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SPOKANE COUNTY ASSESSOR PARCEL SEARCH PLUS
Those, plus three other neighborhood samples and interviews with government and private real estate experts, indicate that the Spokane County Assessor and her staff have made notable improvements in the past couple of years. "If our home and the apparent discrepancy between the current value and the assessed value makes the case, so be it."Ĭannon Hill's 52 percent difference is likely due to the fact that the upscale homes there increase in value fairly rapidly - more so than, say, the middle-class homes of Hays Park in North Spokane, where a similar sample's assessment-to-sales average is just 14 percent. Or, if it's a good system, it needs to be followed," says Powers. "If the assessed values on homes, including mine, lag substantially behind current actual values, then the system needs to be fixed. The city and the county are missing a million dollars' worth of taxable property in that sample alone. Their average purchase price, $218,000, was 52 percent higher than their average assessment. That's not Powers' fault, nor is he alone: The Inlander sampled the area by examining records of 10 other Cannon Hill houses that changed hands in the past few years. His classic brick house near Cannon Hill Park was recently listed for sale for $374,900 - but the assessed value is just $128,100, according to records at the Spokane County Assessor's Office. The neighborhood's most prominent resident, John Powers Jr., is the city's mayor. It's as if you supped on wine and brie but paid only for generic beer and pretzels. The sugar on this plum, if you're a property owner here, is that these stately houses are greatly under-assessed, meaning property taxes are lower than sales prices would seem to dictate. People jog around the duck pond at Cannon Hill Park most of the year, walk their dogs and play softball. The lanes are quiet and, often, narrow, with brick paving peeking out from beneath worn blacktop. Historic brick homes line avenues shaded by rows of majestic sycamores that provide summer shade and autumn color.
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The Cannon Hill neighborhood is a jewel of Spokane.