{"id":50987,"date":"2021-07-29T14:37:00","date_gmt":"2021-07-29T21:37:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/news\/median-residential-proparty-values-up-17-8-in-kents-panther-lake\/"},"modified":"2021-07-30T10:06:41","modified_gmt":"2021-07-30T17:06:41","slug":"median-residential-proparty-values-up-17-8-in-kents-panther-lake","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/news\/median-residential-proparty-values-up-17-8-in-kents-panther-lake\/","title":{"rendered":"Median residential property values up 17.8% in Kent&#8217;s Panther Lake area"},"content":{"rendered":"<p>Median residential property values in the <a href=\"https:\/\/goo.gl\/maps\/hCD4kq4SHBv8n5K68\" target=\"_blank\" title=\"map\" rel=\"noopener noreferrer\">Panther Lake area of Kent<\/a> and Benson Hill area of Renton rose by 17.8% during 2020.<\/p>\n<p>The King County Assessor&rsquo;s Office is in the process of mailing annual property valuation notices to taxpayers. Notices to property owners will be arriving soon in many neighborhoods, according to a July 29 Assessor&rsquo;s Office news release.<\/p>\n<p>Each year, county assessors set values on every commercial and residential property value in the state. These values &#8211; set effective as of Jan. 1 by state law &#8211; are then applied to the next year&rsquo;s tax bill. Property values are being set as of Jan. 1, 2021, for taxes due in 2022.<\/p>\n<p>Data indicates that home sale prices and overall home values have risen sharply in most King County neighborhoods, despite the economic impacts of the COVID-19 pandemic.<\/p>\n<p>&ldquo;No one knew what to expect a little over a year ago when this public health emergency began,&rdquo; said Assessor John Wilson. &ldquo;Now it is clear that a primary impact on property values has been caused by homeowners not wanting to sell at this time, leading to reduced supply and big price and value increases.&rdquo;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>King County Assessor&rsquo;s Office releases latest numbers <\/p>\n","protected":false},"author":212,"featured_media":50988,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-50987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-news"],"_links":{"self":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/50987"}],"collection":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/users\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/comments?post=50987"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/50987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/50988"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=50987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=50987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=50987"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=50987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}