2023 Property Reappraisal Guide
Ohio law requires the county auditor to update all property values countywide every three years to reflect recent changes in the marketplace. The 2023 mass reappraisal involves a visual exterior inspection of each property throughout Trumbull County.
ORC Section 5713.01 | County auditor shall be assessor - assessment procedure - employees.
ORC Section 5715.33 | Sexennial reappraisal - reassessment of improperly assessed property.
If you have a specific question about your value, you may call our office at 330-675-2895. The 2023 Property Tax Year filing season has ended. The BOR will begin accepting 2024 Property Tax Year complaints after the 2024 Property Values have been certified by the State.
How was my property value determined?
The 2023 reappraisal is market based and relative to other properties in the neighborhood. Additional characteristics used to establish property values include:
- Recent home sales in your neighborhood (or of your home) are one of the most significant factors.
- Neighborhood data is an important measure used by appraisers in determining home value.
- Physical characteristics such as age, size, condition, and home improvements will also affect market value.
Will the reappraisal affect my taxes?
Maybe. The process is not created to increase or decrease taxes; however, it may affect your taxes. The Trumbull County Auditor's Office is statutorily required to carry out the reappraisal and aims to complete the most accurate and fair property assessment possible.
As you may know, property taxes are established at the ballot box through your taxing district based on voter approval. Tax rate information can be found at: https://www.co.trumbull.oh.us/Auditor/Real-Estate/Tax-Rates
The Auditor does NOT raise your taxes.
For more information, see ORC. 5713.01-04 and Understanding Property Taxes in Ohio.
Frequently Asked Questions
The 2023 property reappraisal is a process required by Ohio state law through which a County Auditor updates the value of all properties in their county in an effort to accurately reflect property valuations since the last statutory update period. This valuation process includes individual exterior review of every property in addition to sales and general market conditions and is designed to ensure updated, fair, and equitable values. By reviewing individual property characteristics and basing values on appropriate sales that have occurred for similar properties in the same neighborhood, the Auditor can ensure property valuations reflect the current market and help ensure that similar properties are valued in a similar manner.
For more information see: Six Year Reappraisal
The state of Ohio Department of Taxation office establishes the final valuations and rates for all residential and commercial properties throughout Trumbull County.
For more information see: Six Year Reappraisal
The state of Ohio Department of Taxation office establishes the final valuations and rates for all residential and commercial properties throughout Trumbull County.
Ohio law requires the county Auditor to update all property values countywide every three years to reflect recent changes in the marketplace. This process is designed to equalize property valuations, ensuring they are up to date and related to the current market. While property value changes as a result of the reappraisal may result in changes to a property owner’s real estate taxes, it is neither the goal, nor the duty, of the Trumbull County Auditor to raise or lower taxes via a reappraisal. The only goal of the Trumbull County Auditor is to conduct the most fair and accurate assessment of property possible.
The state of Ohio Department of Taxation office establishes the final valuations and rates for all residential and commercial properties throughout Trumbull County.
The state of Ohio Department of Taxation office establishes the final valuations and rates for all residential and commercial properties throughout Trumbull County.
The 2023 Property Reappraisal is not intended to increase or decrease taxes, but to keep property values up to date with Trumbull County’s real estate market. While a change in value may impact your tax bill, that is not the goal. The only goal of the Trumbull County Auditor’s office is to complete the most accurate assessment of property possible.
As a result of a reappraisal, tax rates are adjusted to collect the same amount of revenue as was collected the year before on all voted millage. Additional revenue may only be raised with the approval of the voters. The only part of the tax rate which is allowed to rise or fall directly with value is referred to as inside millage and amounts to no more than 10 mills.
Understanding Property Taxes in Ohio.
As a result of a reappraisal, tax rates are adjusted to collect the same amount of revenue as was collected the year before on all voted millage. Additional revenue may only be raised with the approval of the voters. The only part of the tax rate which is allowed to rise or fall directly with value is referred to as inside millage and amounts to no more than 10 mills.
- Millage is equal to one dollar for each $1,000 of taxable valuation. In Ohio, property taxes are assessed on 35% of the appraised market value. The value on which taxes are assessed is known as the “taxable” or “assessed value”. For example, one mill levied on a home with a taxable value of $35,000 ($100,000 appraised market value) would generate $35.00 in revenue.
| If this... | Then this... |
|---|---|
| Your value change is the same as the average in your taxing district | Small change in taxes |
| Your value increases at the same rate as the average in your taxing district | Small change in taxes |
| Your value change decreases more than the average in your taxing district | Decrease in taxes |
| Your value decreases, but the average in your taxing district increases | Decrease in taxes |
| Your value decreases, but less than the average decline in your taxing district | Small increase in taxes |
| Your value increases more than other average increases in your taxing district | Increase in taxes |
A reappraisal involves a visual exterior inspection of property via street level and aerial photography, as well as in-person exterior inspections when needed. This includes assessing the condition of the property relative to other properties in the neighborhood and gathering data regarding changes (new construction, remodeling, etc.) that may have occurred since the last reappraisal. The information is then put into a computer model which determines the value for the property based on the property characteristics that were entered. The result of this computer-generated value is then measured against actual sales of properties similar to yours that occurred in the market.
A recent sale or recent sales of properties similar to yours are one of the most significant characteristics of real estate which drives its market value. Even if a home has not been on the market for many years – or has never been on the market – its new value will reflect recent sale prices of similar homes in its neighborhood. Additionally, location is an important measure used by appraisers in determining market values. Property is worth what someone will pay for it and market conditions may be different in each neighborhood. Finally, physical characteristics such as age and condition of the home and other attributes; square feet of living area; size of lot; finish in basements; number, type, size, and condition of outbuildings; number of baths; quality of workmanship and construction; style of home (one-story, two-story, bi-level, split-level); and recent substantial improvements will affect market value.
There is a direct correlation between your property value and recent sales of similar properties in your neighborhood. Essentially, recent sales provide an indicator of what the current fair market has determined the value of properties similar to yours should be. Ohio law considers a recent arms-length transaction as the single best indicator of value. The Trumbull County Auditor does not “chase” individual sales, but rather values properties based on the overall market for the neighborhood. For example, if three identical properties sold for $90,000, $100,000, and $110,000, we would arrive at a value of $100,000 for each property. Equal properties have an equal value regardless of the sales price.
All property owners are entitled to challenge their assessed values by filing a complaint with the Trumbull County Board of Revision (BOR). The BOR hears formal complaints about property values and is comprised of the County Auditor, Treasurer, and President of the Board of County Commissioners or their representative. After a property owner has filed a complaint and appears before the BOR, the BOR will review the complaint and determine if a change is warranted.
As part of the BOR complaint process, the property owner may request a mediation in an attempt to resolve the dispute before a formal BOR hearing is scheduled. Complaint forms will be available starting November 2023 in the Trumbull County Auditor’s office or online. All complaint forms are due to the Trumbull County Auditor’s office no later than April 1, 2024.
For more information on the BOR process, the rules for filing, and answers to other FAQs, please visit our BOR page.
As part of the BOR complaint process, the property owner may request a mediation in an attempt to resolve the dispute before a formal BOR hearing is scheduled. Complaint forms will be available starting November 2023 in the Trumbull County Auditor’s office or online. All complaint forms are due to the Trumbull County Auditor’s office no later than April 1, 2024.
For more information on the BOR process, the rules for filing, and answers to other FAQs, please visit our BOR page.
Under Ohio law, the vast majority of money paid for real estate taxes goes to fund local schools, local city and township governments, and other taxing agencies. Click here to see the break down of Local Government Revenue Impact