News Flash

Arapahoe County News

Posted on: April 29, 2021

Arapahoe County Assessor outlines 2021 tax assessment process

pic_suburb

Area real estate market remains strong despite pandemic effects

Despite the widespread COVID-related setbacks during the past year, the real estate market in the Denver Metropolitan area is still growing. It’s being driven by an improving economy, population increases, and low home inventory and location desirability, all of which are putting stress on home prices.

The Arapahoe County real estate market continues to expand and set new records. Colorado Revised Statute requires the Arapahoe County Assessor to discover, list, classify and value all taxable real and business personal property as of January 1st. We are required by law to assess all real estate in every odd year (personal business properties are assessed every year) for property tax purposes.

The appraisal date for tax year 2021 is June 30, 2020. We use property sales data from July 1, 2018 to June 30, 2020, but we can go back further. For the 2021 tax year we reappraised approximately 227,000 properties in Arapahoe County, which is an extraordinary task.

We have studied each neighborhood, and each type of property, and then applied sound mass appraisal methodologies to provide the most accurate estimation possible of market value. Our staff of 64 employees, including 29 licensed appraisers, take great pride in their job and appreciate the opportunity to serve our residents.

In the last quarter of our reevaluation period, COVID-19 impacted income and vacancy for some commercial properties and nearly halted all commercial sales activity. In light of this, we have made some adjustments to the affected property classes.

Our office also has added a new feature to our Notices of Valuation this year by experimentally printing a QR Code on these forms. Arapahoe is the first county in Colorado to offer this option. Property owners can scan the code to go to their property page directly to learn more about the property, the appeal process and other useful information. We also will be putting a “heat map” on our website that will show how property values are changing across the county. All these new features will be available by May 3

Anyone who disagrees with the valuation placed on their property by our office can appeal by mail, fax, or online (residential properties only). Drop boxes are available at the following locations:

  • Administration Building: 5334 S Prince St. Littleton, CO 80120 - Located on west side of building
  • Lima Plaza: 6954 S. Lima St. Centennial, CO 80112 Located in front of the DMV
  • Aurora Branch 490 S. Chambers Rd. Aurora, CO 80017 - Located in front of DMV
  • Byers Motor Vehicle: 538 US Hwy 36 Byers, CO 80103 - Located in front of the DMV
  • Altura Plaza: 15400 E 14th Suite 500, Aurora, CO 80011 – Located inside lobby area

Phone appointments are available between May 3 and June 1, 2021. Appointments for all types of properties may be made by calling 303-795-4600.


2021 RE val - Percent Change 2019-2021

Number of accounts or parcels:232,000  (real +  PP + Exempt)


Average Single Family Residential increase per parcel:7.60%
Median Single Family Residential increase per parcel:5.60%
TOTAL Actual Value increase, all residential:9.2% (per prelim. Summary of Value)


Average Commercial increase per parcel:
Merchandising:10.20%
Office:8.80%
Warehouse:29.60%
Commercial Condo:15.20%
Special Purpose:14.90%


Anything of particular note for commercial?
Full-service restaurants and bars:13% downward adjustment
Office:3% downward adjustment
Hotel/Motel:5%-20% downward adjustment


Average Apartment increase per parcel:
4-8 Units:19.50%
9+ Units:17.40%


Average Vacant Land increase per parcel:19.20%


Do you have an online appeal application?:YES (residential only)


Are you allowing in-person appeals?:Phone appointments only, drop box at various locations

Facebook Twitter Email

Other News in Arapahoe County News

Labor Day

Labor Day building closure

Posted on: September 2, 2021
SMP_CP_Census

2020 Census Update

Posted on: August 26, 2021
No Burn Ban UPDATED 7.7.20

Fire restrictions and fireworks

Posted on: June 24, 2021
SMP_CP_Fireworks_2021

It's going to be a BLAST!

Posted on: May 24, 2021
PIC_CP_County_101

Introducing County 101

Posted on: April 1, 2021
SMP_CL_Safer_at_Home

Dial 2.0 further reopens Arapahoe County

Posted on: February 11, 2021
pic_CP_presidents_day

Building closures for Presidents Day

Posted on: February 10, 2021
SMP_TTH_CP__Vaccination_Update_Feb_4_20210120

Vaccination Update: Telephone Town Hall

Posted on: February 1, 2021
CivicPlus_Dec 2020 v2

DIVE into the Open Spaces Master Plan

Posted on: January 10, 2021
Thanksgiving

Building closures for Thanksgiving

Posted on: November 22, 2020
pic_CP_When-to-get-tested

Should you get tested for COVID-19?

Posted on: November 13, 2020
pic_CP_Veterans-Day

Building closures for Veterans Day

Posted on: November 7, 2020
SMP_CP_ColumbusDay

Columbus Day building closures

Posted on: October 8, 2020
SMP_CP_Fireworks_2021

It's going to be a BLAST!

Posted on: May 24, 2021