County of Los Angeles Property Reassessment Deadline

November 4, 2011 Posted by Andre Hemmersbach

The County of Los Angeles has made it easier than ever to have have your property assessed at the correct value. The assessed amount directly relates to the amount of our annual propert tax bill and if the county still has your property assessed at 2007, 2008 or 2009 levels you could save a couple of thousand dollars if you move fast. You’ll have to move fast because the deadline to submitt your reassessment request must be in by November 30th, 2011 or you will have to wait until June 1, of 2012.

Even as little as a $50,000 reduction in property value could save you as much as $625.00 a year, thats $52.00 a month for filling out a form online. Seeing the average home price in the Southbay was above $500,000 in 2007  and a 15% price drop would equal $75,000, a quick investigation could pay off handsomely!

You will need your AIN number and your PIN number which will be on your annual tax bill. Also I suggest having comparable sales, unless you trust the Assessor Office to be fair in evaluating your propertry value. Since the County will ask for two comparable sales from your neighborhood dated from January 1 through March 31 of 2010, a quick call to a local Realtor or my self may be necessary. 

If you have any questions on how to proceed or need assistance with getting your comparables, I would be happy to help!

Office: 310 540-1330 #137

Link to County of LA online form:

Copy of mail in form: LA County reassesment form

Happy Thanksgiving!

Andre Hemmersbach

About Andre Hemmersbach

Andre Hemmersbach has been working in the mortgage banking business for over 30 year helping people successfully finance their real estate holdings. He can be reached at (310) 540-1330 #137.

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