how to find circa Jan 07 sales price of homes in 92590 for decline in value prop tax reassessment application?
December 82009
I want to apply for decline-in-value prop tax reassessment in Riverside County (Prop 8). I need to show sales that closed around Jan 1 2007 of homes comparable to mine to support my request.
Go to your register of deeds office and research the area in which you live. You will have to look at the Transfer Return Tax and calculate the selling price but someone in the office should be able to tell you their formula. In our state it is $3.00 per thousand of the selling price. Also call your assessor and find out what percentage you are being taxed at. I just did this because ours is down to 74 percent of value..this means that our mill rate is higher because new homes and improvements haven’t been assessed and are not being taxed fairly. Find out when the last assessment was done and what the percentage is..if it has been below 90 for the last 4 years …they need to get off their laurels and get it done. Even though this will probably raise the value of your home it will lower the mill rate so your taxes will go down.
December 8th, 2009 at 8:10 pm
In Australia we have RP Data.
Maybe you could search for similar or ask local
real estate agent.
References :
December 8th, 2009 at 8:59 pm
Go to your register of deeds office and research the area in which you live. You will have to look at the Transfer Return Tax and calculate the selling price but someone in the office should be able to tell you their formula. In our state it is $3.00 per thousand of the selling price. Also call your assessor and find out what percentage you are being taxed at. I just did this because ours is down to 74 percent of value..this means that our mill rate is higher because new homes and improvements haven’t been assessed and are not being taxed fairly. Find out when the last assessment was done and what the percentage is..if it has been below 90 for the last 4 years …they need to get off their laurels and get it done. Even though this will probably raise the value of your home it will lower the mill rate so your taxes will go down.
References :