King County property taxes up 17 percent this year

In Bellevue, it's even more.

King County property taxes are expected to rise nearly 17 percent when bills arrive in the mail next month. That's an additional $700 for a median-priced home, according to The Seattle Times.

The King County assessor told The Times that, for a median-valued Seattle home of $597,000, the homeowner will pay $825 more this year in property tax -- a bump of 16.9 percent.

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Bellevue homeowners will see their property taxes climb 21.6 percent. That's an additional $1,300 for a home valued at $791,000.

The main reason for the bump, according to assessor John Wilson, is the state's new school funding plan.

Bills are set to be mailed Feb. 14.