Orange County Property Tax Protest - Apartments
Orange County apartment owners filed property tax protests for 100% of all Orange County apartments by value. The total value of apartments in Orange County fell from $16 million in 2014 to $25 million in 2021. Orange CAD reported a total of $25 MM for multifamily market value and $55 MM protested in 2021. Orange County property tax savings for all types of property were about $2.45 million in 2021, including both the informal and appraisal review board hearings (ARB). However, this does not include judicial appeals. Orange County property owners saved another $3 million from judicial appeals.
Why Do 100% Apartment Owners versus 5% Home Owners Appeal?Apartment owners have seen the value of their properties decrease by 56% in the last five years. Apartments owners protest 100% of apartment value. Houses are 5% of the tax roll and only a quarter protest. Is that equitable? Even the odds with professional representation by O'Connor. No flat fee. No upfront costs. No market cut fees. No fees ever unless we reduce your property taxes that year. Enroll in the Property Tax Protection Program and we will review the appraisal district's initial value and evidence to refute it and reduce it in about 50 to 90% of protests.
OrangeCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $25,013,245 |
Number Multifamily / Apartment Property Tax Protests | 64 |
$ Value Multifamily/Apartment Protested | $55,759,127 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 4 |
ARB Value of All Lawsuits Filed for Multifamily | $13,690,623 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $2,767,838 |