The Assessor’s Office is required to reassess property upon a change in ownership or new construction. New Construction is typically reassessed upon completion, but it can also be reassessed if the construction is in progress (unfinished) on the annual property tax lien date, January 1st. The term “new construction” includes not only structures that are new but can also include remodeling of existing structures. For additional information, please call (858) 505-6262.
Concerning new construction, the Assessor’s Office receives copies of all building permits issued by the cities as well as the County. We then divide these permits into two categories: (1) permits for repair, replacement and maintenance, and (2) permits for actual new construction.
Normally, permits for repair, replacement and maintenance do not cause a reassessment for property tax purposes. Examples of these include a new roof, replumbing, rewiring, replacing an old fence or decking, etc. On the other hand, if a homeowner takes out a building permit to do an addition to his or her home, this will cause a reassessment for the new square footage added.
In appraising new construction, the market value of the addition is determined and added to the value of the existing property. The value of the existing property does not change. For example, a homeowner currently has a 2,000 square foot home and builds a new 500 square foot family room. Under Proposition 13, we can only reassess the new family room, and not the existing 2,000 square foot home. The family room will be reassessed based on the "value added" which is usually the full construction cost.
There are two times, however, when the "value added" may be different from the construction costs. The first is when there is an "over improvement for the area" in which the cost of construction exceeds the market value added. The other is when an owner has built the improvement himself for substantially less cost than the resulting increase in value.
Unfinished new construction is appraised by the assessor’s office each year on the first day of January for property tax purposes. Below are some of the most frequently asked questions concerning the appraisal of partially completed construction.
Many homeowners are taking advantage of the lower interest rates to refinance their homes for remodeling. Below are some of the most frequently asked questions of how a remodel affects your property taxes.
State law requires the Assessor to reassess property upon a change in ownership or completion of new construction. The Assessor’s Office must issue a supplemental assessment which reflects the difference between the prior assessed value and the new assessment. This value is then prorated based on the number of months remaining in the fiscal year ending June 30. This supplemental assessment is in addition to the regular annual tax bill.
If you disagree with the new value on your supplemental assessment
and have evidence to support a lower value, an assessment appeal application must be filed with
the Clerk of the Board within 60 days from the mailing of the
supplemental tax bill.
A taxable possessory interest (PI) is created when a private party is granted the exclusive use of real property owned by a non‑taxable government entity. Under State law, possessory interests must be assessed for property tax purposes.
The PI may be conveyed by a lease, permit, contract, or only a verbal agreement. Essentially, the possession or right to possession of the real property creates a possessory interest; not the type of document used to convey that right. The possession must be independent, durable, and exclusive of the rights held by others. It must also provide a private benefit to the possessor above that which is granted to the general public.
State law allows owners of agricultural land to reduce their property taxes by placing their property into agricultural preserve contracts. Below are some of the most frequently asked questions concerning the Agricultural Preserve Contracts.
Historical buildings might qualify for a property tax reduction. State law provides for an alternative method of calculating property taxes for qualified historical buildings whose owners have entered into an agreement with their city or the County for unincorporated areas.
If your questions are about the valuation of these historic properties, call the Assessor’s Office at (619) 531-5002.
Below are some of the most frequently asked questions concerning Historical Properties. If your questions are about applying and qualifying for these historic landmark preservation agreements, contact your local jurisdiction.
When a sale or transfer of ownership occurs, the Assessor’s Office receives a copy of the deed and determines if a reassessment is required under State law. If it is required, an appraisal is made to determine the new market value of the property. The owner is then notified of the new assessment.
For additional information, please call (858) 505-6262.
Some ownership changes do not require a reassessment. For example, the transfer of property between husband and wife does not require a reassessment for property tax purposes. This includes transfers resulting from divorce or death. In addition, refinancing or creation of a living trust will not cause a reappraisal. There are other exclusions for senior and disabled individuals, and for intergenerational transfers (Parent-Child/Grandparent-Grandchild).
Prop 13 was passed by California voters in June 1978. It is a contract between taxpayers and the government. It provides a budgetable revenue source for taxing jurisdictions and is affordable and predictable for property owners. Property is reassessed to market value upon a change in ownership or new construction. Otherwise, assessments are subject to an annual inflation adjustment, not to exceed 2% per year.
The property tax rate is 1%, plus any bonds, fees or special charges. For additional information, please contact the Assessor’s Office at (858) 505-6262.
Proposition 8 was passed by California Voters in November 1978. It provides for a temporary reduction in assessed value if the market value falls below the assessed value on Lien Date (January 1st). Once reduced, the assessed value will be reviewed annually and adjusted upward or downward, dependent on the market values. The property will still be protected by Proposition 13. The assessment can never go higher than the original base assessment plus 2% per year.
You can apply for this reduction yourself, for free, directly with the Assessor’s Office. Numerous private businesses and individuals mail solicitations to property owners offering their assistance in this process for a fee. While property owners are certainly at liberty to use these private companies, they can apply for this reduction themselves at absolutely no cost.
The Proposition 8 application is available from December 1st through April 30th on the our website and in all the Assessor’s branch offices. Applications can be submitted to the our office from December 1st through April 30th.
For additional information, please call (858) 505-6262.
The assessed values for all real estate parcels will be posted to the Assessor’s website on June 30th.
You may also call the Assessor’s office at (619) 236-3771 for assessed value information.
If you disagree with your assessed value and have evidence to support a lower value, a formal assessment appeal process is available. This application must be filed with the Clerk of the Assessment Appeals Board between July 2nd and November 30th.