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Old 07-25-2010, 09:17 AM   #4
Lakegeezer
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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.
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-lg

Last edited by Lakegeezer; 07-25-2010 at 10:08 AM. Reason: added more information
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