I am sure you are aware your taxes are based on the value of property the previous year not your current tax year you are paying. Remember when we enjoyed the property going up and the property taxes remaining the same. Now they beat us while we're down. When the market began to drop the began to reassess the properties. I am sure you are aware the tax formula is 80% of the assessed value x .003 (millage rate) I hope this helps to understand. Not fair or good timing to begin raising taxes when insurance is so high and limited insurance availablility. The good new is we are starting to see relief on insurance yeah! Feel free to contact me atthe numbers below.
RE/MAX of Gulf Shores
I did a quick lookup and did not find a completed sale for a lot in Riverwood for over $45,000. I also spot checked a few tax appraisal lot values in Riverwood and they are about the same values. You should file an appeal before the last Monday in April for taxes due Oct. 1, 2008.
Consult the Baldwin County Revenue office website for more information: http://www.co.baldwin.al.us
You can search Trulia for sold properties in Foley.
Dan in Fairhope, AL 36532