Does anyone know the how the assessed value of real state in Rose Valley compares to the market value ?

Jack Barr
Other/Just Looking

I'm trying to determine what the taxes would be on a new home valued at around $750k....Thanks, Jack

Answers (2)
Jack Barr
Other/Just Looking

Shelby, thanks for your response - its very helpful. My wife and I are looking at Traymore and trying to compare the costs there with Applebrook in Malvern which is where we are now. I think we talked with your husband (Don) when visiting the models.
Regards, Jack

Fri Feb 15 2008, 13:12
Shelby Charles
Agent
19063
FIRST ANSWER

Yes , the Common level ratio (61.7)times the sale price is what the assement should be. Then that figure times the millage will give you the Taxes. If the assement to the property is higher than the new established sale price times the common level ratio of 61.7 then you would need to do a tax appeal which can be done usually each year from March to August. and hearins would br conducted in Nov of same year to be effective for the following year.

Fri Feb 15 2008, 11:22

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