2021 Property Appraisal Annual Valuation Report...Municipality of Anchorage | 2021 Property...

Municipality of Anchorage | 2021 Property Appraisal Annual Valuation ReportMunicipality of Anchorage | Department of Finance

2021 Property AppraisalAnnual Valuation Report

Photo: Chris Santilli

Municipality of Anchorage | 2021 Property Appraisal Annual Valuation Report

Overview of Real Property Assessment Process

DecOctSepAugJulyJuneAprMarFebJan May Nov

Valuation Analysis

2

ValuationExemptions

Inspections

Administer Exemptions

Appeals

Jan 1st, All taxable property assessed

New Construction

Municipality of Anchorage | 2021 Property Appraisal Annual Valuation Report 3

Total Taxable Value by Tax Year (in billions)

$0.0

$5.0

$10.0

$15.0

$20.0

$25.0

$30.0

$35.0

$40.0

Tota

l Tax

able

Val

ue

Tax Year

Real Property Personal Property

AV Taxable Chart

&"-,Bold"Source: Municipality of Anchorage Finance/Property Appraisal&D

Real Property80818283848586878889909192939495969798990001020304050607080910111213141516171819205.567.6910.812.71410.387.37.47.98.80000000000000079.19999999999999939.61010.311.511.712.912.913.815.217.219.220.523.626.71003213800000328.17339713900000228.63393044800000128.52135581200000328.83014882400000228.77026733500000329.23876924100000430.45389737800000131.73631675132.82135767900000232.88066758500000531.35549609600000331.77259489100000132.176885487Personal Property80818283848586878889909192939495969798990001020304050607080910111213141516171819200.70.70.80.90.91.61.61.51.21.10000000000000011.41.31.41.41.41.41.41.61.61.62.11.92.11.92.122.20000000000000022.55907338100000012.40742400700000042.8194182662.94232108000000012.76639172700000022.94447955000000013.08989170800000013.21847280400000013.30212822400000013.13464258900000032.95172696100000032.87919805100000042.89503269500000032.9413228660000001

Total Taxable Value

Data sheet

Tax Year198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021

Year808182838485868788899091929394959697989900010203040506070809101112131415161718192021YearMill

Real Property5.56.07.69.010.812.714.010.38.07.37.47.98.89.29.610.010.311.511.712.912.913.815.217.219.220.523.626.728.228.628.528.828.829.230.531.732.832.931.431.832.232.2197519.2

Personal Property0.70.70.80.90.91.61.61.51.21.11.41.31.41.41.41.41.41.61.61.62.11.92.11.92.12.02.22.62.42.82.92.82.93.13.23.33.13.02.92.92.92.9197620.4

Total6.26.78.49.911.714.315.611.89.28.48.89.210.210.611.011.411.713.113.314.515.015.717.319.121.322.525.829.330.631.531.531.631.732.333.735.036.035.834.234.735.135.20.0197717.2

Year808182838485868788899091929394959697989900010203040506070809101112131415161718192021197816.5

Ttl Real$ 26,710,032,138$ 28,173,397,139$ 28,633,930,448$ 28,521,355,812$ 28,830,148,824$ 28,770,267,335$ 29,238,769,241$ 30,453,897,378$ 31,736,316,751$ 32,821,357,679$ 32,880,667,585$ 31,355,496,096$ 31,772,594,891$ 32,176,885,487$ 32,221,610,908197913.8

Personal$ 2,559,073,381$ 2,407,424,007$ 2,819,418,266$ 2,942,321,080$ 2,766,391,727$ 2,944,479,550$ 3,089,891,708$ 3,218,472,804$ 3,302,128,224$ 3,134,642,589$ 2,951,726,961$ 2,879,198,051$ 2,895,032,695$ 2,941,322,866$ 2,941,322,866

J Gadamus, 2020: J Gadamus, 2020:using 2020 Value198012.1

Total$ 29,269,105,519$ 30,580,821,146$ 31,453,348,714$ 31,463,676,892$ 31,596,540,551$ 31,714,746,885$ 32,328,660,949$ 33,672,370,182$ 35,038,444,975$ 35,956,000,268$ 35,832,394,546$ 34,234,694,147$ 34,667,627,586$ 35,118,208,353$ 35,162,933,77419818.3

Source: Municipality of Anchorage/Department of Finance/Division of Property Appraisalokokokokok19827.2

Get from:19838.9

State Reports on File-100%19849.9

Mill Rate Data19859.4

Year757677787980818283848586878889909192939495969798990001020304050607080910111213141516171819198610.2

Mill19.220.417.216.513.812.18.37.28.99.99.410.213.416.418.618.518.218.316.71818.118.818.718.518.217.81817.216.716.216.315.314.514.915.515.215.515.615.61514.714.915.716.416.4198713.4

198816.4

198918.6

2018 TOP 200 TAXPAYERS BY TOTAL VALUE20$ 1,407,238,396$ 685,673,323$ 2,092,911,719$ 33,064,637TOTALS199018.5

RANKOWNER NAME OWNER ADDRESS PARCELS REAL PERSONAL TOTAL TAXESCITY199118.2

1CALAIS CO INC PO BOX 93288 34$205,086,000$0$205,086,000$3,179,415ANCHORAGE $205.09199218.3

2GCI COMMUNICATION CORP 2550 DENALI ST STE 1000 3$2,176,100$199,977,172$202,153,272$2,964,815ANCHORAGE $202.15199316.7

3ACS OF ANCHORAGE INC 600 TELEPHONE AVE MS#8 10$38,468,000$131,504,627$169,972,627$2,550,389ANCHORAGE $169.97199418

4GALEN HOSPITAL ALASKA INC PO BOX 80610 46$114,117,000$32,291,668$146,408,668$2,280,850INDIANAPOLIS $146.41199518.1

5FRED MEYER STORES INC 1014 VINE ST PROP TAX 7TH FLR 7$82,631,400$60,976,627$143,608,027$2,189,793CINCINNATI $143.61199618.8

