Sacramento Appraiser
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Our appraisal company runs www.SacramentoTaxAppeals.com and we are your local source for disputing property taxes in the Greater Sacramento Region. If you are considering contesting your property taxes, this is our process:
1) Contact: Call or email us to let us know what your property address is and a little bit about your property.
2) Discuss: Let’s talk about your situation and if it looks like there is an advantage for you to appeal your taxes. Filing an appeal does not make sense in every case.
3) Decide: Which package works best for you? We offer a “Gold” package at $99.00 and a “Platinum” package at $169.00.
4) Relax: We’ll handle your property tax appeal in a professional and timely manner.
Feel free to reach us by phone at 916-595-3735 or email at LundquistCompany@gmail.com We look forward to discussing your situation and figuring out what is going to best suit your needs and situation.
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Tags: dispute property taxes, how to appeal property taxes in El Dorado County, how to appeal property taxes in Placer County, How to appeal property taxes in Sacramento County, How to contest property taxes in Yolo County, Lowering Property Taxes, Property Values in Sacramento, Sacramento Appraisal, Sacramento Appraiser, Sacramento County Assessor, Sacramento County Property Taxes, Sacramento Decline in Property Value, Sacramento Property Tax Consultant, Sacramento Real Estate Appraisal
Since we are taxed at a rate of up to 1.25% on the total assessed value of our properties, this basically means that for every $10,000 of assessed value you are paying roughly $100. Thus if you purchase a house for $300,000 and the value is $300,000, you will pay roughly $3,000 in property tax per year.
Imagine the following:
Assessed Value $25,000 too high = you overpay by $250 per year
Assessed Value $50,000 too high = you overpay by $500 per year
Assessed Value $100,000 too high = you overpay by $1,000 per year
Assessed Value $150,000 too high = you overpay by $1,500 per year
Assessed Value $200,000 too high = you overpay by $2,000 per year
As I stated in a previous post, my primary residence is currently assesed $35,000 too high and so I am scheduled to pay an additional $350 per year beyond what I should rightfully pay the Assessor. That doesn’t sit well with me. But there are home owners facing much more drastic situations where if they appeal their property taxes, they have a potential to save as much as $500-$1,000+.
Many times local home owners opt out of doing anything to contest their property taxes because they just don’t know what to do. That’s where we come in. We are glad to walk Greater Sacramento home owners through the process of appealing property taxes. We can help you understand what you can do and also what we can do for you. Whether you live in one of the following counties or own property in Sacramento, Placer, Yolo, El Dorado, San Joaquin, Stanislaus, Yuba, Sutter, Solano, or Merced County, give us a call today at 916-595-3735 or email us at LundquistCompany@gmail.com We invite you also to take a look at our property tax appeal website at www.SacramentoTaxAppeals.com
http://www.lundquistcompany.com/blog What are the potential savings you can have on your property taxes in the Sacramento Region?
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Tags: how to appeal property taxes in El Dorado County, how to appeal property taxes in Merced County, how to appeal property taxes in Placer County, How to appeal property taxes in Sacramento County, how to appeal property taxes in San Joaquin County, how to appeal property taxes in Solano County, how to appeal property taxes in Stanislaus County, how to appeal property taxes in Sutter County, how to appeal property taxes in Yolo County, how to appeal property taxes in Yuba County, Lowering Property Taxes, Placer County Property Tax, Sacramento Appraisal, Sacramento Appraiser, Sacramento County Property Taxes, Sacramento Decline in Property Value, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser
The Sacramento County Assessor’s Office has their 2009-10 assessed values up on their website as of today. You can go HERE and search for your house based upon the beginning letter of your street name. If you get stuck in the process, go ahead and give me a call at 916-595-3735.
This is a very important figure by the Assessor’s Office. This can very well determine whether you will be comfortable with their level of assessment or move forward with a property tax appeal. My property, for instance, is still assessed $35,000 too high and that basically works out to me paying $350 too much in property taxes this year. Some residents may be much worse off though unfortunately.
