REAL PROPERTY ASSESSMENTS - City of Alexandria, Virginia

47 Pages·2008·8.44 MB·English

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CALENDAR YEAR 2008
REAL PROPERTY ASSESSMENTS
VtRDlmlIA
REAL ESTATE ASSESSMBNTS INP6RMATilON
CY 2008 0 VERALL CHANGES
Real Property assessments increased 4.02%
or $1.37 billion;
68% was due to appreciation ($94 1.0 million)
32% was new construction ($433.5 million)
@
CITY O I VIRGINIA
REAL ESTATE ASSESSMENTS INFORMATION
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CY 2008 0 VERALL CHANGES (cont
Residential Tax Base
=
+
Commercial Tax Base 12.1%
=
SCC Tax Base
=
+
New Growth 1.27% or $433.5 million
=
@
A--
C I T Y 01. V I R G I N I A
REAL ESTATE ASSESSMENTS INFORMATION
2008 Real Estate Tax Base
Commercial SCC
Vacant Land 2.5%
Single Family
38.7%
Hotel
.J
2.6% L
.,
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Residential Total Residential including
Vacant Land L' Condominium -
Multi-family 69.7 %
0.4% 17.6%
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REAL ESTATE ASSESSMENTS INFORMATION
Average Residential Assessed Value
Year
-c Single Family +Condominium
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CITY O F V I R G I N I A
REAL ESTATE ASSESSMENTS INFORMATION
Percentage Change in Residential Assessed Value
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Year
I I
-Single Family +-Condominium
Map Showing 2007 to 2008
Residential Property Appreciation
by Geographic Area
NOTES:
City of Alexandria, Vlrginia
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