What information is essential for a property owner to file an appeal?

A property value assessment is essential for a property owner to file an appeal because it serves as the foundation for challenging the assessed value set by the tax assessor. The property value assessment reflects the estimated market value of the property, which directly affects the property tax owed. Property owners need to compare this assessment against their own analysis of the property's worth and present evidence that supports their claim for a lower valuation.

If a property owner believes that their assessment is too high based on comparable sales, market conditions, or property characteristics, they will need to show that the assessed value does not accurately represent the current market value. This can involve gathering information such as recent sales of similar properties in the area or discrepancies in the property description.

While the other choices may provide context or additional information, they do not directly impact the immediate process of appealing the assessed value. Tax assessment history and local government budgets provide background on trends and local governance but do not directly influence the assessment appeal. Mortgage information is irrelevant to the assessment appeal itself, as it does not pertain to the value assigned by the taxing authority.