Please see our property tax appeal website at www.SacramentoTaxAppeals.com or you are welcome to call 916-595-3735 or send us an email too at LundquistCompany@gmail.com
http://www.lundquistcompany.com/blog New Assessed Property Values are Available Today (Sacramento County)
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Tags: How to appeal property taxes in Sacramento County, How to Contest Property Taxes in Sacramento Region, How to hire a consultant or appraiser to help lower property taxes, Sacramento Appraisal, Sacramento Appraiser, Sacramento County Property Taxes, Sacramento Decline in Property Value
We have put together a property tax appeal FAQ for local home owners within the Sacramento Region. We hope to answer some of your questions and that you will walk away from this document with a better understanding of the tax appeal process and what you need to know as a home owner. If you would like a copy of “Tax Appeal FAQ for Home Owners” , give us a call at 916-595-3735 or send us an email at the email address below. If you email us, try to remember to type “Sacramento Property Tax Appeal” in the subject line of your email since we don’t want to delete you as SPAM. We can also fax this document to you.
PH: 916-595-3735 EMAIL: LundquistCompany@gmail.com
http://www.SacramentoTaxAppeals.com Tax Appeal FAQ for Home Owners: Get Your Copy Today
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Tags: How to appeal property taxes in Sacramento County, How to context property taxes in Sacramento Area Placer County Yolo County Soloano County San Joaquin, How to hire an appraiser or consultant to get home value, Sacramento Appraisal, Sacramento Appraiser, Sacramento Decline in Property Value, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser
At some point around June 2009 the Sacramento County Assessor’s Office should be mailing a letter to certain households stating that the Assessor has lowered the assessed value on particular homes (if they determined that value declined). Don’t worry, if you are located in Placer, El Dorado, Yolo, San Joaquin, Solano or any other local county, you may also be getting a letter.
Here is the scenario: You purchased your home in the Sacramento Region for $550,000 in 2005 and so you were paying about $6,000 in property tax based upon 1.25% (the maximum percentage in CA). The assessed value of your home was based upon the purchase price which was assumed to be fair market value at the time of sale. Your home has since declined in value over time and the Assessor says your home is now worth $450,000. Thankfully your current taxes get bumped down then to around $5,500 based on the adjusted assessment at $450,000.
This is wonderful news, right? You are happy to save five hundred dollars and the Assessor looks really good too in light of gaining a ton of positive publicity in the media because he has “lowered property taxes”. This should be great cause for celebration, but the only problem is that your home is actually worth somewhere between $375,000 and $400,000 rather than $450,000. In effect, this means that you are paying for $50,000-$75,000 of value that you don’t actually have. In essence, this comes out to paying $500 to $750 out of your pocket each year that you should not have to pay.
This is only a mild scenario. There are home owners in niches of surrounding counties that are paying way more than $500 too much each year because the assessment is off by $100,000-$400,000.
Think about your property tax assessment this way:
- Assessed Value $25,000 too high = you overpay by $250 per year
- Assessed Value $50,000 too high = you overpay by $500 per year
- Assessed Value $100,000 too high = you overpay by $1,000 per year
- Assessed Value $150,000 too high = you overpay by $1,500 per year
- Assessed Value $200,000 too high = you overpay by $2,000 per year
What are your options?
1) Do nothing. Surprisingly, this is often an option that many people choose because appealing property taxes is unfamiliar turf that people sometimes just don’t know how to handle. Or life is busy and this whole process seems like a pain to deal with. But are you comfortable paying even $50 extra per month to the County? What else could you be doing with that extra $500 each year?
2) Pay a minimal fee to me to handle the entire situation for you. I can do all the research, stand before the appeals board on your behalf, make charts and graphs, assess neighborhood trends, and put together convincing evidence for a lowered opinion of value – a true reflection of the real estate market. You have a potential to save a great deal of money each year.
Taxes are a part of life and there is no escaping them, but we don’t want to pay a penny more than we have to. Make sure that you are keeping your hard-earned money in your pockets by paying your fair share of property tax and no more. Please contact me at 916-595-3735 for any details.
http://www.lundquistcompany.com/blog Your Potential Savings vs. The Letter from the Sacramento County Assessors Office
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Tags: How to appeal property taxes in Sacramento County, How to Lower Property Taxes in El Dorado County, How to Lower Property Taxes in Placer County, How to Lower Property Taxes in Sacramento County, How to Lower Property Taxes in Yolo County, Lowering Property Taxes, property tax consultant, Sacramento Appraisal, Sacramento Appraiser, Sacramento Decline in Property Value, Sacramento Home Appraiser, Sacramento House Appraiser, who to hire for contesting property taxes
The “Arden Manor” neighborhood is located off of Watt Avenue just South of Arden Way and West of the “Arden Park” area. The map below depicts the boundaries of what is referred to as ”Arden Manor”. The subdivisions due West, East & South tend to have larger houses and lot sizes and are deemed less comparable to Arden Manor.
