| Author |
Message |
    
soresident
Citizen
Username: Soresident
Post Number: 383
Registered: 10-2001
| | Posted on Monday, May 15, 2006 - 5:35 pm: | 
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Just found out that a home two doors awsy from ours, and substantially identical, is paying almost $6000 a year less in taxes! I know a reevaluation is coming in SO - eventually. Anyone know the process and have anything useful to suggest about how to get ours lowered NOW? |
Walker
Citizen
Username: Fester
Post Number: 260
Registered: 4-2003
| | Posted on Tuesday, May 16, 2006 - 10:04 am: |
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soresident;
SO has been ordered to have a revaluation complete by 2008 it was briefly mentioned at last nights meeting that the project had been put out to bid.
I would not recommend you having a new tax assessment done as you may end up paying more until the revaluation actually goes through.
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mim
Citizen
Username: Mim
Post Number: 588
Registered: 5-2001
| | Posted on Tuesday, May 16, 2006 - 7:53 pm: |
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That's a consideration, Walker. However, we undertook a 'do it yourself' (no attorney) property tax appeal when we lived in Jersey City, and were surprised at how straightforward it was. Perhaps the process has changed since then, but we simply came in with our comps (photocopies of MLS listings and comparable tax assessments, suggesting what a home like ours SHOULD be worth) and walked out with a reduced assessment.
Our home was assessed as having off-street parking, which it did not. So this was very clear-cut in the courtroom.
If, like us, you're positive to stand to benefit,I'd call around or check some village websites and forge ahead with the process. |
Former Cowgirl
Citizen
Username: Formercowgirl
Post Number: 92
Registered: 3-2006
| | Posted on Wednesday, May 17, 2006 - 11:19 am: |
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Maybe you're paying the "right" amount and the neighbor has gotten by paying less than they should be? |
soresident
Citizen
Username: Soresident
Post Number: 386
Registered: 10-2001
| | Posted on Wednesday, May 17, 2006 - 12:33 pm: |
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A horrible thought, but one I should probably check out.
So, how do you find out what taxes other people are paying? I found out about the taxes of the house down the block at an open house (that's also how I know it's so very close in layout, etc to mine). The taxes were on the sheet given out there. Looked at multiple listing service listings of houses for sale in area on realtor.com, and taxes aren't listed. Anyone know how to find out taxes online? Or do I have to go to town hall and look records for recent sales? I think I kept some cards realtors sent in with recent sales, so I could probably find comparable properties easily enough. |
Bob K
Supporter
Username: Bobk
Post Number: 11541
Registered: 5-2001
| | Posted on Wednesday, May 17, 2006 - 12:46 pm: |
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www.propertyshark.com |
DRJ
Citizen
Username: Alaska
Post Number: 74
Registered: 9-2005
| | Posted on Wednesday, May 17, 2006 - 12:47 pm: |
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Look at gsmls.com for tax information on properties for sale. |
eliz
Supporter
Username: Eliz
Post Number: 1463
Registered: 5-2001
| | Posted on Wednesday, May 17, 2006 - 12:54 pm: |
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zillow.com will give you the tax assessed value of every house on your street. |
soresident
Citizen
Username: Soresident
Post Number: 387
Registered: 10-2001
| | Posted on Wednesday, May 17, 2006 - 1:46 pm: |
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Thanks! These sites are really helpful. Based on a quick look at taxes for other similar properties on my block, it looks like the house for sale I saw may have the lowest taxes around. Guessing that it might have one of the oldest assessments (I think the prior owners may have been original owners of this 1950's house). Though I'll check it out a bit more, I may just have to wait till reevaluation. |
Bob K
Supporter
Username: Bobk
Post Number: 11542
Registered: 5-2001
| | Posted on Wednesday, May 17, 2006 - 2:07 pm: |
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South Orange had a revaluation in the early 1990s (1992?). At that time all houses were reassessed. The problem is that the real estate market was static to declining when the revaluation was done and quite a few people appealed their assessments to the county tax board and received reductions. Apparently the situation you are talking about is quite common. |
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