Home address: 212 Mattson St
2021 Taxable Value: $ 145,540
Recent Sales Price: $ 82,000 – Over-taxed by 77%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protect your home by appealing property taxes annually.
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