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Old 08-11-2009, 09:35 PM
 
3 posts, read 5,704 times
Reputation: 13

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Has anyone been to the Hillsborough county property appraisers website lately, they updated last night for 2009, assesed value is down which is good tax wise, but the market value is disturbing it puts property values at 2000 levels, not the 2003 levels the media has been saying we have leveled off at.
Here is a link:
HCPAFL.org - PROPERTY RECORD SEARCH
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Old 08-12-2009, 08:03 AM
 
Location: Citrus Park, FL
101 posts, read 530,206 times
Reputation: 69
That's very disturbing. I almost wish I hadn't looked....My home value is assessed at almost $100K less than what I paid for it a year ago....
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Old 08-12-2009, 08:44 AM
 
265 posts, read 974,795 times
Reputation: 253
Quote:
Originally Posted by Karamia36 View Post
That's very disturbing. I almost wish I hadn't looked....My home value is assessed at almost $100K less than what I paid for it a year ago....

My observation has been that tax appraisals are generally 15-20% less than actual market value.

Dont feel alone, were in the same boat...
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Old 08-12-2009, 06:15 PM
 
Location: tampa fl-Soddy Daisy Tn
192 posts, read 857,832 times
Reputation: 157
Good I'm glad they are lowering them. They went nuts during the boom. Prices are still falling so if you bought your home to live in live in it and enjoy it. Alot of folks bought at the top of the market and yes it is a painful experience and will be for some time. I feel sorry for those who did.
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Old 08-13-2009, 02:08 PM
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346 posts, read 1,491,093 times
Reputation: 256
If you did buy at the top of the market and are still assessed at a ridiculous rate make sure you challenge the appraisal value of your home. If you had foreclosure sales in the neighborhood, you can argue the price per sq ft is overstated. Use the foreclosures to your advantage. The recent calculations from the county are calculated county wide and if you live in a distressed area, you may be able to reduce your taxes even more.

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