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Old 03-16-2007, 11:12 AM
12,983 posts, read 13,396,513 times
Reputation: 19708


Last year the county auditor's office did a property revaluation which caused the property taxes of many, many people to increase dramatically. We have until the end of March to dispute this. I went to the county auditor's web site and looked at some of the taxes and home values of homes near us and I am seeing some cases in which it appears that these people got their taxes reduced, but I am confused about the definitions of some terms. What is house Bill 920? It looks to me like it is something to do with a school levy-one did pass here last fall-but it caused a significant reduction in the tax amount (from what was initially added), also, there is a 10%, and 2 1/2% Rollback, further reducing the amount. I am trying to find similar houses for sale, or sold near us, to get an idea of the "fair market value", but most of the homes are a bit bigger, and have had some kind of improvements done recently. We have not, but the Lucas County treasurer is stating that our property value went up approximately $20,000-and believe me, it did not!
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Old 03-16-2007, 03:50 PM
12,983 posts, read 13,396,513 times
Reputation: 19708
I guess we did get that house bill reduction, but what I guess I would like to know is how do I determine what the fair market value would be for our house, without hiring an appraisor. What would the amount of 'frontage' have to do with this, since we are not in a position to build more on it? This is confusing to me, and I have a feeling the auditor's office doesn't really want to help, they just want to be confusing so they don't have to go back and do more work correcting all of the miscalculations they have made.
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