aquia Inc. Joins the AWS Partner Network and the AWS Public Sector Partner Program
- Perfect Body Laser and Aesthetics ® Offers Tetra CoolPeel Co2 Laser Skin Resurfacing
- Databloom's Blossom Achieves Faster and More Efficient Big Data Analytics
- Orchard Audio's New PecanPi®+ DAC and Streamer Feature AKM's Latest Flagship Chips
- Country Artist Ashley Wineland to Release Poignant Ballad 'I'm Going Home'; Announces Her 2023 National Tour
- Jennifer S. Wilkov Finalizes Lineup for the 2023 April Speak Up Women Conference
- Doug Brownridge Joins STS Capital Partners
- CSC Motorcycles Announces New Twin Cylinder 650cc Sport Touring Model
- Cargill joins Selerant on stage at American Food Innovate 2023
- The In-N-Out Burger Financial Planning Story
- Cash Depot Appoints Tony Gaines as Chief Revenue Officer and Brand Ambassador
- Sip Social Co. Partners With Apé Canada For Supply Of Piaggio Apé's
- Eddie Turner is Recognized as the #9 Motivational Speaker in the World By Global Gurus!