Property Appraiser's Office (Jacksonville: for sale, real estate, 2009)

[CollegeGuy9]

I was searching through some tax records and noticed that a lot of properties are being accessed at a rate above their fair market value.

Has anyone encountered a problem with the property assessor when trying to reduce the assessed value?

Hypothetical

Property appraiser lists value at $119,500. There are a dozen properties on the market in the same complex listed between 65 to $80k. If someone were to purchase at 70k, will the property appraiser reduce the accessed value to $70k based on your transaction and the ample amount of for sales at that price in the neighborhood. Or is the property appraiser stubborn and clings to the $119,500 assessed value.

Property Appraiser - Property Details
7920 Merrill Rd Unit: 702, Jacksonville, FL, 32277 - MLS ID#482118 - Condo/Townhome/Row Home/Co-Op real estate - REALTOR.com®

[EricBoyd]

I'm pretty sure you don't make your dispute/appeal with the Property Appraiser, directly. You go to the Valuation Adjustment Board. Here's their website: Value Adjustment Board. The Value Adjustment Board is a completely separate entity from the Property Appraiser's Office.

[CollegeGuy9]

How likely would someone be able to win, given the above circumstances?

I also hear that the assessed value, by law, is the value on January 1, 2009. So maybe these higher assessments are justified??

[cyrece]

People dispute it all the time-they don't always win. I sold a home a few months ago and the property was assessed WAYY over the price that they paid and it was new construction. We just provided them with a comparative market analysis and the appraisal from the bank. Good luck to you!