© 2024 Ideastream Public Media

1375 Euclid Avenue, Cleveland, Ohio 44115
(216) 916-6100 | (877) 399-3307

WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Summit County Reappraisals Might not Change Property Taxes Much

map of Summit County
Google Maps
An appraisal by the Summit County Fiscal Office led to large increases in property values.

Property owners in Summit County have until March 31 to challenge the new valuation of their property.

The Summit County Fiscal Office released new property values in December following appraisals as required by Ohio law. However, this time, State Tax Commissioner Jeff McClain mandated the office only use 2019 sales during their reappraisal rather than sales from the past three years, leading to a large increase in property values.

Deputy Fiscal Officer Dominic Basile says this does not necessarily mean there will be a significant rise in property taxes.

BASILE-cut-edited-.mp3
Dominic Basile: effect on real estate taxes

“If your property value went up 20%, your actual real estate taxes would most likely not go up 20%. It would be to a lesser degree,” Basile said.

He says there’s even a chance property taxes won’t go up at all on properties whose value went up.

Property owners can appeal to the Board of Revisions if they feel their new valuation was too high or too low.

Abigail Bottar covers Akron, Canton, Kent and the surrounding areas for Ideastream Public Media.