Did you know about these Property Tax Discounts?

Home Owners Exemption

– If your home is your primary residence, you qualify for the Home Owners Exemption (HOE). The exemption applies to fifty percent of the value of the residence or $100,000, whichever is less. You must apply and occupy your home by April 15th, you only need to file for this once.
https://tax.idaho.gov/i-1051.cfm

And you can now apply online: https://www.co.blaine.id.us/FormCenter/Assessor-17/Homeowners-Exemption-Application-80

100% Service-Connected Disabled Veterans Benefit

– If you qualify, the property taxes on your home and up to one acre of land may be reduced by as much as $1,320. The program doesn’t have an income limit. You must file the application with your assessor’s office between January 1 and April 15, every year.
https://tax.idaho.gov/i-2053.cfm

Circuit Breaker – Generally for Seniors, Widow(er)s, the Blind, Veterans and Disabled people
– If you qualify, the property taxes on your home and up to one acre of land may be reduced by as much as $1,320. You must file the application with your assessor’s office between January 1 and April 15, every year.
https://tax.idaho.gov/i-2053.cfm

What Does the Asssessor Think is Your Property Value?

Each year, the Assessor’s office attempts estimate how much a buyer might reasonably pay for your property if it were to sell on January 1. This assessed value is sent out to property owners by the first Monday in June. To see what your home is assessed for go to:
https://maps.co.blaine.id.us/search/search.html

You can also see here if the HOE is being applied.
Don’t worry! The Assessor is notoriously behind market values.

If you really want to know what your property is worth, call us and we’ll give you an accurate market valuation.

Do You Think You are Being Over Assessed?

If you disagree with your assessed value, you can take these steps in this order:
1. Contact your local county assessor’s office and speak with your “appraiser”.
2. Contact your county clerk to file an appeal with the Board of Equalization (BOE) by the fourth Monday in June. Typically, the board meets to hear appeals between the fourth Monday in June and the second Monday in July.
3. If you disagree with the BOE’s decision, ask your county clerk how you can appeal within 30 days to either:
• The State Board of Tax Appeals
• The District Court

Contact us if you feel your property is over assessed and we can work with you to present comparable sales information for your appeal.

How Much Can My Taxes Go Up?

While there’s no legal limit to how much any property’s tax bill can increase or decrease,  each taxing district can only raise the property tax portion of its budget by no more than 3% unless one or both of these apply:
• Voters approve an increase to property tax revenue (e.g., bonds, overrides)
• Your taxing districts apply new construction or new annexations

Fun Facts

Blaine County’s 2019 Urban Tax Rate is 0.690% and the Rural rate 0.569% of taxable value.

Arnold Schwarzenegger property 2019 tax bill was $59,413.38

Want more tax info?

Call us or try these pages:
https://www.co.blaine.id.us/168/Assessor
https://tax.idaho.gov/i-2051.cfm