Quote:
Originally Posted by Hugh R
1.25% of sales price of the home under Prop 13, mine is assessed about about $400K, they can raise the assessed value 1%/year, but with special assessments for roads, street lighting, etc., I pay close to $7,000. BTW, I live on a private road and get NO road, street lighting, nothing on my street for those extra assessments.
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Wait Hugh, you got that "awesome" sign just down the street. That should increase your value by 25% soon. Maybe they'll bring in some lights to light it 24/7. Still there?
