Real Property

Real Estate Value Notices Will Arrive Soon

In accordance with Kansas State Statutes, the Jefferson County Appraiser’s Office will be mailing out the 2019 “Change of Value Notices” on or before March 1st.

A study of the residential real estate market indicated that there is an overall inflationary trend of 4% to 5%.  Most residential properties will see an increase in appraised value for 2019 to adjust for the market conditions.     

A study of the Commercial Real Estate Market indicated that there is an overall inflationary trend of 3%-4%.  Most Commercial Properties will see a value change for 2019.

 A study of vacant land sales indicated a slight increase in market land values to a slight decrease in other locations of the County.  Those value changes up or down varied from 2% to 5% depending upon the location of the Market Land.   

The 2019 Ag Land values from the Kansas Department of Revenue, Division of Property Valuation, indicated an increase to value in cropland, including grassland. 

As a taxpayer you have 2 opportunities, per year, to protest.  You may only protest once a year.  (1st Opportunity) Generally the first week of March, you will receive your new valuation notice.  You have 30 days from the day the valuation notice is mailed to appeal your value.  This is the most opportune time to take care of these matters, for the value is just value and has not been generated to a tax dollar.  (2nd Opportunity) In November, once these values have been generated to a tax dollar and a tax bill sent, the first half of the tax must be paid and you must protest at the same time of first half payment in the Treasurer’s Office.   

 


What is Real Property?


Real Property is typically land and all permanent structures affixed to it. This includes any mechanical or other features within the structure with a designed use for the safety and comfort of the occupants and all permanent land improvements.

How do I calculate Real Estate property taxes?
  1. Multiply the appraised value by the assessment rate of the property to get the assessed value
    1. Example: RR/RU Appraised value of $159,000
    2. $159,000 x .115 = $18,285 (Assessed Value)
  2. Multiply the assessed value by the “mill levy”
    1. Example: $18,285 x .146919 = $2,686.41 (Tax Value)
  3. The first $20,000 in appraised value of a residential property is exempt from the 20 mil statewide portion of the mill levy. This includes RR/RU FR/FU and personal property manufactured/mobile homes.
    1. Example: $20,000 x .115 = 2,300 x 20 mills / 1,000 = $46.00 (reduction amount)
    2. If the appraised value is less than $20,000, use the appraised value and follow the same procedures as shown above.

Assessment Rate Calculator

Class Definition Assessment Rate
RR/RU Real Property used for residential purposes including apartments, condominiums and mobile homes
11.5%
FR/FU Residents on farm homesites; agricultural land is included along with the homestead
11.5%
AR/AU Land devoted to agricultural use
30%
AR/AU Improvements on land devoted to agricultural use; does not include a homesite
25%
VR/VU Vacant lots
12%
NR/NU Real property owned and operated by not-for-profit organizations
12%
CR/CU Real property used for commercial and industrial purposes
25%
OR/OU
Other rural and urban real property not meeting requirements to be classified as residential, commercial, agricultural or exempt
30%
UL/UU Locally assessed public utility (specific use)
33%
E Exempt 0%
For more information about Real Property, please contact the Appraiser's Office.

For information regarding the Appeals Process, please see the Appeals Process.