Property Tax BS!

[UserRemoved1]

Bill come back later and tell us how you did pse. Be interested to see what you saved for the time invested.

Originally Posted by striperman36

I am appealing

[nightfighter]

Comp rates around north shore.


How Does Marblehead's Tax Rate Compare Across North Shore? - Marblehead, MA Patch

[fishbones]

Salty, I'm a little confused here. You say that the property assessed rate is based on comparable MLS sales in the area. Then you say that the tax rate is adjusted so that the town budget can be met each year. Then you say that they can't just arbitrarily increase taxes to meet their budget targets.

Houses in my neighborhood have sold for 20 to 40% less over the last 3 years than they were selling for prior to that. My assessed value hasn't gone down in the last 3 years.

If they need to meet a town budget number and they have a huge deficit, what is the town going to do? They can't increase the tax rate more than 2.5% without it going to town meeting for a vote. If the real estate markets reflect a big decrease in sold prices in a town, how can they assess the home at a higher rate to make up the budget shortfall? By your logic, they have to do something to make up the deficit. If the assessed value is strictly based on "MLS sold prices", how in the hell can the value of a property go up without any improvements having been made?

And to your point about there being a mistake made on my neighbors property a couple years ago, nice try but you're wrong. The surveyors and assessors maps both clearly show that the land was not useable, and the maps had not changed since the home was built. The town was throwing poop against the wall and hoping some would stick. They figured if they did it to enough people, some of them wouldn't question it.

[UserRemoved1]

Originally Posted by fishbones

Houses in my neighborhood have sold for 20 to 40% less over the last 3 years than they were selling for prior to that. My assessed value hasn't gone down in the last 3 years.

So
Why haven't you filed for an abatement? The town isn't going to do it for you???


"If they need to meet a town budget number and they have a huge deficit, what is the town going to do? They can't increase the tax rate more than 2.5% without it going to town meeting for a vote. If the real estate markets reflect a big decrease in sold prices in a town, how can they assess the home at a higher rate to make up the budget shortfall? By your logic, they have to do something to make up the deficit. If the assessed value is strictly based on "MLS sold prices", how in the hell can the value of a property go up without any improvements having been made?"

I'm not the one who makes the laws/bylaws. It's what we were told is how it's done and this was echoed by my real estate agent who has no iron in the fire...

"And to your point about there being a mistake made on my neighbors property a couple years ago, nice try but you're wrong. The surveyors and assessors maps both clearly show that the land was not useable, and the maps had not changed since the home was built. The town was throwing poop against the wall and hoping some would stick. They figured if they did it to enough people, some of them wouldn't question it."

All I will say is PROVE IT. I don't believe it for a second. Kennedy wasn't shot he's still alive. If you really believe this happened then you got one hell of a lawsuit against the town.

[fishbones]

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&

So
Why haven't you filed for an abatement? The town isn't going to do it for you???

I have no reason to ask for an abatement. I just gained .01 acres on my property according to the town last year.

"If they need to meet a town budget number and they have a huge deficit, what is the town going to do? They can't increase the tax rate more than 2.5% without it going to town meeting for a vote. If the real estate markets reflect a big decrease in sold prices in a town, how can they assess the home at a higher rate to make up the budget shortfall? By your logic, they have to do something to make up the deficit. If the assessed value is strictly based on "MLS sold prices", how in the hell can the value of a property go up without any improvements having been made?"

I'm not the one who makes the laws/bylaws. It's what we were told is how it's done and this was echoed by my real estate agent who has no iron in the fire...

Oh, I get it. You believe everything you're told. That's your answer for how the assessed value of a property goes up even when the MLS sales in the area shows that the value should be down? You said it's set by the MLS sales in the area, yourself. Your reasoning makes absolutely no sense. Your argument is that you believe what your town tells you and your real estate agent says (although I doubt you actually asked your RE agent about how taxes can go up and down from year to year). Have you ever spoke to anyone on the Board of Assessors in your town? I have. I'm on another board in my town and actually sit in on meetings with them. I have a little bit of insight about the towns budgets, etc...

"And to your point about there being a mistake made on my neighbors property a couple years ago, nice try but you're wrong. The surveyors and assessors maps both clearly show that the land was not useable, and the maps had not changed since the home was built. The town was throwing poop against the wall and hoping some would stick. They figured if they did it to enough people, some of them wouldn't question it."

All I will say is PROVE IT. I don't believe it for a second. Kennedy wasn't shot he's still alive. If you really believe this happened then you got one hell of a lawsuit against the town.

I told you about the assessor and surveyor maps. I saw the maps myself when I went with my neighbor to the town hall. They are the originals. Do you really believe that all towns operate completely above the board, or do you just not know how to say that maybe you were mistaken?