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Thread: Property Tax Assessment

  1. #1
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    Default Property Tax Assessment

    Well just got my property tax assessment, property assessment value went up 37% but the taxes went up 25% This one's going to hurt.

    What about you guys?
    heloc that shit

  2. #2
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    Our taxes went up about 12%, but the assessment stated an increase of about 23% in the value of our house.

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    Gotta love sending the city a bill for 4k.
    Travel

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    Originally posted by Ben
    Gotta love sending the city a bill for 4k.
    hahaha try 8k

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    hahaha my homes worth 549k...was assed at 366k, and my mill rate was reduced to .0073 ...2600 a month..aww i love the way this city works

    "BEYONDS OFFICIAL REALTOR" Instagram @jordanlotoski
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  6. #6
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    ohh my dad just got his today.

    lol i should go take a look at it

  7. #7
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    our property tax went down and the assesment went up

  8. #8
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    Mine went up about 10% total assessmentwise, but my taxes went down a bit. Last year we got wasted by the property tax, it went up over 45% from the previous year.

    Still not complaining though, since they value it a lot less then it would sell on the market.

  9. #9
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    Originally posted by ronaldo
    our property tax went down and the assesment went up

  10. #10
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    LOL...mine only went up 12%

    But the funny thing is, i just had my place appraised the other day and it came in 62% higher then what the city appraised it at...LOL...so I can't complain.

  11. #11
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    My property assessment went down.

    I live in a condo downtown, wtf.

    Oh well cheaper property taxes

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    Hey, if a realtor could chime in on this...I have hear that VERY GENERAL way of coming up with a list price would be 10-15% over the tax assesed price...now I know its not accurate in all cases but how true is it?

  13. #13
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    wow, everything jumped up crazy

    mine went up 10% and I am complaining


    Originally posted by lastprodigy
    Hey, if a realtor could chime in on this...I have hear that VERY GENERAL way of coming up with a list price would be 10-15% over the tax assesed price...now I know its not accurate in all cases but how true is it?

    selling price is assesed price. listing is asking for 10% more knowing full well your going to get 10% less than asking

  14. #14
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    Originally posted by Billet
    wow, everything jumped up crazy

    mine went up 10% and I am complaining





    selling price is assesed price. listing is asking for 10% more knowing full well your going to get 10% less than asking
    Not to many houses list for assessed value look up a few threads at MIWFYSHOT post hes a realtor look at his assesed vs selling price

  15. #15
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    Originally posted by lastprodigy
    Hey, if a realtor could chime in on this...I have hear that VERY GENERAL way of coming up with a list price would be 10-15% over the tax assesed price...now I know its not accurate in all cases but how true is it?
    LOL, try 60% more.

  16. #16
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    Originally posted by lastprodigy
    Hey, if a realtor could chime in on this...I have hear that VERY GENERAL way of coming up with a list price would be 10-15% over the tax assesed price...now I know its not accurate in all cases but how true is it?
    I don't agree with that ! most realtors I talked to say city assesment is garbage.

    On the news yesterday, a alderperson was saying how city assesment is already "not accurate," since they were finalized last july and the market has significantly changed since then.

  17. #17
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    my assessment went up 20%
    Machining, Fabricating, Welding etc.

  18. #18
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    Of course its not accurate.

    My 2006 assessment came in $15000 less then what I purchased the place for 3 years ago...LOL

  19. #19
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    My assessment went up by only around $10,000 (under 5%), but the market value has gone up by $80,000 - $100,000.
    sig deleted by moderator, click here for info

  20. #20
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    Yeah, thanks...one of our assesments went up about 15%....well see how this goes

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