Pitkin County property value protests flood in at deadline
Aspen, CO Colorado
ASPEN, Colorado ” How many Pitkin County, Colorado property owners protested their property valuations by Monday’s deadline is anybody’s guess.
Protests were stacked on desks at the county assessor’s office and people continued to flood into the office as the clock hit 5 p.m.
“It’s been nonstop,” a staffer reported shortly before the cutoff to accept protests. Monday was the busiest day for protests since property owners received their valuation notices in early May.
Monday was the deadline to deliver a protest in person, but more are likely to arrive in the mail ” they had to be postmarked by June 1.
This year’s protests are likely to outnumber the 2007 tally, when 2,118 protests were filed, predicted the assessor’s office staffer. Property values took a big leap in 2007, spurring protests, and they took another one this year. The total actual value of property in the county, based on the assessments mailed out in May, stands at about $36 billion, up from $26.7 billion in 2008.
The assessor’s office has until June 30 to notify property owners of the outcome of their protest. Those who wish to appeal the assessor’s decision must file a notice of appeal to the Board of Equalization by July 15. Those appeals should be filed with the county clerk and recorder’s office.
According to Land Title Guarantee Company, October was the best month of this year for real estate sales. In October alone, there were 230 transactions, with a dollar value of more than $261 million. Both are high marks for the year so far.