Loudoun County Real Estate Assessments
How are assessments determined in Loudoun County? Buyers and sellers create value by their actions in the real estate marketplace. The fair market value of a property is the probable amount it would sell for today if exposed to the market for a reasonable period with informed buyers and sellers acting without undue pressure.
There are many reasons for a change in property value. The most obvious reason is that the property itself has changed. The most frequent reason for a change in value is that a movement (either up or down) has occurred in the real estate marketplace. The Office of the County Assessor assesses property as of January 1 each year with the notices typically mailed beginning in early February. The tax rate is set in April of each year by the Board of Supervisors. This occurs after the county's budgetary needs are reviewed and after public hearings have been held. The real property tax is part of a well-balanced revenue system that enables county residents to share in the cost of police and fire protection, public education, parks and recreation, and other services.
Is it possible to have an assessment reviewed? Yes. It is important that that you first review your assessment upon receipt of your notice. In order to receive consideration for a review by the Assessor's staff, the owner or authorized agent must submit a completed Application for Review Form by the deadline, which is listed on the review form, if the assessment is not considered to be equitable or accurate. A field appraiser will review the assessment in order to alleviate any concerns by the taxpayer regarding the property value.
Forms are available online at
www.loudoun.gov/assessor, at Loudoun County Public Libraries, or at the Assessor's Office, 1 Harrison Street, S.E. in Leesburg. Phoned-in appeals will no longer be accepted.
When are my real estate tax payments due?
Taxes are billed semi-annually with the first payment due on June 5 and the second payment due on December 5. Reassessment notices are sent to the property owner. However, the tax bills are typically mailed directly to the mortgage company.
Where is the Assessor's Office located?
The Office of the Assessor is located on the fifth floor of the Loudoun County Government Center at 1 Harrison Street, S.E. in Leesburg, Virginia. The office is open Monday-Friday from 8:30 a.m. to 5:00 p.m. A satellite office is located at 45201 Research Place, Suite 130, Ashburn, Virginia 20147. The Ashburn office hours are Monday-Friday from 9:00 a.m. to 4:00 p.m. Please call 703-777-0267 for general information, fax the office at 703-771-5234, or e-mail: assessor@loudoun.gov.
If you feel your assessment is in error,
please contact us for more information.
703-587-0542
ray@rayrepage.com
We would be happy to meet with you and
review your assessment with you.
We have access to comparable properties in your neighborhood and
will help you understand the value of your property in today’s market.
