The Notice of Assessment will contain the "Date Mailed". Any further disclosure is prohibited by state law. Property owners may not further disclose this sales information to anyone else, however the information may be introduced later in the event of a formal appeal of a tax assessment. The assessor must mail the Notice of Assessment by the fourth Monday in April. Property owners appealing their assessment may review the sales that were used to determine the fair market value of their property during the 30 day appeal period. Can I review the sales information used in establishing the assessed value of my property? This information is not generally available to the public. Information such as the date of sale, purchase price and the sale’s terms are required. Wyoming statute (34-1-142) requires a statement of consideration be completed whenever a deed, contract or other document transferring legal title is recorded. Factors such as location, property characteristics and sales information are analyzed each year to determine the estimated fair market value. Industry-accepted mass appraisal procedures and methodologies are used to determine property values. How did you arrive at the value of my property? Many factors affect market value - a change in property characteristics, market supply and demand, interest rates, labor and material costs to name a few. You may also contact our office to discuss the process. As the appeal process is dictated by statute, please review Wyoming State Statute 39-13-109(b) for further information regarding the filing of your appeal. The County Commissioners, in their capacity as the County Board of Equalization, will hear and rule on all filed appeals. You may only appeal your value during the 30 day period by completing a form provided by the assessor’s office or filing a statement with the assessor specifying the reasons why the assessment is incorrect. If you disagree with the total valuation, we recommend that you first contact our office within 30 days of the "Date Mailed" on the assessment to review pertinent information and data used to calculate the total valuation. The "Total Valuation used to Calculate Tax" listed on the Notice of Assessment should represent the approximate fair market value of your property as of January 1st. What should I do if I disagree with the value on my assessment? Inspections can also be done as deemed necessary in the event of a disagreement with the property value as established by the Assessor’s Office or upon the request of a property owner. Properties are also inspected when a building permit is issued or an address assigned. When can I expect the Assessor’s Office to complete an on-site inspection of my property?Īll properties in Teton County are physically inspected once every six years. Assessment schedules must reflect the owner of record as of that date and be mailed on or before the fourth Monday in April. Wyoming statute requires that all property be listed, valued and assessed as of January 1 of each year. How often is property appraised in Teton County?
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