â€œAn â€œescape assessmentâ€ is a correction to a propertyâ€™s assessed value on the local property tax roll. The correction is made because the Assessorâ€™s Office discovered a property or a taxable event that should have been assessed but was not. Current and/or prior year tax rolls may be affected. The most common reasons for an escape assessment are overlooked or unreported new construction, a missed change of ownershipâ€¦ or the removal of an exemption.â€
Here is the url: http://sacramentoappraisalblog.com/2012/01/31/what-is-an-escape-assessment/... more
I wonder how common this problem is?
John's answer certainly shows the benefit of working with the right agent.
What was the court cost relative to the assessment in question?
P.S. Assessors are counting on owners not questioning their appraisals each year, we review
them annually, and challenge whenever we know they're wrong. The result? For the cost
of a few emails and a couple stamps, we've saved many thousands over twelve years.... more
I've contacted the assessor's office several times about this, as we have been sent an "escape assessment" from 2005, 6 years ago. I've found on the tax code 390.0065 that limits escape assessments to 4 years. I've sent the assessor's office my findings and disputed the bill, but am still not able to get any straight answers. The assessor's office has sent my concern to the city attorney's office for review, I've not gotten a resolution. Just followed up a few days ago and was told they could not help me until the fiscal year is closed out.
My two cents..."DO NOT CONTACT THE ASSESSOR'S OFFICE, THEY WILL RUN YOU IN CIRCLES"... more
An escape assessment is the increased amount in real property valuation over the regular assessed valuation from a delayed reappraisal of the property and/or an erroneously applied homeowner's exemption valuation reduction. A secured property escape tax bill retroactively taxes the increased amount of valuation over the regular tax bill. In other words your property was reappraised for property tax purposes probably prior to your purchase, but due to legal rangling wans't able to be enforced until a year of so later.... more