[quote=SD Squatter]Ok, here are some rough rounded-off numbers:
Old assessment (late 2011, after a foreclosure by the bank):
land: 180k, improvements: 280k total: 460k
New assessment (spring 2012, after a purchase from the bank):
land: 300k, improvements: 150k total: 450k
No changes to the property between assessments (ok, maybe bank did vacuum the dirty carpet that it didn’t even bother to replace).
Some volatile market we’ve got here…[/quote]
Even if they reversed it, so what. Let the mistake lie and don’t sweat the small stuff. Your tax bill is the same.
Actually, if you decide to remodel in the future and obtain a permit to increase the footprint, I would think the assessor would add LESS assessment to the finished remodel from your NEW first full tax bill as opposed to the old one (prev owner’s bill?) as they are starting from a lower assessment of the “improvements :-]