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Re: O.T. Property Tax Accessment
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Posted by MSD on March 08, 2005 at 19:57:26 from (67.1.180.224):
In Reply to: O.T. Property Tax Accessment posted by Frank (N.Mi.) on March 08, 2005 at 16:48:11:
Here in SD, I had 2 plats of land adjoining each other. I sold the 17.5 acre pasture to a neighbor for $13,000. Last year the assesed value of the 17.5 pasture and the 15.5 acres of crop land that I kept was $54,653. This year the neighbor got an assesed value of $46,563 on his $13,000 pasture. I got an assesed value of $43,513 for my crop land. The total value of the 2 peices is now $90,076. Thats $35,423 more assesed value they can tax. The neighbor did complain and managed to get his lowered to $22,000 but was still mad it was assesed higher than what it is actually worth.
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