Fulton Sends Out 2017 Property Assessment Notices

ATLANTA, GA -- It's that time of year again in Fulton County.

The Tax Assessor's Office has issued 2017 property assessment notices to more than 320,000 properties located within Fulton County. The office stipulates this year's assessments reflect "significant valuation increases" in many areas in the county.

Under Georgia law, values are required to be within 90 to 110 percent of market value. Overall, 2017 valuations indicate a real estate market with values similar to those before the 2008 recession.

The median change for residential parcels across Fulton County is approximately 13 percent. By comparison, Cobb County’s 2017 valuation, which included reviewing 50 percent of residential properties, saw a median increase of 16 percent. Gwinnett County updated valuation for 60 percent of its residential properties, and saw a median increase of 12 percent, Fulton County added.

“We have undergone a thorough process to ensure that we are in alignment with best practices in property valuation," Chief Appraiser Dwight Robinson said. "This year’s valuations are consistent with a strong sales in neighborhoods located throughout Fulton County.”

Property owners who disagree with the current year value on their assessment notice have a 45-day appeal window, which ends July 10. Appeals may be submitted online, in person, or by mail.

In addition, Fulton County offers numerous property tax relief measures. Significantly, owner-occupied residential properties with a homestead exemption in place will benefit from the Consumer Price Index Homestead Freeze. This offsets assessment increases to the CPI or 3 percent, whichever is less. Fulton County also has a basic homestead exemption of $30,000, which is among the highest in the metro area.

Other homestead exemptions are in place for seniors, persons with disabilities and other circumstances. More information is available on the Tax Assessors’ website.

Property owners will receive their assessment notices in the mail. For more information, call 404-612-6440 or go online to www.fultonassessor.org.

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