Washington Tax Appeals Board Orders New Property Values for Taxpayer’s Seattle Home

The Washington Board of Tax Appeals (BTA) set aside the determinations of the King County Board of Equalization and ordered new values for the taxpayer’s residential property for the 2022 and 2023 assessment years. The dispute involved the true and fair market value of the property. The subject property is a 1905-built, average-grade, and condition residence with 1,960 square feet of above-grade living area on a 6,850 square foot lot. For the 2022 assessment year, the Board found that the owner presented clear, cogent, and convincing evidence that the assessor overvalued the property. The Board considered sales evidence from both ...