6WEC 2000A-ALASKA LLC PO BOX 100360 1$101,505,800$34,411,628$135,917,428$2,122,761ANCHORAGE $135.92199718.7

7ENSTAR NATURAL GAS COMPANY PO BOX 190288 11$12,990,300$107,056,249$120,046,549$1,725,807ANCHORAGE $120.05199818.5

8NORTH ANCHORAGE REAL ESTATE 1556 PARKSIDE DR 25$98,862,000$0$98,862,000$1,607,540WALNUT CREEK $98.86199918.2

9HICKEL INVESTMENT CO 939 W 5TH AVE 32$91,892,800$4,318,654$96,211,454$1,507,948ANCHORAGE $96.21200017.8

10SISTERS OF PROVIDENCE & PO BOX 24883 3$93,712,896$0$93,712,896$1,552,045SEATTLE $93.71200118

11ALASKA AIRLINES INC PO BX 68900 5$45,693,200$36,389,910$82,083,110$1,135,289SEATTLE $82.08200217.2

12BPAK001 LLC PO BOX 941709 1$77,890,300$0$77,890,300$1,278,525HOUSTON $77.89200316.7

13ANCHORAGE FUELING & SVC CO PO BOX 190246 5$33,787,500$43,417,401$77,204,901$1,682,268ANCHORAGE $77.20200416.2

14DIMOND CENTER HOLDINGS LLC 800 E DIMOND BLVD #3-500 5$74,229,500$0$74,229,500$1,201,532ANCHORAGE $74.23200516.3

15JL OFFICE TOWER LLC 813 D STREET #200 1$67,801,300$170,246$67,971,546$1,124,453ANCHORAGE $67.97200615.3

16COLUMBIA PROPERTIES 740 CENTRE VIEW BLVD 1$65,981,800$0$65,981,800$1,029,665CRESTVIEW HILLS $65.98200714.5

17COSTCO WHOLESALE CORPORATION 999 LAKE DR 3$28,897,800$35,159,141$64,056,941$994,612ISSAQUAH $64.06200814.9

18ALASKA USA FEDERAL PO BOX 196020 12$59,049,100$0$59,049,100$972,445ANCHORAGE $59.05200915.5

19CP ANCHORAGE HOTEL 2 LLC 740 CENTRE VIEW BLVD 1$57,849,500$0$57,849,500$1,061,534CRESTVIEW HILLS $57.85201015.2

203601 C STREET LLC 2620 2ND AVE 1$54,616,100$0$54,616,100$902,951SEATTLE $54.62201115.5

201215.6

201315.6

201415

201514.7

201614.9

201715.7

201816.4

2019

2020

Real Property1980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020215.567.6910.812.71410.387.37.47.98.80000000000000079.19999999999999939.61010.311.511.712.912.913.815.217.219.220.523.626.71003213800000328.17339713900000228.63393044800000128.52135581200000328.83014882400000228.77026733500000329.23876924100000430.45389737800000131.73631675132.82135767900000232.88066758500000531.35549609600000331.77259489100000132.17688548732.221610908000002Personal Property1980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020210.70.70.80.90.91.61.61.51.21.10000000000000011.41.31.41.41.41.41.41.61.61.62.11.92.11.92.122.20000000000000022.55907338100000012.40742400700000042.8194182662.94232108000000012.76639172700000022.94447955000000013.08989170800000013.21847280400000013.30212822400000013.13464258900000032.95172696100000032.87919805100000042.89503269500000032.94132286600000012.9413228660000001

Tax Year

Total Taxable Value


Total vs. Taxable ValueTotal Value by Property Type

(≈$46.9B)

4

Taxable Value by Property Type (≈$35.2B)

62% 30%

8%

ResidentialCommercialPersonal Property

57%

22%

6%

11%

4%ResidentialCommercialPersonal PropertyGovernmentNon Government

Total Chart

ResidentialCommercialPersonal PropertyGovernmentNon Government0.569796685270439140.222133908908062146.2679568546201464E-20.108693368576574233.6696468698723075E-2

Taxable Chart

ResidentialCommercialPersonal Property0.621448747435223050.295902860627274338.364839193750262E-2

Numbers

Prop Appraisal Internal CategoriesLand UseUserNominal Assessed Value By Use% TtlNominal TaxableTaxable Value%Ttl

ResidentialResResidential$ 26,738,474,087$ 26.726.73847408757%$ 21,851,961,150$ 21.921.8519611562%

CommercialOff/Ind/MF/Ret/etc.Commercial$ 10,423,931,765$ 10.410.42393176522%$ 10,369,649,758$ 10.410.36964975830%

Gadamus, Jack J: Gadamus, Jack J:NOTE! I added a +.001 to make it 31% so it adds to 100%

Personal PropertyEtc./ResPersonal Property$ 2,941,322,866$ 2.92.9413228666%$ 2,941,322,866$ 2.92.9413228668%

GovernmentOff/Ind/Etc.Government$ 5,100,582,180$ 5.15.1005821811%$ - 00

Other*VarietyNon Government$ 1,722,031,038$ 1.71.7220310384%$ - 00

Total$ 46,926,341,936.0$ 46.9100%$ 35,162,933,774.0$ 35.16100%

Government

Non Government

3329-02

M U N I C IP A L I T Y O FA N C H O R A GEPAGE 1

12/19/20 ANCH-GAS3329-02PROPERTYAPPRAISAL --- BALANCING PROCEDURES2021 VALUE YEAR

EXEMPTION SUMMARYBY TYPE2021 STATE CREDIT YEAR

EXEMPTNO2020 UTIL INFRASTRUCT

EXEMPT TYPEEXEMPT LANDEXEMPT BLDGEXEMPT LINEEXEMPT TOTALTypeCOUNTPARCELS

UTILITY44,397,30012,815,00057,212,30057,212,300Government8282

CEMETERY16,753,8001,257,90018,011,70018,011,700Non Government2121

COOK INLET HS18,912,90034,752,50053,665,40053,665,400Non Government9696

EDUCATION ST74,555,700262,021,500336,577,200336,577,200Government3333

EDUCATION PRI42,213,10055,902,16598,115,26598,115,265Non Government7575

VETERANS ORGS7,313,4004,358,00011,671,40011,671,400Non Government1717

HOSPITAL27,604,039329,251,767356,855,806356,855,806Non Government55

DETERIORATED0000Non Government00

ECONOMIC DEV07,445,7117,445,7117,445,711Non Government11

RELIGS HOUSNG1,959,8004,940,6006,900,4006,900,400Non Government2020

UNKNOWN290,7000290,700290,700Government33

UNKNOWN0000Government00

UNKNOWN3,192,84403,192,8443,192,844Government2525

CHARTER SCHOO6,085,5759,242,63815,328,21315,328,213Non Government66


RELIGION132,698,310284,748,295417,446,605417,446,605Non Government419419

STATE521,570,166323,451,070845,021,236845,021,236Government1,0041,004

FEDERAL270,467,500793,488,3001,063,955,8001,063,955,800Government205205

MUNICIPALITY1,539,798,400603,527,5002,143,325,9002,143,325,900Government1,8101,810

NATIVE148,319,48361,614,300209,933,783209,933,783Non Government459459

CHARITABLE131,006,709365,161,851496,168,560496,168,560Non Government304304

COMMUNITY PUR11,241,09019,247,10530,488,19530,488,195Non Government2424

SPRINKLER0000Non Government00

EDUCATION96,775,600554,230,600651,006,200651,006,200Government6666

GRAND TOTALS3,095,156,4163,727,456,8026,822,613,2186,822,613,2184,6754,675

3329-05

MU N I C I P A LI T Y O FA N C H O R A GEPAGE 1

12/19/20 ANCH-GAS3329-05PROPERTY APPRAISAL --- BALANCING PROCEDURES2021 VALUEYEAR

CAMA FILETOTALS BY TAX DISTRICT2021 STATECREDIT YEAR

TAX DISTRICT ALL2020 UTILINFRASTRUCT

REC COUNTTOTAL LANDTOTAL BLDGNET FOR TAXSTATE CREDITRESID CREDITTAXABLE VALUE

TOTAL97,837$ 11,461,265,184$ 25,701,140,668$ 37,162,405,852$ 2,692,750,933$ 2,248,044,011$ 32,221,610,908

RESIDENTIAL87,058$ 7,869,118,303$ 18,869,355,784$ 26,738,474,087$ 2,659,431,257$ 2,227,081,680$ 21,851,961,150

SINGLE FAMILY48,005$ 5,835,905,360$ 12,857,385,400$ 18,693,290,760$ 1,985,912,641$ 1,657,162,980$ 15,050,215,139Ave. Value Home

ZERO LOT LINE5,534$ 458,219,000$ 843,172,700$ 1,301,391,700$ 147,285,078$ 141,675,360$ 1,012,431,262Count56,799

PATIO HOME3,260$ 284,038,000$ 655,287,000$ 939,325,000$ 79,049,184$ 93,815,840$ 766,459,976Total Value$ 20,934,007,460

DUPLEX4,676$ 524,238,200$ 1,201,040,600$ 1,725,278,800$ 96,943,263$ 88,865,060$ 1,539,470,477Ave. Value Home$ 368,563

