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San Joaquin County Home Values And Property Taxes Jump

  danielmoyle / Flickr
 

danielmoyle / Flickr

New property tax assessments are being mailed to homeowners in San Joaquin County this month. Many are in for a shock with home values jumping as much as 40 percent.

This is the second year in a row that assessed property values have risen in San Joaquin County after four years of decline.

The total assessed value rose just over 9 percent, but many homeowners have seen their property values rise by 30 or 40 percent.

San Joaquin County Assessor Kenneth Blakemore calls it a double-edged sword with homeowners seeing their property go up in value, but with the property tax bills going up too.

"On a typical $200,000 home it could be going up $600 a year, that's 30 percent."

Sothary Chea saw her assessed value jump $20,000.

"I was just looking at the numbers and it kind of caught me off guard, especially with the area we're in, I would assume it's going to affect a lot of families," Chea said.

Blakemore says county offices will see some more revenue, but most of the property tax money will go to the state and to schools. 

 

 real estateproperty taxsan joaquin county