The Arden Manor subdivision consists of single-story houses for the most part which range from 2-3 bedrooms typically. Houses usually have a 1-car garage and tend to be between 930-1200 square feet in size (930 and 1081 are two of the most common sizes). There are a number of households with either converted garages or additions. I have appraised quite a few houses in this neighborhood over the years.
Below are two trend graphs to depict sales over the past 36 months as well as current listings in Arden Manor as of today.
If you have any questions regarding “Arden Manor” real estate market trends or have any appraisal-related needs in the Sacramento Region, please give me a call at 916-595-3735 or shoot me an email at ryan [at] lundquistcompany [dot] com. Our company website is located at www.lundquistcompany.com.
http://www.lundquistcompany.com/blog “Arden Manor” Real Estate Market Trends – Sacramento
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Tags: Arden Manor Appraisal, Arden Manor Appraiser, Arden Manor Home Appraiser, Arden Manor House Appraiser, Arden Manor Neighborhood in Sacramento, Arden Manor Real Estate Market Trends, Sacramento Appraisal, Sacramento Appraiser, Sacramento Decline in Property Value, Sacramento FHA Appraiser, Sacramento Home Appraiser, Sacramento House Appraiser, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser
What’s been going on in the “Meadowview” real estate market in Sacramento? Meadowview is an area located in South Sacramento which is bordered by Florin Road to the North, Open Land to the South, Freeport Blvd. to the West, and the Light Rail line to the East. The data and trends below take into consideration the Southwestern portion of the Meadowview area as pictured in the map.
The above area is comprised of mostly single-family detached residences (some duplexes) buit between the late 1950s through the 1970s. There are a handful of properties built in the early 1980s too as well as a newer development within the Southwestern portion of this territory (houses built between 2001-2005).
Let’s take a look at the newer portion of Southern Meadowview:
Meadowview Houses Built after 2000 – Real Estate Market Trends:
- These houses were built between 2001-2005
- 168 sales in past 12 months
- 45 sales in past 90 days
- Median Price in past 90 days: $160,000
- Low Price in past 90 days: $111,000
- High Price in past 90 days: $260,000
- Average of 75 days on market for sales in past 90 days
- 1948 average square feet of living area
- 6 Active listings
- 21 Active Short Sale listings
- 39 Pending listings (median price of $174,900)
Let’s take a look at the older portion of Southern Meadowview:
Meadowview Houses Built before 1999 – Real Estate Market Trends:
- These houses were built mostly between the late 50s to late 70s
- 151 sales in past 12 months
- 54 sales in past 90 days
- Median Price over past 90 days: $62,000
- Low Price in past 90 days: $28,000
- High Price in past 90 days: $130,000
- Average of 105 days on market for sales in past 90 days
- 1192 average square feet of living area
- 9 Active listings
- 15 Active Short Sale listings
- 23 Pending listings (median price of $69,950)
It’s interesting to take a look at the data above and to see such a difference between two portions of the Southern Meadowview market even though they are located within the same general area. But this is true in so many settings and we regularly see a dynamic in real estate where buyers are willing to pay more or less for certain areas depending on location, quality of construction, condition of homes, year built, pride of ownership, the public perception of the area, etc… When comparing the older and newer portions of the Southern Meadowview area in Sacramento, there is a clear difference in median price level, size, and maybe even overall appeal. What else do you notice about the data or graphs presented above?
If you have any questions regarding the Meadowview area of Sacramento or any potential appraisal needs, feel free to see my company website at www.lundquistcompany.com, call me at 916-595-3735 or email at ryan [at] lundquistcompany.com I am available to assist local home owners, attorneys, buyers, banks, mortgage professionals and more.
http://www.lundquistcompany.com/blog Meadowview Area of Sacramento Real Estate Market Trends
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Tags: Decline of Property Value in South Sacramento, Experienced South Sacramento Appraiser, how to hire an appraiser for Meadowview area of Sacramento, order an appraisal in Meadowview area of Sacramento, Sacramento Appraisal, Sacramento Appraiser, Sacramento Decline in Property Value, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser, South Sacramento Appraiser Appraisal Real Estate Appraiser Real Estate Appraisal FHA Appraiser Home Appraiser House Appraiser, South Sacramento Home Values, South Sacramento House Values, South Sacramento Property Values, Southern Meadowview Real Estate Market Trends in Sacramento
I snapped the following shot while inspecting a Beazer property the other day in Rancho Cordova. This type of sign is very typical in many portions of the Greater Sacramento Region for new construction.
