The market value of your property is indicated by sales of comparable properties. A. A property that sold whose features are most similar to your property. For example, similar in location, zoning, size, number of bedrooms, bathrooms, age, quality and condition. You may view information regarding recent sales free of charge at any of the Assessor's regional offices . This information is available on microfiche from the 408.1 Sales Listings.
Copies are available for a fee.
A local real estate agent may provide you with recent sales information in your neighborhood. Multiply that number by 1.02. If the result is greater than the market value that you have determined, you may qualify for a reduction. If the result of 2 is greater than 1, you may qualify for a Proposition 8 reduction. You must file an application .