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Started By
Message
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Posted on 7/20/22 at 8:49 am
Posted on 7/20/22 at 8:49 am
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This post was edited on 8/12/23 at 12:59 am
13
Posted on 7/20/22 at 8:51 am to MrLSU
quote:
$650k to have a new tax bill of $91,465.50.
No way that is correct.
Posted on 7/20/22 at 8:51 am to MrLSU
in a city full of crooks, he's high up on the list for sure
Posted on 7/20/22 at 8:52 am to MrLSU
Wait. An assessor is doing some illegal shite? This must be a first..
All of those sons a bitches are no good.
All of those sons a bitches are no good.
Posted on 7/20/22 at 8:52 am to MrLSU
quote:
Erroll Williams
Can’t these people not break the law for once?
Posted on 7/20/22 at 8:53 am to MrLSU
quote:
I used the online tax calculator on the Assessor's website and it estimated the new taxes on one home that sold last year at $650k to have a new tax bill of $91,465.50
quote:how about you review yours first Baw
Start reviewing your assessments
Posted on 7/20/22 at 8:54 am to OweO
quote:the Democrat ones
An assessor is doing some illegal shite?
This post was edited on 7/20/22 at 8:55 am
Posted on 7/20/22 at 8:57 am to MrLSU
So glad I moved out of that shite hole.
Posted on 7/20/22 at 9:01 am to MrLSU
quote:
Louisiana Tax Assessors are required by law to use COMPS - not the actual selling price of the actual property. to determine property tax assessments.
Yeah but that takes work.
Posted on 7/20/22 at 9:02 am to MrLSU
Taxes on $650,000 with homestead exemption is estimated to be $8,188.10 and without homestead exemption $9,146.15
Posted on 7/20/22 at 9:04 am to SuperSaint
I reviewed two of the houses I sold on the assessors website: one went up $18k and the other $32k which are both extreme but as bad as many others I looked at.
Posted on 7/20/22 at 9:06 am to OweO
You don’t own property
Posted on 7/20/22 at 9:07 am to MrLSU
I think you might be adding an extra zero.
Posted on 7/20/22 at 9:13 am to Larry Dallas
From what I can tell, it looks like the assessed value is roughly around 10% of the market value?
Posted on 7/20/22 at 9:24 am to MrLSU
Just checked mine. My assessed building value was increased to match the sale price of my house that we bought in April. Roughly an $1,800 increase in property taxes vs what the previous owner paid last year using the estimator.
It says “2023 Uncertified”. Will be bringing this up Friday when we apply for homestead.
It says “2023 Uncertified”. Will be bringing this up Friday when we apply for homestead.
Posted on 7/20/22 at 9:41 am to MrLSU
I get that the assessor is supposed to only use comps. But Why are sale prices not a valid way to determine home value? Otherwise the values are arbitrary.
Posted on 7/20/22 at 9:51 am to biglego
quote:
I get that the assessor is supposed to only use comps. But Why are sale prices not a valid way to determine home value? Otherwise the values are arbitrary.
Because sales price, especially recently, is greatly affected by cost of borrowing. New Orleans real estate was through the roof between 2020 and May 2022.
Posted on 7/20/22 at 10:09 am to MrLSU
Did some sleuthing. In my neighborhood, houses purchased after 3/31/2022 had 2023 assessment increases to equate sales price. Anything before that date had the assessed value return to 2021 assessed value as we were told would happen post-Ida.
Posted on 7/20/22 at 10:28 am to MrLSU
Just reparations.
Posted on 7/20/22 at 10:44 am to jordan21210
Ah. Ok. So what are comps based on then? Just…other comps? They seem arbitrary.
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