In hopes of selling off their inventory, most builders these days use marketing language such as “Foreclosure Pricing” or “Closing Costs Back to You” or “Tax Credits”. Builders definitely have to compete with the foreclosure and short sale properties within the marketplace and so there is quite a different marketing strategy from what we saw just five years ago. Let’s take 2004, for example, the Builders could pretty much command whatever price they wanted (prices went up 10K a month like it was nothing), “upgrades” were quite pricey, and the builder was definitely in control. Nowadays the buyer is in charge, sometimes the “upgrades” are now included as more standard features, concessions and closing costs offered within the purchase price are more normative, and prices have come down substantially in most areas.
What other ads or signs have you seen in the local market?
Tip for the Buyer of New Construction: Make sure that you are paying fair market value for the house you are purchasing. You need to have a reliable appraiser who understands the current market. It’s nice to get closing costs and concessions included within a purchase price, but if the purchase price is padded so greatly with these things, one must wonder if the house is really worth what it is being sold for. For example, if a house is being sold for $325,000 and there are $25,000-$35,000 worth of concessions within the purchase price, maybe the house is truly worth $290,000-300,000. If the house was offered for sale without concessions or closing costs covered within the purchase price, what would it sell for? That’s a good question to ask and it might save you some money in the long run. Obviously though many times the inclusion of concessions and closing costs is what helps the deal get done and assists the buyer’s financing. Even though prices are much lower in California right now, it is still very difficult for the bulk of buyers to put down 20% of the cost of a home (hence the popularity lately of FHA financing programs with 97% loans).
If you have any questions, feel free to call me at 916-595-3735, see my company website at www.lundquistcompany.comor email me at ryan [at] lundquistcompany [dot] com.
http://www.lundquistcompany.com/blog Marketing Strategy of Builders in the Sacramento Region
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Tags: Add new tag, Marketing Strategy of Builders, New Construction Appraisal in Sacramento Elk Grove Rancho Cordova Folsom El Dorado Hills, New Construction Appraiser in Sacramento, New Construction in a Declining Market, New Construction in Sacramento Region, Sacramento Appraisal, Sacramento Appraiser, Sacramento Home Appraiser, Sacramento House Appraiser, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser
Whenever title transfers on a deed, a real estate appraisal is usually needed. Situations like the death of a loved one, inheritance of property, divorce, refinance, estate settlement, and buyout of other persons on title warrant a credible real estate appraisal so that decisions can be made about the property.
Tips for Hiring an Appraiser for a Title Transfer Situation:
- Make sure the appraiser knows the real estate market where the property is located. This is key toward producing a reliable appraisal. It’s okay to ask the appraiser questions about his/her experience.
- Help the appraiser understand why the appraisal is needed. Did you inherit property? Are your elderly parents moving and title is transferring to you? Was there a death in the family? Is there a divorce or break-up in progress? The appraiser is bound to confidentiality and cannot by law share your situation with others.
- Inform the appraiser what type of value is needed. An experienced appraiser will be able to easily figure this out with you in just a couple of minutes of conversation. Is this a market value as of today’s date or do you need an appraisal based upon a previous date? For example, in estate settlement appraisals, it is common for the appraisal to be based upon the date which title was transferred in the past or the date of death of the loved one. This is called a “retrospective value”.
- If you are a home owner working with an attorney and it would be easiest on you for the appraiser to work directly with the attorney, that’s definitely doable. I see it work out either way and I defer to whatever the client needs and prefers.
- Remember that the lowest-priced fees for appraisals usually produce the lowest-quality of work (my fees are very reasonable). The last thing you want is for an unreliable appraisal to get in the way of what you are trying to accomplish with a transfer of title.