TRIPLEX637$ 68,844,400$ 188,769,400$ 257,613,800$ 10,530,227$ 9,609,740$ 237,473,833

CONDO15,230$ - 0$ 2,965,822,200$ 2,965,822,200$ 303,218,921$ 218,202,820$ 2,444,400,459$ 360,934

MOBILE HOME708$ 70,809,440$ 23,674,484$ 94,483,924$ 21,556,750$ 4,983,340$ 67,943,8342.1%

VACANT6,947$ 483,322,815$ 807,500$ 484,130,315$ 216,900$ 21,760$ 483,891,655

OTHER2,061$ 143,741,088$ 133,396,500$ 277,137,588$ 14,718,293$ 12,744,780$ 249,674,515

COMMERCIAL10,779$ 3,592,146,881$ 6,831,784,884$ 10,423,931,765$ 33,319,676$ 20,962,331$ 10,369,649,758

FARM- 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0

HOTEL78$ 102,918,400$ 559,800,700$ 662,719,100$ - 0$ - 0$ 662,719,100

RETAIL703$ 731,749,428$ 753,057,433$ 1,484,806,861$ 150,000$ 35,300$ 1,484,621,561

OFFICE703$ 493,680,457$ 1,465,946,519$ 1,959,626,976$ - 0$ - 0$ 1,959,626,976

INDUSTRIAL1,430$ 760,307,307$ 1,445,204,929$ 2,205,512,236$ 406,700$ 199,800$ 2,204,905,736

UTILITY INFRASTRUCT113$ - 0$ 169,167,370$ 169,167,370$ - 0$ - 0$ 169,167,370

CONDO880$ 2,009,100$ 251,131,300$ 253,140,400$ - 0$ 32,040$ 253,108,360

FOURPLEX1,699$ 170,091,800$ 608,714,600$ 778,806,400$ 9,878,286$ 14,147,640$ 754,780,474

APARTMENT930$ 180,586,619$ 810,618,893$ 991,205,512$ 21,185,768$ 5,659,891$ 964,359,853

MOBILE HOME PARK69$ 62,473,000$ 69,743,600$ 132,216,600$ - 0$ - 0$ 132,216,600

VACANT1,607$ 334,718,800$ 3,188,250$ 337,907,050$ - 0$ - 0$ 337,907,050

AUTOMOTIVE1,386$ 493,166,034$ 228,812,446$ 721,978,480$ 150,000$ 38,680$ 721,789,800

FOOD/BEVERAGE213$ 116,183,800$ 71,729,300$ 187,913,100$ - 0$ - 0$ 187,913,100

OTHER968$ 144,262,136$ 394,669,544$ 538,931,680$ 1,548,922$ 848,980$ 536,533,778

LEASE MASTERS 415

CONDO MASTERS 1,468

Total Chart

ResidentialCommercialPersonal PropertyGovernmentNon Government0.569796685270439140.222133908908062146.2679568546201464E-20.108693368576574233.6696468698723075E-2

Taxable Chart

ResidentialCommercialPersonal Property0.621448747435223050.294902860627274338.364839193750262E-2

Numbers

Prop Appraisal Internal CategoriesLand UseUserNominal Assessed Value By Use% TtlNominal TaxableTaxable Value%Ttl

ResidentialResResidential$ 26,738,474,087$ 26.726.73847408757%$ 21,851,961,150$ 21.921.8519611562%

CommercialOff/Ind/MF/Ret/etc.Commercial$ 10,423,931,765$ 10.410.42393176522%$ 10,369,649,758$ 10.410.36964975829%

Gadamus, Jack J: Gadamus, Jack J:NOTE! I added a +.001 to make it 31% so it adds to 100%

Personal PropertyEtc./ResPersonal Property$ 2,941,322,866$ 2.92.9413228666%$ 2,941,322,866$ 2.92.9413228668%

GovernmentOff/Ind/Etc.Government$ 5,100,582,180$ 5.15.1005821811%$ - 00

Other*VarietyNon Government$ 1,722,031,038$ 1.71.7220310384%$ - 00

Total$ 46,926,341,936.0$ 46.9100%$ 35,162,933,774.0$ 35.16100%

Government

Non Government

3329-02

M U N I C IP A L I T Y O FA N C H O R A GEPAGE 1

12/19/20 ANCH-GAS3329-02PROPERTYAPPRAISAL --- BALANCING PROCEDURES2021 VALUE YEAR

EXEMPTION SUMMARYBY TYPE2021 STATE CREDIT YEAR

EXEMPTNO2020 UTIL INFRASTRUCT

EXEMPT TYPEEXEMPT LANDEXEMPT BLDGEXEMPT LINEEXEMPT TOTALTypeCOUNTPARCELS

UTILITY44,397,30012,815,00057,212,30057,212,300Government8282

CEMETERY16,753,8001,257,90018,011,70018,011,700Non Government2121

COOK INLET HS18,912,90034,752,50053,665,40053,665,400Non Government9696

EDUCATION ST74,555,700262,021,500336,577,200336,577,200Government3333

EDUCATION PRI42,213,10055,902,16598,115,26598,115,265Non Government7575

VETERANS ORGS7,313,4004,358,00011,671,40011,671,400Non Government1717

HOSPITAL27,604,039329,251,767356,855,806356,855,806Non Government55

DETERIORATED0000Non Government00

ECONOMIC DEV07,445,7117,445,7117,445,711Non Government11

RELIGS HOUSNG1,959,8004,940,6006,900,4006,900,400Non Government2020

UNKNOWN290,7000290,700290,700Government33


UNKNOWN3,192,84403,192,8443,192,844Government2525

CHARTER SCHOO6,085,5759,242,63815,328,21315,328,213Non Government66


RELIGION132,698,310284,748,295417,446,605417,446,605Non Government419419

STATE521,570,166323,451,070845,021,236845,021,236Government1,0041,004

FEDERAL270,467,500793,488,3001,063,955,8001,063,955,800Government205205

MUNICIPALITY1,539,798,400603,527,5002,143,325,9002,143,325,900Government1,8101,810

NATIVE148,319,48361,614,300209,933,783209,933,783Non Government459459

CHARITABLE131,006,709365,161,851496,168,560496,168,560Non Government304304

COMMUNITY PUR11,241,09019,247,10530,488,19530,488,195Non Government2424

SPRINKLER0000Non Government00

EDUCATION96,775,600554,230,600651,006,200651,006,200Government6666

GRAND TOTALS3,095,156,4163,727,456,8026,822,613,2186,822,613,2184,6754,675

3329-05

MU N I C I P A LI T Y O FA N C H O R A GEPAGE 1

12/19/20 ANCH-GAS3329-05PROPERTY APPRAISAL --- BALANCING PROCEDURES2021 VALUEYEAR




TOTAL97,837$ 11,461,265,184$ 25,701,140,668$ 37,162,405,852$ 2,692,750,933$ 2,248,044,011$ 32,221,610,908

RESIDENTIAL87,058$ 7,869,118,303$ 18,869,355,784$ 26,738,474,087$ 2,659,431,257$ 2,227,081,680$ 21,851,961,150

SINGLE FAMILY48,005$ 5,835,905,360$ 12,857,385,400$ 18,693,290,760$ 1,985,912,641$ 1,657,162,980$ 15,050,215,139Ave. Value Home

ZERO LOT LINE5,534$ 458,219,000$ 843,172,700$ 1,301,391,700$ 147,285,078$ 141,675,360$ 1,012,431,262Count56,799

PATIO HOME3,260$ 284,038,000$ 655,287,000$ 939,325,000$ 79,049,184$ 93,815,840$ 766,459,976Total Value$ 20,934,007,460

DUPLEX4,676$ 524,238,200$ 1,201,040,600$ 1,725,278,800$ 96,943,263$ 88,865,060$ 1,539,470,477Ave. Value Home$ 368,563

