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As a new owner, what documents shall I obtain and review from the city ? What trigger a change in axable Value?
All any town is really going to have on file is the following:
Property tax card - Just a one page document that lists the same stuff you can see on the website I linked to earlier.
Records of any building or zoning permits - These will only go back so far. Maybe 20 years?
Records of any documented building, zoning, or health code violations issued.
That's really it. As far as any change in taxable value, it basically comes down to any time you add living space or add a bathroom. If you remodel your kitchen (assuming you're not also putting on addition to make the kitchen larger) with new countertops, cabinets, appliances, etc...the town is not going to care or reassess you based on that. If you add an additional bathroom or bedroom, that will absolutely add to your taxable value, eventually, anyway. A friend of mine is an appraiser who visits homes frequently where the town has not updated records in years. He once went to a home with a property card in hand that said it was a one story frame 1500 SF ranch. When he got there it was a two story 2500 SF colonial.
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Originally Posted by bluewin888
Also I plan to apply for an exclusive parking space in front of building; not sure how hard it is ?
Going to city hall in person is definitely the best way to approach the situation, and to obtain information in a timely manner.
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Originally Posted by bluewin888
How can buyers make sure all structure and precious works are legal?
I think that the question of whether earlier renovations were "precious" is a value judgment.
Just determining whether they were legal renovations--or not--is all you can hope to determine at this point.
Only you can make a value judgment as to whether those renovations were...precious...or worthless...or somewhere in between those two extremes.
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