Home › Forums › Closed Forums › Properties or Areas › local realtor may have stolen property from mentally disabled man › spdrun wrote:2% per annum
[quote=spdrun]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.[/quote]
spd, for being located on the east coast of the US (and not “local”), I think you’re pretty sharp.
I actually think the Olson’s purchased it between 1966 amd 1973.
