Home address: 603 Chaffee Dr
2021 Taxable Value: $314,384
Recent Sales Price: $190,000 – Over-taxed by 65%
Most home owners who do not appeal annually pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Property owners can appeal both market value and unequal appraisal. Property tax appeals are often won with a smile and a bit of data.
Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low.Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals.Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners. Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property. Assessors do not visit houses because of appeals