Tarrant County Appraisal District appears to have over-taxed this property by 84%!
The house at 4401 Bellaire Dr S # 126S, Fort Worth, Texas, 76109 sold for $75,000 in April 2020. Tarrant County Appraisal District valued this property at $137,954 for the 2020 property tax year
The owner will pay an extra $1,700 (2.7% tax rate times amount over-valued) in property taxes, just for this year, unless they protest their property taxes or hire a property tax consultant to protest for them.
The first step for homeowners is to obtain a homestead for their primary residence. It does not appear the home at 4401 Bellaire Dr S # 126S, Fort Worth, Texas, 76109 is the primary residence. They do not have their homestead exemption.
Tarrant County Appraisal District reports this 744 square foot house was built in 1972 and is located on a 232,372 square foot lot.
Because the property is more than 25% over-taxed, it qualifies for a substantial error protest if a routine protest was not filed.
If you know the owners of 4401 Bellaire Dr S # 126S, Fort Worth, Texas, 76109 please encourage them to file a property tax protest. Even if they missed the May 15 protest deadline, they can still file a substantial error protest. In many cases, if they provide the appraisal district with a copy of the closing statement, they will correct the value.
Just for filing a form with a copy of the closing statement the owner can save $1,700.
Tarrant County property tax information: Tarrant County Appraisal District
Tarrant County property tax info: Business personal property tax protest
Comments are closed.