Moultonborough Latest Tax Assessments

Lakegeezer · 07-25-2010, 09:17 AM

I am familiar with the assessment and abatement process. I filed and won an abatement earlier this year. That is why I wonder why the 5% total increase on a freshly, personally and reasonably assessed property. I've found the houses sold in M'boro during the recent assessment year. Not a lot to go on. These are what properties sold for - now looking for what they were listed for.

56 PINE NEEDLE LANE 01/08/2010 $800,600 Ranch
31 MATZ LANE 11/23/2009 $1,350,000 Ranch
100 WYMAN TRAIL 10/19/2009 $700,000 Ranch
70 KONA BAY ROAD 09/25/2009 $1,375,000 Raised Ranch
44 BLACK CAT ISLAND ROAD 08/18/2009 $625,266 Raised Ranch
19 FULLER ROAD 04/28/2009 $648,000 Modern/Contemp
251 EAGLE SHORE ROAD 04/02/2009 $1,600,000 Modern/Contemp

The change in my neighborhood land assessment averages about +9% while assessment for houses on the land decreased by 4-35% So it appears they are shifting the value from house to land. There was not enough sales to analyze the shift. It appears to be voodoo magic, slight of hand, etc.

Sue Doe-Nym · 07-25-2010, 02:41 PM

Sorry you folks didn't attend the Moultonborough Summer Informational Town Meeting last Thursday. The Vision Appraisal section was a real blast. The Vision Appraisal person admitted that he was new to the Moultonborough account and then proceeded to make some absurd comments to prove his point. He got blasted pretty thoroughly by numerous resident and non-resident taxpyers, each with specific examples of ridiculous new assessments. Be sure to read next weeks Meredith News.

The net result was that there have been more appoinyments set up than there usually are to contest the proposed assessments. It appears that if Vision doesn't make some drastic changes the town will be deluged with abatement cases.

fatlazyless · 07-25-2010, 07:27 PM

Looking around for sales price info that's relevant to you?

Yesterday's Saturday, July 24, Laconia Daily Sun had a weekly real estate column in the back pages written by a local realtor that was about 14 paragraphs long and all about waterfront sales. It included a number of residential home price histories including the address, assessed price, original asking price, and sold price.

Looking at the latest Roche Realty sales flier, available at Meredith McDonald's, it has a number of 'for sale' waterfront homes and promos their town assessed values, and their less-than-assessed current asking prices, and includes their addresses.

LIforrelaxin · 07-26-2010, 09:46 AM

Hummm find this all very interesting, got my new assessment in the mail, and my value went down... and actually pulled everything right into alignment and where I thought it should be.

The land value could probably come down a little and the but then to be truthful the structure value would need to come up... so all in all it is a wash.

webmaster · 07-26-2010, 02:03 PM

Quote:

Originally Posted by fatlazyless

Looking around for sales price info that's relevant to you?

Yesterday's Saturday, July 24, Laconia Daily Sun had a weekly real estate column in the back pages written by a local realtor that was about 14 paragraphs long and all about waterfront sales. It included a number of residential home price histories including the address, assessed price, original asking price, and sold price.

Roy Sanborn from Roche Realty posts regular columns like the one you described right here in our own blogs. Here's his latest: http://www.winnipesaukee.com/forums/blog.php?b=87

Don't forget our blogs!

07-25-2010, 09:17 AM	#1
Lakegeezer Senior Member Join Date: Feb 2003 Location: Moultonboro, NH Posts: 1,680 Blog Entries: 1 Thanks: 355 Thanked 640 Times in 291 Posts	I am familiar with the assessment and abatement process. I filed and won an abatement earlier this year. That is why I wonder why the 5% total increase on a freshly, personally and reasonably assessed property. I've found the houses sold in M'boro during the recent assessment year. Not a lot to go on. These are what properties sold for - now looking for what they were listed for. 56 PINE NEEDLE LANE 01/08/2010 $800,600 Ranch 31 MATZ LANE 11/23/2009 $1,350,000 Ranch 100 WYMAN TRAIL 10/19/2009 $700,000 Ranch 70 KONA BAY ROAD 09/25/2009 $1,375,000 Raised Ranch 44 BLACK CAT ISLAND ROAD 08/18/2009 $625,266 Raised Ranch 19 FULLER ROAD 04/28/2009 $648,000 Modern/Contemp 251 EAGLE SHORE ROAD 04/02/2009 $1,600,000 Modern/Contemp The change in my neighborhood land assessment averages about +9% while assessment for houses on the land decreased by 4-35% So it appears they are shifting the value from house to land. There was not enough sales to analyze the shift. It appears to be voodoo magic, slight of hand, etc. __________________ -lg Last edited by Lakegeezer; 07-25-2010 at 10:08 AM. Reason: added more information

07-25-2010, 07:27 PM	#3
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,836 Blog Entries: 1 Thanks: 302 Thanked 1,033 Times in 752 Posts	Looking around for sales price info that's relevant to you? Yesterday's Saturday, July 24, Laconia Daily Sun had a weekly real estate column in the back pages written by a local realtor that was about 14 paragraphs long and all about waterfront sales. It included a number of residential home price histories including the address, assessed price, original asking price, and sold price. Looking at the latest Roche Realty sales flier, available at Meredith McDonald's, it has a number of 'for sale' waterfront homes and promos their town assessed values, and their less-than-assessed current asking prices, and includes their addresses. __________________ ... down and out, liv'n that Walmart side of the lake!

07-26-2010, 09:46 AM	#4
LIforrelaxin Senior Member Join Date: May 2006 Location: Texas, Lake Ray Hubbard and NH, Long Island Winnipesaukee Posts: 2,895 Thanks: 1,042 Thanked 897 Times in 529 Posts	Hummm find this all very interesting, got my new assessment in the mail, and my value went down... and actually pulled everything right into alignment and where I thought it should be. The land value could probably come down a little and the but then to be truthful the structure value would need to come up... so all in all it is a wash. __________________ Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

07-25-2010, 02:41 PM	#2
Sue Doe-Nym Senior Member Join Date: Jul 2009 Posts: 1,450 Thanks: 759 Thanked 794 Times in 417 Posts	Sorry you folks didn't attend the Moultonborough Summer Informational Town Meeting last Thursday. The Vision Appraisal section was a real blast. The Vision Appraisal person admitted that he was new to the Moultonborough account and then proceeded to make some absurd comments to prove his point. He got blasted pretty thoroughly by numerous resident and non-resident taxpyers, each with specific examples of ridiculous new assessments. Be sure to read next weeks Meredith News. The net result was that there have been more appoinyments set up than there usually are to contest the proposed assessments. It appears that if Vision doesn't make some drastic changes the town will be deluged with abatement cases.