South county, rural areas see big increase in property values

EVERETT — Snohomish County property values saw big year-over-year gains in some rural areas and in heavily suburban south county, recent assessment notices show.

Property values within the Darrington School District rose 15.1 percent — more than anywhere else in the county. Values in the northeast corner of the county tumbled after the deadly Oso mudslide in 2014, but have rebounded better than expected, Assessor Linda Hjelle said.

“They’re seeing a larger increase as kind of a catch-up,” Hjelle said.

Properties within the Granite Falls School District had the next-largest increase of 10.8 percent. Hjelle sees that as a product of the real-estate market finally recovering from the recession. She believes similar forces are at play in the Monroe and Sultan school districts, where values went up 9.4 and 9.6 percent, respectively.

“For some of the east-county areas, I think it’s just that the market has been slower in coming back and now it is coming back,” Hjelle said. “That seems to be what the sales are showing us.”

Suburban communities in the southern part of the county are likely seeing increases from the hot housing market and scarcity of available homes, Hjelle said.

Values within the Edmonds School District increased by 10.6 percent compared to last year. In addition to Edmonds, the district encompasses Brier, Lynnwood, Mountlake Terrace and Woodway.

The Northshore School District, which covers the Bothell area, saw values increase about 9.5 percent.

Properties within the Everett School District rose by 7.6 percent, with communities farther north seeing slightly smaller increases.

The combined assessed value of homes and businesses reached $110.2 billion for the whole county.

The value of residential and commercial properties increased countywide by 8.6 percent as of Jan. 1, 2016, compared to a year earlier. The assessed values reflect last year’s real estate trends and don’t factor in the intense housing market of 2016.

The Assessor’s Office will use the information to calculate property taxes due in 2017. The office mailed assessment notices on June 24. People have 60 days to appeal values to the Board of Equalization.

Property-tax statements will be mailed next year, after local governments have passed their yearly budgets and after voters have a chance to decide property-tax measures on the Nov. 8 ballot.

Noah Haglund: 425-339-3465; Twitter: @NWhaglund.

Talk to us

More in Local News

Lynnwood’s car tab fee and utility tax on chopping block again

City Council members will talk about repealing them. If they do, the mayor is prepared to veto their actions.

Most of Compass Health’s clinical employees at the Marysville, Monroe and Snohomish sites will transfer to its Everett locations. (Sue Misao / The Herald)
Lawsuit blames counselor’s ‘unethical’ relationship for Marysville man’s death

Joshua Klick was referred to a counselor at Compass Health. Two years later he was shot and killed.

Smokey Point Boulevard stretch closed for crash investigation

The road was closed between 136th Street NE and 152nd Street NE after a possibly fatal collision.

Doug Ewing looks out over a small section of the Snohomish River that he has been keeping clean for the last ten years on Thursday, May 19, 2022, at the Oscar Hoover Water Access Site in Snohomish, Washington. Ewing scours the shorelines and dives into the depths of the river in search of trash left by visitors, and has removed 59 truckloads of litter from the quarter-mile stretch over the past decade. (Ryan Berry / The Herald)
Diving for trash in Snohomish River, biologist fills 59 pickup beds

At Thomas’ Eddy, Doug Ewing estimates he has collected 3,000 pounds of lead fishing weights. And that’s just one spot.

Melissa Batson unfurls a Groundhog Day flag designed by her niece Wednesday, May 11, 2022, at her home in Monroe, Washington. (Ryan Berry / The Herald)
Flags tell Monroe woman’s transgender journey — and more

The flagpole in her front yard is a visual for Facebook posts about who Melissa Batson is and how she got there.

Alyssa and Hart Bleifuss own and operate the newly opened Pie Dive Bar in Snohomish, Washington on May 17, 2022. (Kevin Clark / The Herald)
Pie Dive Bar opens in Snohomish. Yep, it’s exactly how it sounds.

Open a dive bar, but make it a late night pie bakery.

News logo for Food Forum. 20220418
A classic and simple recipe for sorrel soup

Visit your favorite farmers market to buy sorrel for this springtime recipe.

Wade Brickman works through a call with trainer Lars Coleman Friday afternoon at SNO911 in Everett, Washington on May 20, 2022. (Kevin Clark / The Herald)
‘Difference between life and death’: New 911 tech saves vital seconds

Snohomish County is the first in the nation to get the new technology, which reduces delays on emergency calls.

Nuno Taborda
Former Rolls Royce executive to lead Everett aerospace firm

magniX, which builds electric aircraft motors, has hired Nuno Taborda as its next CEO.

Most Read