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john70t john70t is online now
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Join Date: Aug 2001
Location: midwest
Posts: 40,409
"Dear City Assessors office, the ownership/title of this property was exchanged after being on the national MLS market for x days, and was made between parties previously unknown to each, and through third-parties.
It was an arms-length transaction made at fair market value.
Please modify the assessment to properly refect the true market value."

(other)
Hire a third-party appraiser or two.

(other)
Use statistical data of change in average area property values from media, and get neighborhood comps from the assessors office/website/other.

In Mi, first there's a local board of review(made of mostly Realtors). They can be knowlegable and fair when presented with a compelling case. Then onto a state appeal with the Michigan Tax Tribunal. Then onto court if still grossly disproportional.

My neighbor pays less than half mine and has 1/3rd more lot, but her house is small and trashed. These things count as well.
Old 01-17-2012, 07:19 PM
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