We were prepared to fight the assessment, as the last one was about $45,000 too much. It raised my property taxes/total mortgage payment by about 300/month.
well, this one is much, much lower.....
Original purchase price/appraisal in 2/2006 $339,000
assessment value up until 1/1/10 $294,000
home value as of 8/2009 $250,000
new property value assessment as of 1/1/10 $211,000!!!
I am now wondering how it could change by $83,000? Was I being robbed before?
I guess this is GOOD in the sense my mortgage total monthly payment will go down, but so has the value of my property....