x88x
02-09-2011, 12:27 AM
Ok, a little background. As a lot of you probably know by now, I recently bought a house. Nice little ~1500sqft single-story on 1.7 acres (ridiculously huge lot for this area btw :D ). I paid $162,500 for it. Now, unfortunately, the last time the tax appraiser assessed it was in 2007, right at the peak of the real estate bubble. As a result, the assessed tax value was a whopping $352,270! :eek:
Naturally, I appealed it, for the sale price (didn't expect to actually get it that low, but hey, why not try, eh? ;) ), and it was up for reassessment anyway, which helped.
Anyways, I just got the official assessment notice today, and the new assessed tax value is.. $206,000! :D That's going to translate to a $2,237 drop in my yearly taxes! $186 less each month! Hells yeah! :banana:
...they do have it listed at not a principal residence though... *grumblegrumble* ...have to call them tomorrow and get that straightened out...
Naturally, I appealed it, for the sale price (didn't expect to actually get it that low, but hey, why not try, eh? ;) ), and it was up for reassessment anyway, which helped.
Anyways, I just got the official assessment notice today, and the new assessed tax value is.. $206,000! :D That's going to translate to a $2,237 drop in my yearly taxes! $186 less each month! Hells yeah! :banana:
...they do have it listed at not a principal residence though... *grumblegrumble* ...have to call them tomorrow and get that straightened out...