Financial & Assessment Core

Assessor Fair Market Value

$855,841

Taxable Assessed Value

$855,841

Est. Benchmark Tax (Unadjusted)

$8,045 / yr

at 0.94% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

7.15 Acres

311,238 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	Public Assessment Record
Mailing Address	2343 THOMAS ST, PORT TOWNSEND WA
Land Classification	Retail Store / Commercial Outlet
Improvement Share	67% Structure • 33% Land
Legal Description	https://trueweb.jeffcowa.us/propertyaccess/Property.aspx?cid=0&year=2026&prop_id=10281

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (3 Verified Comps)

2343 THOMAS ST is cataloged under the 31 County, WA property tax appraisal roll with an assessor fair market valuation of $855,841. Structural improvements constitute 67% ($574,461) of total parcel value, with allocated land value accounting for 33% ($281,380). Based on the prevailing WA benchmark tax rate of 0.94%, estimated annual ad valorem taxes are approximately $8,045/year.

Assessed Land Valuation Baseline

$0.9041 / sq ft

Pure Cadastral Land Allocation ($281,380)

Plat Equity Disparity

Up to 44.9% Lower

Avg 23.5% reduction across 3 comps

Est. Potential Tax Rollback

$622 / yr

Immediate relief against certified assessment roll

Verified Pure Land Comparables (Private Holdings on Immediate Plat):

Comparable APN	Street Address / Owner	Land Area	Certified Land Value	Land Rate / sq ft	Inequity Gap
VERIFIED COMP 001044014	https://trueweb.jeffcowa.us/propertyaccess/Property.aspx?cid=0&year=2026&prop_id=10288 Property Owner	208,116 sq ft	$103,700	$0.4983	-44.9%
LOCKED 001044•••••	https:•••••••••••• Prop••••••••••••	199,557 sq ft	$152,700	$0.7652	-15.4%
LOCKED 001044•••••	2313 B•••••••••••• Prop••••••••••••	344,274 sq ft	$279,300	$0.8113	-10.3%

Official Value Adjustment Board (VAB) Evidence Packet Ready

Under Florida Statutes § 193.011 and county appraisal guidelines, presenting verified lower-assessed adjacent land comparables establishes prima facie proof of unequal assessment. Open the official certified evidence packet ready for VAB board submission.

🔒 Orders Paused for System Maintenance

Nearby Properties in 31 County

Adjacent Property & Address	City	Just Valuation
2305 IVY ST, PORT TOWNSEND, WA	PORT TOWNSEND	$422,122
2237 IVY ST, PORT TOWNSEND, WA	PORT TOWNSEND	$600,509
1611 HASTINGS AVE W, PORT TOWNSEND, WA	PORT TOWNSEND	$2,282,863
2205 IVY ST, PORT TOWNSEND, WA	PORT TOWNSEND	$710,611
2159 IVY ST, PORT TOWNSEND, WA	PORT TOWNSEND	$542,206
2909 IVY ST, PORT TOWNSEND, WA	PORT TOWNSEND	$842,442