Quote:
Originally Posted by AKADQ
The current assessment is at $726,000.00...
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So, if the assessed town value is 726k, and it could get just 400k at a public auction that was not a mortgage foreclosure and was advertised for about two months, is the town assessor likely to reassess it down to 400k anytime soon.....as in "Here's your assessed value and just like magic that is what it's worth according to the town......and Abra Cadabra that!!!"
http://en.wikipedia.org/wiki/Abracadabra)