Frequently Asked Questions

Fair Market Value is the most probable sale price in a competitive and open market with a knowledgeable and willing buyer and seller acting prudently, allowing sufficient time for the transaction and not affected by undue pressures. 

The person down the street from you with acreage may have a lower value because they qualify for an Agricultural and Horticultural Exemption.

Property (usually defined as 10 or more contiguous acres actively used for an agricultural purpose) has a specific agricultural land value and is not assessed the same as residential land.  It is designed by statute to provide for a preferential assessment/taxation on farmland.  A Horticultural exemption may also be granted for qualifying land with 5 or more acres.  

Kenton County Property Valuation Administrator’s (PVA) responsibilities are to discover, list and value all properties within the county. Property not exempted from taxation is to be assessed for taxation at its fair cash value, estimated at the price it would bring at a fair voluntary sale. The PVA is charged with assessing all property equitably and accurately. Learn more about the Property Assessment process.

All real property is subject to being revalued every year and all real property parcels must be physically inspected by the PVA office no less than once every four years.  To meet this statutory obligation, the county is broken up into four parts and ¼ of the county is inspected each year in accordance with an approved Quadrennial Examination Schedule. 

Additionally, property owners do not need to make improvements to their property for their assessment to change. Since the assessed value is to reflect fair cash value, as real estate values rise or fall, the assessed value will follow. All properties do not change by the same percentage. Factors in the market place like supply, demand, interest rates, and amenities determine the value of your property.

Other reasons for a change in assessed value include additions to your property or permanent damage to your property. Property owners have a responsibility to report any changes made to their property that could affect value to the Property Valuation Administrator (PVA).

Remember, the PVA does not create value. It is the PVA’s legal responsibility to discover and estimate the worth of all property. Transactions that occur in the market place determine value.

If you purchased property after January 1, you may not receive a tax bill in your name until the following year depending on when you purchased the property. Your name may appear as a c/o or not at all.

However, depending on your closing statement, you may be required to pay the tax bill in the "previous owner’s name". This should be determined at the time of closing and the adjustment should be reflected in your closing costs. Tax pro-rations are typically based upon the most recent tax bill available.

Pursuant to KRS 133.045, the real property tax roll is open for inspection for 13 days beginning on the first Monday in May each year. Once the open inspection period ends and the PVA’s assessments are certified by the Department of Revenue, no adjustments can be made to the real property tax roll for that year. Learn more about the Appeal Process.

The tax rate varies according to the location of the property. The total tax rate consists of a state tax, a county tax, a city tax (if applicable), a library tax, a health tax, an extension office rate, health rate, a fire district rate and a school district rate. The PVA does not determine or set tax rates or collect any taxes.  For tax information, please contact the appropriate taxing entities such as the school district, city, county and fire district or visit www.kcor.org.

Real estate values are determined as of the assessment date, January 1 of each year. If you purchased your home after January 1 for a lesser value than that on the tax bill, please contact our office at 859-391-1750. We may be able to adjust your value for the following year.

See: If I buy property after January 1, when will I get a tax bill?

The exemption your neighbor may be getting is a statutory exemption based on age, disability or agriculture.

The Homestead/Disability Exemption for assessment years 2025 and 2026 is $49,100, which reduces the taxable value each year for both county and city taxes. The exemption is determined by the state every 2 years.

You may get a Homestead/Disability Exemption for Commercial Property only if you own AND occupy the building (e.g. you live on the second floor of the commercial building). Learn more about the Homestead/Disability Exemption.

If the trust is irrevocable in nature, the legal and equitable title to the real property has been transferred to the trust and this cannot be reversed.  Under the terms of this type of trust, the original property owners typically relinquish their ownership rights to the real property and when this is the case, no homestead exemption can continue to be granted.  However, if the trust states that there is an exclusive rent-free use arrangement of the residence retained for the lifetime of the owner and that all expenses related to the residence continue to be the responsibility of the original owners, then the homestead can be granted.  The PVA Office is happy to review trust agreements to determine eligibility.

Our office often receives questions about escrow accounts.  Generally, it is the practice of title companies to estimate initial escrow figures based on the last available tax bill.  If there is a substantial increase in value since the previous year and the title company based its estimate on the lower value, it can create an escrow shortage.  Another example would be:  suppose you bought a newly-built house in 2024. The tax assessment on the property for 2023 may only take into consideration the land value. But, when the property is assessed again, it will include the land value plus the value of your home, which will increase your property taxes and, as a result, increase your escrow payment.  For information regarding your particular escrow account, please contact your lender directly.  (Please note that taxes and bills are handled by the Sheriff’s Office.)  

