King County begins mailing property valuations. Here's where

King County begins mailing property valuations. Here's where property value grew the fastest
by Callie Craighead, SeattlePI
© George Rose/Getty Images
The sun sets on the Port of Seattle and downtown waterfront as viewed from Queen Anne Hill on November 4, 2015, in Seattle, Washington, located in King County.
The King County Assessor's Office announced that it began mailing out property valuation notices to residents on Thursday, with some areas poised to see double-digit increases in value. The annual revaluation notices — required by state law — are issued for 720,000 pieces of property in the county and applied for taxes due in 2022.
Despite the economic downturn caused by the COVID-19 pandemic and shutdowns, the office says that commercial property values have remained steady while residential property values in the county have "risen dramatically," with some areas even seeing upwards of 20% increases in value.

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