TRIPLEX637$ 68,844,400$ 188,769,400$ 257,613,800$ 10,530,227$ 9,609,740$ 237,473,833

CONDO15,230$ - 0$ 2,965,822,200$ 2,965,822,200$ 303,218,921$ 218,202,820$ 2,444,400,459$ 360,934

MOBILE HOME708$ 70,809,440$ 23,674,484$ 94,483,924$ 21,556,750$ 4,983,340$ 67,943,8342.1%

VACANT6,947$ 483,322,815$ 807,500$ 484,130,315$ 216,900$ 21,760$ 483,891,655

OTHER2,061$ 143,741,088$ 133,396,500$ 277,137,588$ 14,718,293$ 12,744,780$ 249,674,515

COMMERCIAL10,779$ 3,592,146,881$ 6,831,784,884$ 10,423,931,765$ 33,319,676$ 20,962,331$ 10,369,649,758

FARM- 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0

HOTEL78$ 102,918,400$ 559,800,700$ 662,719,100$ - 0$ - 0$ 662,719,100

RETAIL703$ 731,749,428$ 753,057,433$ 1,484,806,861$ 150,000$ 35,300$ 1,484,621,561

OFFICE703$ 493,680,457$ 1,465,946,519$ 1,959,626,976$ - 0$ - 0$ 1,959,626,976

INDUSTRIAL1,430$ 760,307,307$ 1,445,204,929$ 2,205,512,236$ 406,700$ 199,800$ 2,204,905,736

UTILITY INFRASTRUCT113$ - 0$ 169,167,370$ 169,167,370$ - 0$ - 0$ 169,167,370

CONDO880$ 2,009,100$ 251,131,300$ 253,140,400$ - 0$ 32,040$ 253,108,360

FOURPLEX1,699$ 170,091,800$ 608,714,600$ 778,806,400$ 9,878,286$ 14,147,640$ 754,780,474

APARTMENT930$ 180,586,619$ 810,618,893$ 991,205,512$ 21,185,768$ 5,659,891$ 964,359,853

MOBILE HOME PARK69$ 62,473,000$ 69,743,600$ 132,216,600$ - 0$ - 0$ 132,216,600

VACANT1,607$ 334,718,800$ 3,188,250$ 337,907,050$ - 0$ - 0$ 337,907,050

AUTOMOTIVE1,386$ 493,166,034$ 228,812,446$ 721,978,480$ 150,000$ 38,680$ 721,789,800

FOOD/BEVERAGE213$ 116,183,800$ 71,729,300$ 187,913,100$ - 0$ - 0$ 187,913,100

OTHER968$ 144,262,136$ 394,669,544$ 538,931,680$ 1,548,922$ 848,980$ 536,533,778

LEASE MASTERS 415

CONDO MASTERS 1,468


Taxable Value (in billions)

5

Real PropertySingle Family $16.83Condo $2.442-3 Unit Multifamily $1.78Vacant/Other Resi. $0.80Industrial $3.10Office $1.96Retail/Food & Bev. $1.674+ Unit Multifamily $1.72Vacant/Other Comcl. $1.26Hotel $0.66

Personal Property

Com

mer

cial

(3

0%)

Resid

entia

l (6

2%)

Business $2.70Oil & Gas $0.15Mobile Home $0.09

Total $35.16

(8%)

Slide Show

Real Property

Residential (62%)Single Family$16.83$16,829$16,829

Condo$2.44$2,444$2,444

2-3 Unit Multifamily$1.78$1,777$1,777

Vacant/Other Resi.$0.80$802$802

Commercial (30%)Industrial$3.10$3,096$3,096

Office$1.96$1,960$1,960

Retail/Food & Bev.$1.67$1,673$1,673

4+ Unit Multifamily$1.72$1,719$1,719

Vacant/Other Comcl.$1.26$1,260$1,260

Hotel$0.66$663$663

Personal Property$0

(8%)Business$2.70$2,696$2,696

Oil & Gas$0.15$152$152

Mobile Home$0.09$93$93

Total$35.16$35,164

CAMA FILE TOTALS05

M U N I C I P A L I T Y O F A N C H O R A G EPAGE 1

12/18/19ANCH-GAS3329-05PROPERTY APPRAISAL --- BALANCING PROCEDURES2020 VALUE YEAR

CAMA FILE TOTALS BY TAX DISTRICT2020 STATE CREDIT YEARM UN I C I P A LI T Y O F AN C H O R A G EPAGE 1

TAX DISTRICT ALL2019 UTIL INFRASTRUCT12/19/20-5PROPERTY APPRAISAL --- BALANCING PROCEDURES2021 VALUEYEAR



TYPESUB-TYPERECORD COUNTTOTAL LANDTOTAL BLDGNET FOR TAXSTATE CREDITRESID CREDITTAXABLE VALUESub-Category

ResidentialSINGLE FAMILY47,8835,835,905,36012,857,385,40018,693,290,7601,985,912,6411,657,162,98015,050,215,139Single FamilyREC COUNTTOTAL LANDTOTAL BLDGNET FOR TAXSTATE CREDITRESID CREDITTAXABLE VALUE

ResidentialZERO LOT LINE5,534458,219,000843,172,7001,301,391,700147,285,078141,675,3601,012,431,262Single Family

ResidentialPATIO HOME3,261284,038,000655,287,000939,325,00079,049,18493,815,840766,459,976Single Family

ResidentialDUPLEX4,668524,238,2001,201,040,6001,725,278,80096,943,26388,865,0601,539,470,4772-3 Unit MultifamilyTotal97,83711,461,265,18425,701,140,66837,162,405,8522,692,750,9332,248,044,01132,221,610,908

ResidentialTRIPLEX63368,844,400188,769,400257,613,80010,530,2279,609,740237,473,8332-3 Unit Multifamily

ResidentialCONDO-R15,18902,965,822,2002,965,822,200303,218,921218,202,8202,444,400,459CondoResidential87,0587,869,118,30318,869,355,78426,738,474,0872,659,431,2572,227,081,68021,851,961,150

ResidentialMOBILE HOME72170,809,44023,674,48494,483,92421,556,7504,983,34067,943,834Vacant/Other Resi.SINGLE FAMILY48,0055,835,905,36012,857,385,40018,693,290,7601,985,912,6411,657,162,98015,050,215,139

ResidentialVACANT-R7,007483,322,815807,500484,130,315216,90021,760483,891,655Vacant/Other Resi.ZERO LOT LINE5,534458,219,000843,172,7001,301,391,700147,285,078141,675,3601,012,431,262

ResidentialOTHER-R2,067143,741,088133,396,500277,137,58814,718,29312,744,780249,674,515Vacant/Other Resi.PATIO HOME3,260284,038,000655,287,000939,325,00079,049,18493,815,840766,459,976

CommercialFARM0000000Vacant/Other Comcl.DUPLEX4,676524,238,2001,201,040,6001,725,278,80096,943,26388,865,0601,539,470,477

CommercialHOTEL80102,918,400559,800,700662,719,10000662,719,100HotelTRIPLEX63768,844,400188,769,400257,613,80010,530,2279,609,740237,473,833

CommercialRETAIL701731,749,428753,057,4331,484,806,861150,00035,3001,484,621,561Retail/Food & Bev.CONDO-R15,23002,965,822,2002,965,822,200303,218,921218,202,8202,444,400,459

CommercialOFFICE704493,680,4571,465,946,5191,959,626,976001,959,626,976OfficeMOBILE HOME70870,809,44023,674,48494,483,92421,556,7504,983,34067,943,834

CommercialINDUSTRIAL1,424760,307,3071,445,204,9292,205,512,236406,700199,8002,204,905,736IndustrialVACANT-R6,947483,322,815807,500484,130,315216,90021,760483,891,655

CommercialUTILITY INFRASTRUCT1120169,167,370169,167,37000169,167,370IndustrialOTHER-R2,061143,741,088133,396,500277,137,58814,718,29312,744,780249,674,515

CommercialCONDO-C8582,009,100251,131,300253,140,400032,040253,108,360Vacant/Other Comcl.

