Lucas County Property Revaluation Assistance Sessions in Maumee

Oct 02, 2024, 1:10 AM
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Hey Toledo homeowners, got questions about your property value? Head over to the Maumee Senior Center on October 2nd, 3rd, and 4th for some hands-on help from the Lucas County Auditor's Office. They're there from 9 AM to 7 PM to help you file informal property value reviews and answer any questions you might have about the 2024 revaluation.

Every six years, the Auditor's Office updates property values, and guess what? It's that time again! Lucas County is currently undergoing its property revaluation, and notices along with tentative property values have been mailed out to all property owners in the county. If you haven't received yours, check out the Lucas County Auditor’s AREIS Online website for the latest info.

These review sessions are aimed at making the revaluation process as smooth as possible for homeowners. While no appointment is required, it's a good idea to file a property value review online before attending. This will help you avoid long wait times at the event.

Here's a bit of backdrop: By law, property valuation in Lucas County happens twice in a six-year cycle—first a Revaluation, then a Triennial three years later. The last Revaluation was in 2018, and 2021 was the most recent Triennial. Now, the 2024 tax year will see the next revaluation.

The 2024 Revaluation involved a physical examination of every residential, commercial, and agricultural parcel in Lucas County. Officials took updated photos of each property for the county's public webpage and used new satellite imagery to inspect features.

If you've made any big changes to your property—like major renovations or additions—it's crucial to get your property value reviewed. The revaluation ensures sudden value changes in neighborhoods are equalized, considering improvements, demolitions, and shifting economic conditions.

Remember, new property values are only one piece of the puzzle for real estate taxation. Your tax bill is calculated based on local tax rates and assessments, with various state-mandated reductions like the Homestead exemption and Owner-Occupied credit.

So, if you want to stay ahead of the curve and ensure your property value is accurate, make sure to stop by one of these sessions. Clear your calendar and head to Maumee Senior Center, because it's all about staying informed and in control of your property!