If you have any questions about the information above or would like to talk more, feel free to call me at 916-595-3735, see my company website at www.lundquistcompany.com or email me at ryan [at] lundquistcompany [dot] com. I am available to help you in your time of need and I am glad to speak with you about your situation.
http://www.lundquistcompany.com/blog Hiring an Appraiser When Title Transfers (Sacramento Region)
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Tags: Appraisal for Title Transfer, Appraiser Title Transfer, Divorce Appraisal, Divorce Valuation, estate settlement appraisal, estate settlement appraiser, how do I find an appraiser for divorce appraisal?, how do I find an appraiser for title transfer?, how to choose an appraiser for estate settlement, how to choose an appraiser for transfer of title, inheritance appraisal, Inheriting a property and needing an appraisal, Order an Appraisal for Transfer of Title, Sacramento Appraisal, Sacramento Appraiser, Sacramento Home Appraiser, Sacramento House Appraiser, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser
“Anatolia” is a newly-built HOA community in Southern Rancho Cordova located within the 95742 zip code. There are roughly 2000 housing units which have been built since 2005 and construction is still ongoing. Below you will find some of the latest real estate market trends in Anatolia as of today’s date.
The following graphs take the past thirteen months of sales into consideration and are based upon data provided through Sacramento Metrolist.
“Anatolia” in Rancho Cordova Real Estate Market Data:
- 347 sales over past 12 months
- 80 sales over past 90 days
- Average of 26.67 sales per month over past 90 days
- 201 current Listings
- 7.5 months of housing supply currently listed on the market (due to aggressive pricing, this inventory may not necessarily be on the market that long. In fact, the previous 90 days had 8.5 months of inventory and then the six months prior to that had 12.4 months of inventory. It would appear then that right now the inventory is decreasing).
- Median Sales Price over past 90 days: $288,000
- Median Sales Price over previous 90 days: $312,016
- Median current List Price: $275,000
- Median Listing Days on Market: 54
Please feel free to give your two cents, ask questions, or provide any supplementary information or data by commenting above. You are welcome to contact me for additional information and questions too at 916-595-3735 or www.lundquistcompany.com
http://www.lundquistcompany.com “Anatolia” Neighborhood Real Estate Trends in Rancho Cordova
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What’s been happening over the past 30 days in the real estate market in surrounding counties within the Greater Sacramento Region. Let’s take a look below.
Real Estate Data in Sacramento County:
- 1684 sales over past 30 days
- Low Sale: $9,000 (no, that’s not a typo)
- High Sale: $975,000
- Median Price over past 30 days: $165,000
- Sacramento had the lowest-priced sale in the past 30 days out of all the counties in this post.
- There are quite a few houses that sold under $100,000, aren’t there?
Real Estate Data in Placer County:
- 326 sales over past 30 days
- Low Sale: $89,000
- High Sale: $1,120,000 (2 houses over 1,000,000)
- Median Price over past 30 days: $290,000
- A much higher median price in comparison to Sacramento County.
- It’s interesting to see such a price variance from neighborhood to neighborhood or county to county, isn’t it?
Real Estate Data in Yolo County:
- 138 sales over past 30 days
- Low Sale: $47,500
- High Sale: $790,000
- Median Price over past 30 days: $220,000
Real Estate Data in El Dorado County:
- 115 sales over past 30 days
- Low Sale: $100,000
- High Sale: $1,798,000
- Median Price over past 30 days: $335,000
- El Dorado County has the highest median price of all other counties listed in this post.
Real Estate Data in San Joaquin County:
- 1058 sales over past 30 days
- Low Sale: $11,700
- High Sale: $1,140,000
- Median Price over past 30 days: $145,000
- The highest-priced San Joaquin County property sold in Tracy, CA.
- San Joaquin County has the lowest overall median price out of the counties listed in this post.
If you have any insight or see any particular trends based upon this snapshot over the past 30 days, feel free to comment above. Or if you have supplementary information to add or questions about your own neighborhood, speak on. My company provides real estate appraisals in all the areas mentioned above as well as other nearby counties. If you have any questions, give me a call at 916-595-3735 or shoot me an email at ryan [at] lundquistcompany [dot] com.
http://www.lundquistcompany.com/blog Comparing the Past 30 Days of Real Estate Market Trends in Surrounding Counties: Sacramento, Placer, Yolo, El Dorado, San Joaquin
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