Domain: tiger-web1.srvr.media3.us Richard Lipsey's home for sale | Page 4 | O-T Lounge
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re: Richard Lipsey's home for sale

Posted on 10/9/20 at 3:55 pm to
Posted by ipodking
#StopTalkingAboutWomensSports
Member since Jun 2008
58808 posts
Posted on 10/9/20 at 3:55 pm to
Think he'd do a lease to own?
This post was edited on 10/9/20 at 4:36 pm
Posted by rph1
Baton Rouge
Member since Aug 2013
172 posts
Posted on 10/9/20 at 6:36 pm to
Almost $600/ft? Pahahaha
Posted by GreenRockTiger
vortex to the whirlpool of despair
Member since Jun 2020
60009 posts
Posted on 10/9/20 at 6:45 pm to
Lol I wouldn’t give anyone 4.17 million for all of EBR
Posted by supadave3
Houston, TX
Member since Dec 2005
32044 posts
Posted on 10/9/20 at 6:51 pm to
quote:

That may be accurate, but looking at the EBR assessors map there’s more to it than that. The 8500 assessment he’s been charged is for land only, it shows zero assessed and taxed for improvements.


Maybe all that is true, but why would Lipsey give a shite about his property taxes? I mean, he has an obscene amount of money, right? How much of a difference are we talking about here? What’s the difference in the properly accessed value and what it’s currently accessed at? Are we talking about a few thousand here for state taxes? I honestly have no idea about calculated taxes on a property of that magnitude.

$10,000 year? $20K year? Why would Lipsey, a substantial business owner and stakeholder in BR, risk the political and PR fallout from this for just a few thousand dollars?

I know, you don’t get rich by throwing away money but it seems like a pittance to a man of his means.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36330 posts
Posted on 10/9/20 at 6:53 pm to
quote:

My kitchen is actually nicer than that one


Pics?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36330 posts
Posted on 10/9/20 at 6:55 pm to
quote:

Public tax history

Year PROPERTY Taxes TAX ASSESSMENT

2019 $966 $8,500


Frame of reference. I own a 2/2 1,100 sq ft condo in Chicago and pay right around $6k per year in property taxes
Posted by MikeD
Baton Rouge
Member since Jan 2004
8278 posts
Posted on 10/9/20 at 7:10 pm to
quote:

2019 $966 $8,500


Basically, this means his property has not been reassessed since it was forested land outside of city limits. Probably does not even have any structures on the assessment.
Posted by MikeD
Baton Rouge
Member since Jan 2004
8278 posts
Posted on 10/9/20 at 7:29 pm to
quote:

Owner Name: LIPSEY, RICHARD A
Owner Address: 12400-1 LAKEWOOD POINT DR
Owner CSZ: BATON ROUGE LA 70810-0000
Physical Address:
Subdivision: LAKEWOOD POINT
Lot: 3
Block:
W-D: 3-0
Flood Zone: X PROTECTED BY LEVEE
Legal Description: RESUB. 1995. 1994. (167-10489).
Land: 8500
Improvements: 0
Total Assessed Value: 8500
Homestead Exemption: 0


UNBELIEVABLE
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 10/9/20 at 7:47 pm to
For $4m I would rather something gangster like this:

Posted by doubleb
Baton Rouge
Member since Aug 2006
42266 posts
Posted on 10/9/20 at 7:49 pm to
quote:



Maybe all that is true, but why would Lipsey give a shite about his property taxes?

Call him up and let him know that he hadn’t been paying his fair share for years. He’ll probably write the sheriff a check the next day for the difference.
Posted by MikeD
Baton Rouge
Member since Jan 2004
8278 posts
Posted on 10/9/20 at 7:50 pm to
Surely this would be worthy of a news story by our local news media
Posted by MikeD
Baton Rouge
Member since Jan 2004
8278 posts
Posted on 10/9/20 at 7:59 pm to
quote:

Call him up and let him know that he hadn’t been paying his fair share for years. He’ll probably write the sheriff a check the next day for the difference.


You are woefully naive if you think this dude didn't know that his property taxes were dramatically undervalued.

Better together, right??
Posted by doubleb
Baton Rouge
Member since Aug 2006
42266 posts
Posted on 10/9/20 at 8:06 pm to
quote:


You are woefully naive if you think this dude didn't know that his property taxes were dramatically undervalued.


Turn up your sarcasm detector.
Posted by MikeD
Baton Rouge
Member since Jan 2004
8278 posts
Posted on 10/9/20 at 8:08 pm to
quote:

Turn up your sarcasm detector.


Ah ding ding ding.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53351 posts
Posted on 10/9/20 at 9:12 pm to
quote:

You are woefully naive if you think this dude didn't know that his property taxes were dramatically undervalued

Mine is easily overvalued by 30-40k this year.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
19965 posts
Posted on 10/9/20 at 9:53 pm to
Mine just went up 20%. I wonder if he got reassessed as well.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 10/9/20 at 10:12 pm to
quote:

Public tax history

Year PROPERTY Taxes TAX ASSESSMENT

2019 $966 $8,500
2018 $953 $8,500
2017 $953 $8,500
2016 $953 $8,500
2015 $928 $8,500
2014 $906 $8,500


There's no way this is right. Huge scandal if true.

Maybe its on two lots and this is for the lot that is "empty"? Ya'll should look into it.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
114024 posts
Posted on 10/9/20 at 10:16 pm to
quote:

You are woefully naive if you think this dude didn't know that his property taxes were dramatically undervalued.

Better together, right??


Ding!

Odd how just about everyone else in EBR got a love note from the Assessor (and an on average 10% increase in assessed value), yet somehow he did not.
Posted by Lickitty Split
Inside
Member since Apr 2017
4143 posts
Posted on 10/10/20 at 8:25 am to
Someone needs to expose this guy if this is true.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
63186 posts
Posted on 10/10/20 at 8:28 am to
He must be getting reports that the effort to defeat St. George will fail.
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