Quote:
Originally Posted by fotze
Yes the assessed value is up a whopping $3500, this is ignoring that the attached nieghbor just sold for over 100k less than that for the exact house). Did everyone else's drop 25%?
|
Yeah your assessed value is based on July 2008, the market value was higher at that point than it is now. I don't know if its 100,000 higher or not.
The attached property sale price wouldn't impact this years assessment but next years.
Do you live in a newer area? That can affect the assessment values as well, as areas are completed the houses increase in value, and there are more sales to use when determining value. At least I think thats the case.
Although I agree with sample00 and the p0rn tax... Thats must be the problem.