All automobiles, trucks, boats, boat trailers, motorcycles, aircraft, and recreational vehicles must be assessed as of January 1 of each year. Motor vehicles are generally taxed in the county of registration. If you have assessment questions regarding motor vehicles or boats, please contact our office at 859-392-1750.

The PVA may be able to lower the value of your vehicle if you have excessive mileage or damage. Please refer to Reducing Assessments under Motor Vehicle Assessment. If you have assessment questions regarding your motor vehicle assessment, please contact our office at 859-392-1750.

To remove your vehicle from the tax roll, proper documentation is required. Please see Motor Vehicle Affidavit.

Per statute all vehicle taxes are assessed as of January 1. If you own the vehicle on January 1 of that year you are responsible for the taxes.

Unfortunately, you will have to contact both state offices to ensure that the vehicle has been properly removed from one state and registered in another state.

Please note: other states do not notify Kentucky when a vehicle is transferred out-of-state.

If you junked a vehicle, you may still receive a motor vehicle tax bill because the junkyard does not typically let our office know when they receive a "junked" vehicle.

Please see the Motor Vehicle Affidavit page.

Your tangible tax bill is based on your Kentucky Tangible Return, Form 62A500, which you file in our office by May 15 of each year.

The calculated tax is based on the reported value you listed on the return. Tangible property is self-declared.

Taxpayers who discover an error was made on their personal property tax returns can file an amended return along with an explanation of why the return is being amended and documentation to support the amended return.  Form 62A500 needs to be completed (check box for amended return), attach a copy of the original return, and proof of payment, if applicable.  Attach clear and specific documentation to support changes being made from the original return.

Amended returns resulting in a possible refund should be filed within 2 years from the date of payment in accordance with KRS 134.590 and should be accompanied by a refund request and/or application.

There are no filing extensions for the filing of tangible property returns.  Returns must be filed in the county of taxable situs by May 15 of each year.

Since tangible personal property is self-reporting, you will not receive an Assessment Notice. Your account number will be referenced on the tax bills generated by the Sheriff’s Office and local municipality.

The Property Valuation Administrator (PVA) offers a free Basic Property Search that will help you find information on property ownership and assessed property value. You can search by Name, Location, PIDN, Deed or Subdivision. We are happy to provide information under our Free Access menu; however, if you are looking for more detailed information about a property, a very affordable Subscription plan is available.  

The Property Valuation Administrator’s (PVA) Office does not set tax rates, tax districts or collect tax bills. The Kenton County Sheriff’s Office is responsible for collecting property taxes. Please contact their office with any issues concerning your property tax bill.

The Subscription Search Service allows you to view the transfer history for any property in Kenton County when available. With the Subscription Search Service, you can search by address, sale price and date range, parcel ID, owner, or by legal description.

You can find information such as year built, square footage, number of bathrooms, and more listed in the Property Details section of any property report when logged into your Subscription Search Service. If you’re not signed up yet, find out more in the Subscription Search Service area. Please note that certain characteristics may not be available within our records.

You can find out if you’re eligible for an exemption in the Property assessment section of this website. There you will find information on Homestead/Disability Exemptions, Exemptions for Religious Groups and Exemptions for Non-Profit Groups.

You can notify our office of your change of address by submitting this form.

The Property Valuation Administrator (PVA) is happy to print out a map of your property for you at no charge. Maps of any other property can be obtained in our office for a nominal fee.

You can also print your own maps from our online GIS land records mapping system.

Contact the PVA at 859-392-1750, or email the PVA’s Office, for more details. (PVA maps are not legal documents and should be used for general reference only.)

Each year, you can appeal your current property assessment. To learn more about how to appeal your assessment, see the Appeal Process page.

If the Property Valuation Administrator (PVA) has information about your property that is incomplete or inaccurate, you can click here to update your characteristics, email us, or call our office at 859-392-1750 to ensure it is corrected.

Name changes may only be made with proper legal documentation. If you wish to add, change or remove a name on your property record, an official document such as a Deed or a Will must be recorded with the County Clerk. In some cases, name changes may be made by submitting an official death certificate and/or legal Will to the PVA Office. Email us or call 859-392-1750 if you have any questions.

You must submit an application. Pursuant to Kentucky Revised Statutes (KRS) 132.450(3), classification as agricultural land shall expire upon change of use by the owner or owners or upon conveyance of the property to a person other than a surviving spouse. Email us or call 859-392-1750 if you have any questions.