Not sure how the assessment works in Gilford but for the Nix property at 19 Riley Road but the tax card shows a purchase price of $105,000 in 1987 and now it's only assessed at $140,000. That seems really low for waterfront property.
http://gilford.univers-clt.com/view_...&series_card=1
The 2009 tax records show that the Ames Farm Motel was assessed at $2,500,000. Doesn't include all of ther cottage lots. I wonder if Ames Farm can apply for an abatement given the change in use?