Home › Forums › Closed Forums › Properties or Areas › local realtor may have stolen property from mentally disabled man › 2% per annum compounded over
2% per annum compounded over 35 years is only 200%. If they bought it for $40,000 in 1979, it’s quite plausible.
Also, there may have been some years where the assessment did NOT go up by the 2% per annum.
