[Kabrasco LaFonz]

I own properties around town, just curious if anyone knows what accounts for the irregular descrepencies in the way that similar properties are taxed. For example....

My 2 condos.
1) 2/2 (948 sqft) bought '05 for $178,000
tax= $668
2) 1/1 (659 sqft) bought '08 for $71,000
tax= $901

2 mid sized houses.
1) 4/3 (2310 sqft) bought '07 for $270,000
tax= $1509
2) 4/3 (2294 sqft) bought '08 for $250,000
tax= $2137

As you see, in both instances the more expensive property was actually taxed significantly less than the cheap one. I'm not complaining necessarily, for all I know I'm paying too little for one, and too much for the other, so they cancel out. Both the higher taxed properties were foreclosures though if that makes a difference, and the lower taxed props were new.

I'm just curious why such similar properties are taxed so differently. They are all on the same side of town and almost identical neighborhoods. Anyone know?

[ndb3]

What about the lot sizes? If the newer home is on a larger lot that could be the difference. I also believe that lot location may play a role in the values, such as having a mountain view or something along those lines. I don't know for sure, I'm just guessing, but I believe I've heard of that affecting property taxes before.

[ndb3]

Just another guess. It could also be that the older ones haven't been reassessed yet and are still figured on the old tax rate. Where as the newer properties taxes are figured on the current tax rate. I don't know how it is done in Vegas but I know in NJ some counties or townships will go years before reassessing property taxes. I believe every time a property is bought/sold it is automatically reassessed.