Posts Tagged ‘property taxes’

Property tax revenue generation going too far?

Thursday, May 28th, 2009

We’ve seen these homes many times throughout Portland but today we came across this one, again, and figured it was time to say something. taxrevenue1I will absolutely not claim to know what the deal is behind this particular home and I certainly will not mention where it is, however we see this frequently, tall skinny homes squeezed into what once was a 1/4 acre or 1/2 acre lot that the city of Portland allowed to be split. While we have no problem recognizing the need to do some infill projects to avoid sprawl, what we cannot understand is the complete dis-regard for property owners and property values by allowing something like this to be erected and squeezed right in between these two homes.

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High property taxes not accurate in this down market? Fix it!

Tuesday, February 24th, 2009

In this depreciating market we commonly see homes with say a $500K assessed tax value when the homeistockphoto_1916747_tax_man has dipped quite a bit, say to $450K and while this difference in a tax bill isn’t massive, in areas that have been hit hard like Happy Valley the difference is often huge. One of the homes we recently sold in Happy Valley had a tax assesed value of $750K, we bought it for $450K, that is a difference of thousands of dollars in property taxes. So, what can you do about it? APPEAL IT. (more…)