CommercialFOURPLEX1,699170,091,800608,714,600778,806,4009,878,28614,147,640754,780,4744+ Unit Multifamily

CommercialAPARTMENT926180,586,619810,618,893991,205,51221,185,7685,659,891964,359,8534+ Unit MultifamilyCommercial10,7793,592,146,8816,831,784,88410,423,931,76533,319,67620,962,33110,369,649,758

CommercialMOBILE HOME PARK6962,473,00069,743,600132,216,60000132,216,600Vacant/Other Comcl.FARM0000000

CommercialVACANT-C1,633334,718,8003,188,250337,907,05000337,907,050Vacant/Other Comcl.HOTEL78102,918,400559,800,700662,719,10000662,719,100

CommercialAUTOMOTIVE1,395493,166,034228,812,446721,978,480150,00038,680721,789,800IndustrialRETAIL703731,749,428753,057,4331,484,806,861150,00035,3001,484,621,561

CommercialFOOD/BEVERAGE214116,183,80071,729,300187,913,10000187,913,100Retail/Food & Bev.OFFICE703493,680,4571,465,946,5191,959,626,976001,959,626,976

CommercialOTHER-C962144,262,136394,669,544538,931,6801,548,922848,980536,533,778Vacant/Other Comcl.INDUSTRIAL1,430760,307,3071,445,204,9292,205,512,236406,700199,8002,204,905,736

97,74011,461,265,18425,701,140,66837,162,405,8522,692,750,9332,248,044,01132,221,610,908TotalsUTILITY INFRASTRUCT1130169,167,370169,167,37000169,167,370

-23,791,596CONDO-C8802,009,100251,131,300253,140,400032,040253,108,360

Personal PropertyBusiness2,696,050,977$ 2,696,050,977BusinessFOURPLEX1,699170,091,800608,714,600778,806,4009,878,28614,147,640754,780,474

Oil & Gas152,044,560$ 152,044,560Oil & GasAPARTMENT930180,586,619810,618,893991,205,51221,185,7685,659,891964,359,853

Mobile Home93,227,329$ 93,227,329Mobile HomeMOBILE HOME PARK6962,473,00069,743,600132,216,60000132,216,600

VACANT-C1,607334,718,8003,188,250337,907,05000337,907,050

AUTOMOTIVE1,386493,166,034228,812,446721,978,480150,00038,680721,789,800

FOOD/BEVERAGE213116,183,80071,729,300187,913,10000187,913,100

OTHER-C96800%14426213600%394,669,544538,931,6801,548,922848,980536,533,778

Lease MASTERS415

CONDO MASTERS1,468

OTHER-C

ExempsByType02

M U N I CI P A L I T Y OF A N C H O R AG EPAGE 1

12/18/19 ANCH-GAS3329-02PROPERTY APPRAISAL --- BALANCING PROCEDURES2020 VALUE YEAR

EXEMPTION SUMMARY BY TYPE2020 STATE CREDIT YEAR

EXEMPTNO 2019 UTIL INFRASTRUCT

EXEMPT TYPEEXEMPT LANDEXEMPT BLDGEXEMPT LINEEXEMPT TOTALCOUNTPARCELS

UTILITY44,136,10013,453,70057,589,80057,589,8008484

CEMETERY16,482,0001,310,70017,792,70017,792,7002121

COOK INLET HS18,777,30036,547,10055,324,40055,324,4009494

EDUCATION ST73,426,900265,511,000338,937,900338,937,9003333

EDUCATION PRI41,637,99557,821,88099,459,87599,459,8757575

VETERANS ORGS7,175,7004,748,00011,923,70011,923,7001717

HOSPITAL27,052,341335,134,430362,186,771362,186,77155

DETERIORATED000000

ECONOMIC DEV000000

RELIGS HOUSNG1,122,7002,908,0004,030,7004,030,7001212

ROW290,7000290,700290,70033

SUBDIVISION000000

DOWNTWN RES000000

CHARTER SCHOOL5,990,4089,404,43915,394,84715,394,84766

UNKNOWN000000

RELIGION130,629,089282,758,235413,387,324413,387,324413413

STATE516,743,804338,426,970855,170,774855,170,7741,0091,009

FEDERAL269,529,000853,287,3001,122,816,3001,122,816,300206206

MUNICIPALITY1,511,292,400625,186,4002,136,478,8002,136,478,80018201820

NATIVE148,000,52261,737,900209,738,422209,738,422460460

CHARITABLE126870755365889584492760338492760339301301

COMMUNITY PUR11,670,38720,846,60332,516,99032,516,9902525

SPRINKLER000000

EDUCATION96,416,600557,507,500653,924,100653,924,1006666

GRAND TOTALS304724470138324797416879724441687972444246504650

EXEMPT

EXEMPT TYPEUTILITYCEMETERYCOOK INLET HSEDUCATION STEDUCATION PRIVETERANS ORGSHOSPITALDETERIORATEDECONOMIC DEVRELIGS HOUSNGROWSUBDIVISIONDOWNTWN RESCHARTER SCHOOLUNKNOWNRELIGIONSTATEFEDERAL084219433751750012300604131009206

EXEMPT TYPEUTILITYCEMETERYCOOK INLET HSEDUCATION STEDUCATION PRIVETERANS ORGSHOSPITALDETERIORATEDECONOMIC DEVRELIGS HOUSNGROWSUBDIVISIONDOWNTWN RESCHARTER SCHOOLUNKNOWNRELIGIONSTATEFEDERAL05758980017792700553244003389379009945987511923700362186771004030700290700001539484704133873248551707741122816300

Personal Property

GPPW010012-18-2019Data

Assessed ValueMillionsCount

Business2,661,805,4202,661.84,532

Oil & Gas139,465,900139.551

Mobile Home93,761,37593.83,680

Personal Property2,895,032,6952,895.08,263

CAMATOTALSPIVOT

Sum of NET FOR TAX

TYPESUB-TYPERECORD COUNTTotal

CommercialAPARTMENT9261,034,449,728

AUTOMOTIVE1,395722,778,653

CONDO858250,922,377

FARM- 0- 0

FOOD/BEVERAGE214198,571,600

FOURPLEX1,699769,384,900

HOTEL80747,458,100

INDUSTRIAL1,4242,211,171,548

MOBILE HOME PARK69127,576,100

OFFICE7042,042,045,123

RETAIL7011,588,446,958

UTILITY INFRASTRUCT112164,959,921

VACANT1,633332,929,796

ResidentialCONDO15,1892,920,035,600

DUPLEX4,6681,734,399,300

MOBILE HOME72196,167,710

PATIO HOME3,261938,787,400

SINGLE FAMILY47,88318,227,137,329

TRIPLEX633258,746,000

VACANT7,007494,580,698

ZERO LOT LINE5,5341,291,075,900


Exemptions by Type (in millions)

6

Mandatory (State)

Seniors/Disabled Vets $2,693Municipality $2,143Education $1,086Federal $1,064State $845Charitable $496Religion $424Non-profit Hospital $357Native $210Other $132Veterans Orgs $12

Optional (Local)

Residential $2,248Personal Property $62Community Purpose $30Charter Schools $15Economic Dev $7

ExempsByType02

M U N I C I P A L I T Y O F A N C H O R A G E PAGE 1

12/19/20 ANCH-GAS3329-02 PROPERTY APPRAISAL --- BALANCING PROCEDURES 2021 VALUE YEAR

EXEMPTION SUMMARY BY TYPE 2021 STATE CREDIT YEAR

EXEMPT NO 2020 UTIL INFRASTRUCT

EXEMPT TYPEEXEMPT LANDEXEMPT BLDGEXEMPT LINEEXEMPT TOTALCOUNTPARCELS

UTILITY44,397,30012,815,00057,212,30057,212,3008282

CEMETERY16,753,8001,257,90018,011,70018,011,7002121

Broad CategoryMandatory?EXEMPT TYPEEXEMPT TOTALEXEMPTCOUNTCOOK INLET HOUSING18,912,90034,752,50053,665,40053,665,4009696

