Percentage change over time of assessed property values in Snohomish County. This version of the chart was revised on June 22 after the assessor’s office released an update. (Snohomish County Assessor)

Percentage change over time of assessed property values in Snohomish County. This version of the chart was revised on June 22 after the assessor’s office released an update. (Snohomish County Assessor)

Assessed values of affordable homes here continue to rise

Annual assessments sent Friday show Snohomish County properties continue to rise in value, on average 8.6%.

EVERETT — For yet another year, the housing market has driven up assessed values in Snohomish County, hitting some of the most affordable properties the hardest.

Owners of single-family homes valued at $350,000 or less are likely to see the greatest percentage increase in assessed values, which are used to calculate next year’s taxes.

Yearly assessment notices were mailed out by the county assessor on Friday.

“Concerns are for affordable housing,” Assessor Linda Hjelle said. “People are looking for a place to live that is reasonable and as the demand increases and there is a limitation in buildable lands, the affordable housing piece of it becomes complicated.”

The market did settle down this year, but it’s still putting pressure on reasonably priced places to live, Hjelle said.

Property value in the county increased by 8.6% across all categories, including an increase of 8.8% on residential properties and 8.2% for commercial properties.

Residential values countywide saw the lowest increase since 2015, more than 3% less than the 11.9% and 12.2% increases of the 2017 and 2018 assessment years.

The leveling off of the housing market could be a reason for the dip, according to Hjelle. Values are set based on property sales in 2018.

“What you are seeing here is a representation of what we have seen in the Snohomish County market,” she said.

Manufactured homes in mobile home parks saw a staggering 23% value increase, well above the 10% increase of manufactured homes outside of such parks, a trend Hjelle attributed to the high demand for affordable housing.

Condominiums and apartments increased by 11% and 9%, respectively.

Countywide assessed values by school district were up between 7% and 10%. The Northshore and Index school districts were outliers, up more than 11%.

In total, residential properties in the county are valued at nearly $116 billion, a $9.3 billion increase over last year. Commercial properties total $38.7 billion, almost $3 billion more than last year.

Sixty percent of average property taxes go to education, with the rest earmarked for cities, counties, fire protection and other public services.

If homeowners have evidence to challenge the assessed value of their property, they can appeal to the county’s Board of Equalization within 60 days of the assessment notice being mailed.

The property assessment process is not completed. Appraisers will now spend months evaluating new construction.

Ian Davis-Leonard: 425-339-3449; Twitter: IanDavisLeonard.

Property-tax questions?

People with questions about the new value of their property can call the assessor’s office before filing an appeal with the Board of Equalization. Call 425-388-6555 for residential properties and 425-388-3390 for commercial properties.

Petitions must be filed with the Board of Equalization within 60 days of when the notice was mailed. Forms and instructions are available by visiting or calling 425-388-3407.

Property-tax exemptions are available for some homeowners, including senior citizens and people with disabilities. To learn more, visit or call 425-388-3433.

Assessed property values

School district 2018 value 2019 value Change % change
Everett $25,007,481,770 $27,084,204,020 $2,076,722,250 8.30%
Lake Stevens $6,645,260,374 $7,276,858,600 $631,598,226 9.50%
Mukilteo $19,861,677,120 $21,585,887,000 $1,724,209,880 8.68%
Edmonds $34,856,525,050 $37,796,688,200 $2,940,163,150 8.44%
Arlington $5,280,993,900 $5,654,880,000 $373,886,100 7.08%
Marysville $9,715,689,000 $10,549,656,990 $833,967,990 8.58%
Index $140,444,200 $157,008,700 $16,564,500 11.79%
Monroe $7,205,188,500 $7,779,850,520 $574,662,020 7.98%
Snohomish $10,521,715,100 $11,271,896,040 $750,180,940 7.13%
Lakewood $2,774,606,600 $3,007,583,500 $232,976,900 8.40%
Sultan $1,758,430,300 $1,932,628,100 $174,197,800 9.91%
Darrington $471,992,020 $518,572,600 $46,580,580 9.87%
Granite Falls $2,133,675,600 $2,281,965,400 $148,289,800 6.95%
Stanwood $3,219,772,300 $3,469,076,900 $249,304,600 7.74%
Northshore $12,803,487,600 $14,270,164,300 $1,466,676,700 11.46%
Total $142,396,939,434 $154,636,920,870 $12,239,981,436 8.60%

Source: Snohomish County assessor

Talk to us

More in Local News

Michael Jensen, left, and Nathan Jensen, right, pick up trash in their encampment that they being forced to clear out of by Parks Department the near Silver Lake on Wednesday, Jan. 23, 2019 in Everett, Wa. (Olivia Vanni / The Herald)
Annual homeless count could shed light on pandemic’s impact

Snohomish County canceled its 2021 point-in-time count. Officials hope this year’s will bring clarity.

Section of a tsunami high ground map. (Island County)
Tsunami warning fizzled, but future threat to Whidbey is real

State and county officials have long warned about the possibility of a tsunami striking the island.

Judge: Sex abuse of former Marysville student violated law

A woman sued the district last year, accusing a longtime art teacher of sexual abuse in the 1980s.

Darrell Cain, Pierce College Puyallup president and incoming Everett Community College interim president
Pierce College Puyallup president picked to lead EvCC for now

Everett Community College’s board chose Darrell Cain as its interim president.

Christian Sayre (Washington County Sheriff's Office)
$1 million bail for Everett bar owner charged with rapes

Christian Sayre, 35, owner of The Anchor Pub, was charged last week with 10 counts of felony sex crimes.

NO CAPTION NECESSARY: Logo for the Cornfield Report by Jerry Cornfield. 20200112
Democrats ready to ditch the other ‘grand bargain’ of 2021

Here’s what’s happening on Day 10 of the 2022 session of the Washington Legislature.

Photo by Emily Gilbert/Whidbey News-Times
Jonathan Kline said a museum would be coming in to take most of the pews from the former Jehovah's Witness church on Morris Road outside Coupeville. The Whidbey Homeless Coalition wants to turn the building into an overnight shelter.
Appeal filed against homeless shelter project near Coupeville

More than 300 neighbors signed a letter saying the location isn’t an appropriate place for the shelter.

Snohomish County Jail. (Sue Misao / Herald file)
As omicron surges, frustrations and challenges mount in correction facilities

More than 10% of those in state prisons are infected. “We’re kind of in this Twilight Zone cycle,” one prisoner said.

The entrance to the new free COVID vaccination site at the Everett Mall on Monday, Jan. 17, 2022. (Olivia Vanni / The Herald)
Free mass-vaccination site opens Tuesday at Everett Mall

Hundreds of appointments are up for grabs at the state-run site, which will offer initial doses, boosters and pediatric shots.

Most Read