City Completes Residential and Commercial Property Revaluation

 The City of Portsmouth has recently undertaken a revaluation of all residential and commercial property for the purpose of establishing market value as of April 1, 2010.  All commercial, single family, condominiums, manufactured housing, multi family and vacant land parcels are complete. In addition,

• A list of final commercial and residential values, by location, can be downloaded here. (click here)*  
  
  
• A list of final commercial and residential values, by owner, can be downloaded here (click here)*  

  and a list is available at the Assessor’s Office.  These values reflect our opinion of the market value of your property as of April 1, 2010. 

• A list of residential sales is also available for download (click here).
  
  
• A list of commercial sales is also available for download (click here).   
  
  

  *List includes values from the Pease Airport District, which is not included in the City's net valuation and billed separately to the Pease Development Authority per the Municipal Services Agreement. 

     

FORMAL APPEAL PROCESS

Property owners who are dissatisfied with their assessments may ask the City of Portsmouth’s Assessor’s Office to review the value by filing an abatement application by March 1, 2011 with the Assessor’s Office after the actual first-half Fiscal Year 2011 tax bill is mailed in late October (payment is due by December 1, 2010).  The Assessor’s Office will review the abatement application and notify the property owner before July 1, 2011, of its decision.  Taxpayers who then wish to appeal the decision of the Assessor’s Office may file with either the State of New Hampshire Board of Tax and Land Appeals or Rockingham County Superior Court no later than September 1, 2011. 

Posted November 1, 2010