OtherMandatoryUTILITY57,212,30084EDUCATION STATE74,555,700262,021,500336,577,200336,577,2003333

OtherMandatoryCEMETERY18,011,70021EDUCATION PRIVATE42,213,10055,902,16598,115,26598,115,2657575

OtherMandatoryCOOK INLET HOUSING53,665,40094VETERANS ORGS7,313,4004,358,00011,671,40011,671,4001717

EducationMandatoryEDUCATION STATE336,577,20033HOSPITAL27,604,039329,251,767356,855,806356,855,80655

EducationMandatoryEDUCATION PRIVATE98,115,26575DETERIORATED000000

Veterans OrgsMandatoryVETERANS ORGS11,671,40017ECONOMIC DEV07,445,7117,445,7117,445,71111

HospitalMandatoryHOSPITAL356,855,8065RELIGIOUS HOUSNG1,959,8004,940,6006,900,4006,900,4002020

ReligionMandatoryRELIGIOUS HOUSNG6,900,40012ROW290,7000290,700290,70033

OtherMandatoryROW290,700ERROR:#REF!UNKNOWN000000

OtherMandatoryUNKNOWN3,192,844UNKNOWN3,192,84403,192,8443,192,8442525

Charter SchoolsOptionalCHARTER SCHOOL15,328,213ERROR:#REF!CHARTER SCHOOL6,085,5759,242,63815,328,21315,328,21366

ReligionMandatoryRELIGION417,446,605413UNKNOWN000000

StateMandatorySTATE845,021,2361009RELIGION132,698,310284,748,295417,446,605417,446,605419419

FederalMandatoryFEDERAL1,063,955,800206STATE521,570,166323,451,070845,021,236845,021,2361,0041,004

MunicipalityMandatoryMUNICIPALITY2,143,325,9001820FEDERAL270,467,500793,488,3001,063,955,8001,063,955,800205205

NativeMandatoryNATIVE209,933,783460MUNICIPALITY1,539,798,400603,527,5002,143,325,9002,143,325,9001,8101,810

CharitableMandatoryCHARITABLE496,168,560301NATIVE148,319,48361,614,300209,933,783209,933,783459459

Community PurposeOptionalCOMMUNITY PUR30,488,19525CHARITABLE131,006,709365,161,851496,168,560496,168,560304304

EducationMandatoryEDUCATION651,006,20066

Economic DevOptionalDETERIORATED0

Economic DevOptionalECONOMIC DEV7,445,711COMMUNITY PUR11,241,09019,247,10530,488,19530,488,1952424

ResidentialOptionalRESIDENTIAL2,248,044,011SPRINKLER000000

Seniors/Disabled VetsMandatorySENIORS/DISABLED VETS2,692,750,933EDUCATION96,775,600554,230,600651,006,200651,006,2006666

Personal PropertyOptionalPERSONAL PROPERTY62,195,414

ERROR:#REF!11,825,603,576ERROR:#REF!GRAND TOTALS3,095,156,4163,727,456,8026,822,613,2186,822,613,2184,6754,675

5,002,990,358

Values

TypeCategoryTotal Exempt Value

MandatorySeniors/Disabled Vets$ 2,692,750,933$ 2,692,750,933

Municipality$ 2,143,325,900$ 2,143,325,900

Education$ 1,085,698,665$ 1,085,698,665Personal Property

Federal$ 1,063,955,800$ 1,063,955,800GPPW010012/28/2018 DataMillions

State$ 845,021,236$ 845,021,236Business2,624,684,9122,625

Charitable$ 496,168,560$ 496,168,560Oil & Gas161,131,040161

Religion$ 424,347,005$ 424,347,005Mobile Home92,950,21993

Non-profit Hospital$ 356,855,806$ 356,855,806Personal Property2,878,766,1712,879

Native$ 209,933,783$ 209,933,783

Other$ 132,372,944$ 132,372,944

Veterans Orgs$ 11,671,400$ 11,671,400

OptionalResidential$ 2,248,044,011$ 2,248,044,011

Personal Property$ 62,195,414$ 62,195,414

Community Purpose$ 30,488,195$ 30,488,195

Charter Schools$ 15,328,213$ 15,328,213

Economic Dev$ 7,445,711$ 7,445,711

Grand Total$ 11,825,603,576$ 11,825,603,576

Mandatory (State)

Seniors/Disabled Vets$2,693$2,693

Municipality$2,143$2,143

Education$1,086$1,086

Federal$1,064$1,064

State$845$845

Charitable$496$496

Religion$424$424

Non-profit Hospital$357$357

Native$210$210

Other$132$132

Veterans Orgs$12$12

Optional (Local)

Residential$2,248$2,248

Personal Property$62$62

Community Purpose$30$30

Charter Schools$15$15

Economic Dev$7$7


Exemption Review Team

Successes in 2020:

Sent >1,200 Applications sent

to Senior who may qualify

The Process:1. Compare

exemptions to the PFD, addresses, and rentals

2. Flag properties for follow up and send an initial letter

3. Work with property owner to help verify eligibility

4. Make a determinationand send a letter if ineligible

> 1,907 exemptions ready to contact the property owner

Recently sent >250 initial contact letters

Removed >230 exemptions

7


CAMA* Upgrade Project– Project was approved in 2017

– Project started 2nd Quarter of 2019

– The vendor is Tyler Technologies (formerly CLT)

– Current phase: Build and Validate Testing and

Training

8

*CAMA: Computer Assisted Mass Appraisal

Initiate and Plan

Assess and

Define

Build and

Validate

Testing and

Training

Go Live


New Construction and Assessed Values


Taxable New Construction(adjusted to 2020 dollars)

$0

$100

$200

$300

$400

$500

$600

$700

$800

In m

illio

ns

Commercial Residential Total


What Happened with Taxable New Construction?

Type Assessed Value (in Millions)Percent Change from Prior Year

Residential $120.36 -14%

Commercial $ 29.62 -56%

Total $149.98 -25%


Property Summary(Including New Construction)

* Personal Property values reported are for Tax Year 2020.

(billions) ChangeResidential 87,058 $26.7 1.9% $21.9Commercial 10,779 $10.4 -2.9% $10.4Personal Property* 8,149 $2.9 0.0% $2.9Exempt Property 4,675 $6.8 -0.8% $0.0Total 110,661 $46.9 0.3% $35.2

Number of Properties / Accounts

Total Value Taxable Value

(billions)

Excel Data for Slide

Number of Properties / AccountsTotal ValueTaxable Value (billions)

(billions)Change

Residential87,058$26.71.9%$21.921.85196115

Commercial10,779$10.4-2.9%$10.410.369649758

Personal Property*8,149$2.90.0%$2.9Mobile Homes Exem2.887

Exempt Property4,675$6.8-0.8%$0.013,000,0000.0130

Total110,661$46.90.3%$35.2

---W/O NC------W/O NC------W/O NC------W/O NC------W/O NC---

Number of Properties / AccountsⱡTotal ValueTaxable Value (billions)

