Tax bills for the coming have been mailed for the 2011-2012 year. And the deadline to appeal the assessed amount has passed. So where are the values in Marin right now?

After a 1.18 percent decline in 2010/2011 tax year, Marin County’s valuation of its real estate is going up .08 percent this year.

In spite of this news, the new County Assessor, Richard Benson, notes that there is a continuing slide in values in some of the Marin neighborhoods. He has reduced the value of 27 percent of the county’s residential properties which means a tax break for 21,600 home owners.

Interesting note, the 15 coastal counties gained .9 percent (which accounts for 60 percent of the state’s valuation) and the 43 inland counties fell .6 percent.

Posted by:  Judy LeMarr