Are Real Estate Taxes the Same as Property Taxes in Maple Valley?

If you own a home or plan to sell in Maple Valley, WA, you’ve likely heard both terms — “real estate taxes” and “property taxes.” They sound identical, but is there an actual difference? Let’s break it down in simple, local terms so you know exactly how these taxes work, what they fund, and how they affect your home’s value when you decide to sell.

💡 Real Estate Taxes vs. Property Taxes: What’s the Difference?

In Washington State, real estate taxes and property taxes are the same thing.

“Real estate tax” is the official government term, while “property tax” is what most homeowners use in daily conversation. Both refer to the annual tax assessed on your land and any permanent structures, like your home or detached garage.

In Maple Valley, your property tax dollars go toward:

• Tahoma School District and local education

• City infrastructure, parks, and public maintenance

• Police, fire, and emergency services

• King County–wide programs, such as flood control and libraries

If you get a tax statement from King County Treasury, that’s your annual real estate (or property) tax bill — the same thing, two names.

📊 How Property Taxes Are Calculated in Maple Valley

Your taxes are determined by the King County Assessor’s Office, which sets your assessed home value and applies the local levy rate.

That value includes:

• Land and building value

• Home improvements and remodels

• Local voter-approved levies and measures

💰 Example:
If your Maple Valley home is valued at $750,000 and your total levy rate is $9.65 per $1,000, your annual property taxes would be about $7,237.

🏠 Why Property Taxes Matter When Selling

When selling, buyers look closely at property taxes because it affects their monthly mortgage payment. High taxes can reduce buyer affordability — while stable, predictable rates can make your home more attractive.

As your local Maple Valley REALTOR®, Jessica Williams, I help sellers understand how taxes influence their home pricing, marketing strategy, and net proceeds — so you can make data-backed decisions when listing.

✅ Key Takeaway

In Maple Valley, “real estate tax” and “property tax” mean the same thing. Knowing how they’re calculated helps you plan your sale confidently, price accurately, and avoid surprises at closing.

📍 Williams Ave. Real Estate – Jessica Williams
Empowering Maple Valley homeowners to make confident, informed real estate decisions.

📞 Curious how your home’s property taxes affect its market value? 253-262-5003
Let’s connect for a free, personalized property analysis and home value update.