(billions)ChangeEntity20202021

Residential87,058$26.61.4%$21.7Commercial$ 68,019,000$ 29,620,900

Commercial10,779$10.4-3.1%$10.3Residential$ 139,666,900$ 120,359,200

Personal Property*8,149$2.90.0%$2.9Total$ 201,149,989$ 149,980

Exempt Property4,675$6.8-0.8%$0.0Commercial$ 0.07$ 0.03

Total110,661$46.8-0.0%$35.0Residential$ 0.14$ 0.12

Total$ 0.20$ 0.00



CAMA FILE TOTALS BY TAX DISTRICT 2021 STATE CREDIT YEAR

TAX DISTRICT ALL 2020 UTIL INFRASTRUCT


TOTAL97,83711,461,265,18425,701,140,66837,162,405,8522,692,750,9332,248,044,01132,221,610,908

RESIDENTIAL87,0587,869,118,30318,869,355,78426,738,474,0872,659,431,2572,227,081,68021,851,961,150

SINGLE FAMILY48,0055,835,905,36012,857,385,40018,693,290,7601,985,912,6411,657,162,98015,050,215,139

ZERO LOT LINE5,534458,219,000843,172,7001,301,391,700147,285,078141,675,3601,012,431,262

PATIO HOME3,260284,038,000655,287,000939,325,00079,049,18493,815,840766,459,976

DUPLEX4,676524,238,2001,201,040,6001,725,278,80096,943,26388,865,0601,539,470,477

TRIPLEX63768,844,400188,769,400257,613,80010,530,2279,609,740237,473,833

CONDO15,23002,965,822,2002,965,822,200303,218,921218,202,8202,444,400,459

MOBILE HOME70870,809,44023,674,48494,483,92421,556,7504,983,34067,943,834

VACANT6,947483,322,815807,500484,130,315216,90021,760483,891,655

OTHER2,061143,741,088133,396,500277,137,58814,718,29312,744,780249,674,515

COMMERCIAL10,7793,592,146,8816,831,784,88410,423,931,76533,319,67620,962,33110,369,649,758

FARM0000000

HOTEL78102,918,400559,800,700662,719,10000662,719,100

RETAIL703731,749,428753,057,4331,484,806,861150,00035,3001,484,621,561

OFFICE703493,680,4571,465,946,5191,959,626,976001,959,626,976

INDUSTRIAL1,430760,307,3071,445,204,9292,205,512,236406,700199,8002,204,905,736

UTILITY INFRASTRUCT1130169,167,370169,167,37000169,167,370

CONDO8802,009,100251,131,300253,140,400032,040253,108,360

FOURPLEX1,699170,091,800608,714,600778,806,4009,878,28614,147,640754,780,474

APARTMENT930180,586,619810,618,893991,205,51221,185,7685,659,891964,359,853

MOBILE HOME PARK6962,473,00069,743,600132,216,60000132,216,600

VACANT1,607334,718,8003,188,250337,907,05000337,907,050

AUTOMOTIVE1,386493,166,034228,812,446721,978,480150,00038,680721,789,800

FOOD/BEVERAGE213116,183,80071,729,300187,913,10000187,913,100

OTHER968144,262,136394,669,544538,931,6801,548,922848,980536,533,778

Last Year for % Chg Calc

Update Last Year here2020

No. of Properties / AccountsTotal Value (in billions)Taxable Value

Residential86,963$26.2$21.5

Commercial10,777$10.7$10.7

Personal Property*8,263$2.9$2.9

Exempt Property5,455$6.9$0.0

All Taxable111,458$46.79632$35.1

Number of Properties / Accounts†Total ValueTaxable Value (billions)

(billions)Change

Residential8696326.10033310.00579318321.3603331

Commercial1077710.661981-0.000751546410.611981

Personal Property*82632.9413228660.01045296172.887

Exempt Property54556.880.02686567160

Total11145846.54231410.007627497334.8593141


Property Summary(Excluding New Construction)

* Personal Property values reported are for Tax Year 2020. .ⱡ Total count, including new construction

(billions) ChangeResidential 87,058 $26.6 1.4% $21.7Commercial 10,779 $10.4 -3.1% $10.3Personal Property* 8,149 $2.9 0.0% $2.9Exempt Property 4,675 $6.8 -0.8% $0.0Total 110,661 $46.8 0.0% $35.0

Number of Properties / Accountsⱡ

Total Value Taxable Value

(billions)

Excel Data for Slide

Number of Properties / AccountsTotal ValueTaxable Value (billions)

(billions)Change

Residential87,058$26.71.9%$21.921.85196115

Commercial10,779$10.4-2.9%$10.410.369649758

Personal Property*8,149$2.90.0%$2.9Mobile Homes Exem2.887

Exempt Property4,675$6.8-0.8%$0.013,000,0000.0130

Total110,661$46.90.3%$35.2

---W/O NC------W/O NC------W/O NC------W/O NC------W/O NC---

Number of Properties / AccountsⱡTotal ValueTaxable Value (billions)

(billions)ChangeEntity20202021

Residential87,058$26.61.4%$21.7Commercial$ 68,019,000$ 29,620,900

Commercial10,779$10.4-3.1%$10.3Residential$ 139,666,900$ 120,359,200

Personal Property*8,149$2.90.0%$2.9Total$ 201,149,989$ 149,980

Exempt Property4,675$6.8-0.8%$0.0Commercial$ 0.07$ 0.03

Total110,661$46.8-0.0%$35.0Residential$ 0.14$ 0.12

Total$ 0.20$ 0.00



CAMA FILE TOTALS BY TAX DISTRICT 2021 STATE CREDIT YEAR

TAX DISTRICT ALL 2020 UTIL INFRASTRUCT


TOTAL97,83711,461,265,18425,701,140,66837,162,405,8522,692,750,9332,248,044,01132,221,610,908

RESIDENTIAL87,0587,869,118,30318,869,355,78426,738,474,0872,659,431,2572,227,081,68021,851,961,150

SINGLE FAMILY48,0055,835,905,36012,857,385,40018,693,290,7601,985,912,6411,657,162,98015,050,215,139

ZERO LOT LINE5,534458,219,000843,172,7001,301,391,700147,285,078141,675,3601,012,431,262

PATIO HOME3,260284,038,000655,287,000939,325,00079,049,18493,815,840766,459,976

DUPLEX4,676524,238,2001,201,040,6001,725,278,80096,943,26388,865,0601,539,470,477

TRIPLEX63768,844,400188,769,400257,613,80010,530,2279,609,740237,473,833

CONDO15,23002,965,822,2002,965,822,200303,218,921218,202,8202,444,400,459

MOBILE HOME70870,809,44023,674,48494,483,92421,556,7504,983,34067,943,834

VACANT6,947483,322,815807,500484,130,315216,90021,760483,891,655

OTHER2,061143,741,088133,396,500277,137,58814,718,29312,744,780249,674,515

COMMERCIAL10,7793,592,146,8816,831,784,88410,423,931,76533,319,67620,962,33110,369,649,758

FARM0000000

HOTEL78102,918,400559,800,700662,719,10000662,719,100

RETAIL703731,749,428753,057,4331,484,806,861150,00035,3001,484,621,561

OFFICE703493,680,4571,465,946,5191,959,626,976001,959,626,976

INDUSTRIAL1,430760,307,3071,445,204,9292,205,512,236406,700199,8002,204,905,736

UTILITY INFRASTRUCT1130169,167,370169,167,37000169,167,370

CONDO8802,009,100251,131,300253,140,400032,040253,108,360

FOURPLEX1,699170,091,800608,714,600778,806,4009,878,28614,147,640754,780,474

APARTMENT930180,586,619810,618,893991,205,51221,185,7685,659,891964,359,853

MOBILE HOME PARK6962,473,00069,743,600132,216,60000132,216,600

VACANT1,607334,718,8003,188,250337,907,05000337,907,050

AUTOMOTIVE1,386493,166,034228,812,446721,978,480150,00038,680721,789,800

FOOD/BEVERAGE213116,183,80071,729,300187,913,10000187,913,100

OTHER968144,262,136394,669,544538,931,6801,548,922848,980536,533,778

Last Year for % Chg Calc

Update Last Year here2020

No. of Properties / AccountsTotal Value (in billions)Taxable Value

Residential86,963$26.2$21.5

Commercial10,777$10.7$10.7

Personal Property*8,263$2.9$2.9

Exempt Property5,455$6.9$0.0

All Taxable111,458$46.79632$35.1

Number of Properties / Accounts†Total ValueTaxable Value (billions)

(billions)Change

Residential8696326.10033310.00579318321.3603331

Commercial1077710.661981-0.000751546410.611981

Personal Property*82632.9413228660.01045296172.887

Exempt Property54556.880.02686567160

Total11145846.54231410.007627497334.8593141


Residential Property

14


Residential Value Change(Does not include new construction)

Property Type Average % Change

Single-Family 1.6%

Duplex/Triplex -1.0%

Condos 0.1%

Vacant Land 0.0%

15

Single Family Homes Percent Change By Assembly District

District Location Average % Change1 Downtown -0.66%2 Eagle River/Chugiak 1.34%3 West Anchorage 0.93%4 Midtown 1.04%5 East Anchorage 1.28%6 South Anchorage 2.53%


Residential Data

Number of Listings Tracked During 2020 1,506Number of Sales Recorded During 2020* 3,228

2020 Sales Disclosed to MOA (24%) 760

2019 Sales Disclosed to MOA 1,2322018 Sales Disclosed to MOA 1,485

16

Alaska is a non-disclosure state.

