BEND, OR -- Property taxes are complicated, thanks to a number of factors, including Oregon’s constitution and the rise and fall of the local housing market. But one thing remains constant – you still have to pay up.
He says some of the biggest confusion over statements comes from how “real market value” is calculated. "What a realtor would be looking at would be what it would sell at today. Our base appraisal date, per statute, is January first of any given year," says Langton. "So, the property tax bill you just received is January 1, 2016; that’s 11 months old. And, as I think most of us realize, there’s quite a bit of market activity that we’ve seen over the last several years, both up and down, in values; and by design, our figure is dated." He encourages anyone with questions or concerns about their property value or tax statement to call the Assessor’s office.
