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Thursday,M ay24th
NORTH WENATCHEE AREA,CYCLE 2
ChelanCountyFire#11
DeannaWalter,ChelanCountyAssessor
ChelanCounty
Our Appraisers physically inspect 1/ 4th of the County every - - PowerPoint PPT Presentation
Our Appraisers physically inspect 1/ 4th of the County every - - PowerPoint PPT Presentation
Chelan County Thursday, M ay 24th N ORTH W ENATCHEE A REA , C YCLE 2 Chelan County Fire #11 Deanna Walter, Chelan County Assessor Appraisal Process M arket Trends Question &
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- AppraisalProcess
- M arketTrends
- Question&Answer
DeannaWalter,ChelanCountyAssessor
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DeannaWalter,ChelanCountyAssessor
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Cycle4: LakeChelan, M anson& Stehekin NextInspection Year:2020 Cycle1: StemiltBasin,S. Wenatchee, M onitor& Cashmere NextInspection Year:2021 Cycle2: N.Wenatchee, Sunnyslope& Entiat InspectionYear: 2018 Cycle3: BlewettPass, Leavenworth, Plain&Lake Wenatchee NextInspection Year:2019
OurAppraisersphysicallyinspect1/ 4thof theCountyeveryyear(Approx.12,000parcels)
DeannaWalter,ChelanCountyAssessor
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Valueland asifvacant
Addanyexisting improvements
(structures)
Sales Analysis
(M assAppraisal)
Usingstandardcostmanualswe“build”the existingstructuresontheproperty (replacementcostnewminusdepreciation) Usinglandonlysales.Thefirstacreis alwaysthemostvaluable. Comparerawvaluestosalepricesfor marketadjustments(M assAppraisal). Salesfrom2017arepredominatelyused tosetthe2018assessedvalues(2019 taxes)
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- S
tatelawrequiresassessedvaluesreflect100%
- ffairmarketvalue
- Wecanonlyuseclosedarm’slengthsales
- DORrestrictiononwhatsaleswecan/cannot
useforanalysis
(WAC458553080)
– E.g.salebetweenrelatives,bankruptcy,sheriff
sales,taxdeeds,giftdeeds,forcedsales, classifiedlandunderRCW84.34,etc.)
DeannaWalter,ChelanCountyAssessor
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- Fee(Single)Appraisal:
– Usescomparablesaleswhicharesimilartothe
subjectproperty.
– S
alesareidentifiedthatbestrepresentthe subjectproperty.
- M ass(Groups)Appraisal:
– Useslargequantitiesofsalestodevelopstatistics
fromthedata.
– Resultsofanalysisareappliedtoagroup
(neighborhood)asamarketadjustment (percentage).
DeannaWalter,ChelanCountyAssessor
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DeannaWalter,ChelanCountyAssessor
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DeannaWalter,ChelanCountyAssessor
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DeannaWalter,ChelanCountyAssessor
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DeannaWalter,ChelanCountyAssessor
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DeannaWalter ChelanCountyAssessor
509.667.6365
www.co.chelan.wa.us/ assessor
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Note:Ifsearchingbyproperty addressjustusethehousenumber (nostreet).
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DeannaWalter,ChelanCountyAssessor