*Single-family homes only; deeds recorded through Dec 18th


0

1,000

2,000

3,000

4,000

5,000

2012 2013 2014 2015 2016 2017 2018 2019 2020

Num

ber o

f Sal

es th

at O

ccur

red

Single-Family Condominum Duplex

Number of Residential Sales


$368,563$395,744

= 93%

Residential Ratios

$387,229$407,272

= 95%

$405,172$453,282

= 89%

Avg. Assessed Value of Listings

Avg. List Price

Avg. Assessed Valueof Single Family

MLS Avg. Sale Price

Avg. Assessed Value of Disclosed SalesAvg. Sale Price


Commercial Property

ca. 1991


2021 Commercial Assessed Value Change(Does not include New Construction)

TypeAverage

% ChangeLand 2.0%Industrial 0.4%Four-Plex 0.4%Office -2.6%Apartments (5+ units) -4.6%Retail -4.9%Hotel -11.3%


Commercial Improved Property Sales2018 through 2020 (excluding fourplexes)

Number of Sales 321Sales Disclosed to MOA (28% all sales) 89Assessed Value/Sale Price (Average) 96% Ratio

Alaska is a non-disclosure state.

21


Personal Property


Personal Property Value (in billions)

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

2020

Tota

l Tax

able

Val

ue

Tax YearPersonal Property

1%

23


Personal Property Rolls

Mobile Home Timely, $51.9 , 2%

Mobile Late & Involuntary, $41.3 , 1%

Business, $2,515.8 , 86%

Business Late & Involuntary, $181.5 , 6%

Oil and Gas, $152.0 , 5%

(in millions)

24

Pers Prop Chart

Mobile Home TimelyMobile Late & InvoluntaryBusinessBusiness Late & InvoluntaryOil and Gas51.85166699999999941.3185179999999972515.7618360000001181.512451152.04455999999999

Sheet1

CategoryTotalMillionsPercent of Total

Mobile Home Timely$51,851,667$ 51.92%Business (all)$ 2,697,274,287$ 2,697.3

Mobile Late & Involuntary$41,318,518$ 41.31%Less O&G$ 152,044,560

Business$2,515,761,836$ 2,515.885%O&G$ 2,545,229,727

Business Late & Involuntary$181,512,451$ 181.56%

Oil and Gas$152,044,560$ 152.05%

Total2,942,489,032$ 2,942.5100%

•Roll 2 - Timely Mobile Homes

•Roll 3 - Timely Businesses & State, Oil, & Gas

•Roll 4 - Late Mobile Homes

•Roll 5 - Late Businesses

•Roll 6 - Involuntary Mobile Homes

•Roll 7 - Involuntary Businesses


Review and Appeal Period


Number of Appeals/Corrected Assessments by Year

26

698

658

784

973

825

1,05

8

716

626

551

416

393

419

430

395 356

706

383

-

500

1,000

1,500

2,000

2,500

3,00020

04

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Cou

nt

YearCorrected Assessment Appeal

Appeal Data

Phone ContactsCorrected Assessment

YearParcel CountTotal Counter ContactSINGLE FAMILYRESI LAND0 LOT / TOWNHOUSEMULTI-FAMILYROTARYCONDOCOMMERCIAL PARCELSTotal PhoneWeb HitsRACA (less LIHTC's)Total CA/RAAppeal

200489,0001,3042,1772,1771,0141,1162,130698

200592,4001,3071,237621,299110,0007074671,174658

200693,800887726123389445133881,247129,7837482601,008784

200794,4748598539113786090651,250138,813514162676973

200895,252789527405758457797901120,341540210750825

200995,654799562393452377711791897,825374794531,058

201095,87865765145425720146621,023120,81652499623716

201196,073529519283035158138746214,878457141598626

201296,250380488281731228839713105,72937368441551

201396,54930934323223510653653493,41035951410416

201496,55138541231104474443591105,41533568403393

201596,8293744603730105750644111,45727359332419

201697,15433448521306859663103,42725346299430

201797,325284341202135156550547102,00020848256395

201897,325252252251727107639446101,131243112355356

201997,4543805956235555179899,494374198572706

202097,75831521728116209683649499,14215857215383

2021- 0- 0

2022- 0- 0

2023- 0- 0

2024- 0- 0

2025- 0- 0

Corrected Assessment20042005200620072008200920102011201220132014201520162017201820192020213011741008676750453623598441410403332299256355572215Appeal

200420052006200720082009201020112012201320142015201620172018201920206986587849738251058716626551416393419430395356706383

Year

Count


Appeals: What Happened in 2020?

27

Settled without scheduling a BOE* Hearing, (236)

Heard by BOE*, (108)

Withdrew within 7 days of hearing or failed to appear at BOE*, (39)• 86% of values

were reduced• All appeal

deposits were returned

• 27% of values were reduced prior to the hearing

• 26% of the appeals were from two owners

• 94% of the recommended values were upheld by the BOE

Total Appeals: 383

90% of deposits were returned

62%

10%

28%

*Board of Equalization


We Need Your Help!

For 2020, nine BOE members heard 108 cases

28

• Lance• Heather • Jim

• Bill• Aaron • Renea

• Al • Tim• Catherine

The Board needs your help to solicit more members for 2021


Tax Year 2021 in Summary

29

What’s Next?• Notice of Real Property Assessment • Informal review period

Total Value 0.3%Existing Commercial 3.1%Existing Residential 1.4%Taxable New Construction 25.4%Exemptions 0.7%

Total Taxable Value 0.1%


What’s Next?Valuation notices will be sent January 12thThe appeal deadline is February 11th


Thank You

www.muni.org/paAppeal Phone Line

(907) 343-6500Photo: Josiah Ingels

Slide Number 1Slide Number 2Slide Number 3Slide Number 4Slide Number 5Exemptions by Type (in millions)Exemption Review TeamCAMA* Upgrade ProjectNew Construction and Assessed ValuesSlide Number 10What Happened with Taxable � New Construction?Property Summary �(Including New Construction)Property Summary �(Excluding New Construction)Slide Number 14Slide Number 15Slide Number 16Slide Number 17Slide Number 18Slide Number 192021 Commercial Assessed Value Change�(Does not include New Construction) Slide Number 21Slide Number 22Slide Number 23Personal Property RollsReview and Appeal PeriodNumber of Appeals/Corrected Assessments by YearAppeals: What Happened in 2020?We Need Your Help!Tax Year 2021 in Summary�Slide Number 30Slide Number 31

2021 Property Appraisal Annual Valuation Report...Municipality of Anchorage | 2021 Property...

Documents

Transcript of 2021 Property Appraisal Annual Valuation Report...Municipality of Anchorage | 2021 Property...