Monday, April 27, 2009
BIG CHANGE IN ASSESSMENT ???
Two years ago a “waterfront” lot in our subdivision sold for $65,000. Norfolk actually owns a 25’ strip around the entire lake but our assessor still calls it waterfront. It is covered with scrub pine and will not perk. The new owner put it up for sale at $325, 000 and the current assessment is $251,000. Recently it sold for $165,000, $86,000 less than its assessed value. Can we rightfully assume it will now be assessed at the sale price of $165,000? And can we assume that all land values in the subdivision will also be lowered by the same 34 percent? If the sale of an overpriced home and property can cause all assessments in a subdivision to skyrocket, this sale should bring land values down. Any arguement?
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5 comments:
A reaonable and factual idea, but it just will not happen in Suffolk. The City has the need to keep these prices artificialy high to keep the money rolling in. This is how Councilman Brown "Raises our Means", so they can RAISE OUR TAXES! If this kind of thing was done on East Washington Street they would call it a crime. Teh offender would be call a "Shake-down Artist" and put into jail. The problem we have is the people who own the courts and jail are to the one's doing the shaking-down.
Enjoy your stay in "SSS", Suffolk Socialist State!
"History affords us many instances of the ruin of states, by the prosecution of measures ill suited to the temper and genius of their people. The ordaining of laws in favor of one part of the nation, to the prejudice and oppression of another, is certainly the most erroneous and mistaken policy. An equal dispensation of protection, rights, privileges, and advantages, is what every part is entitled to, and ought to enjoy... These measures never fail to create great and violent jealousies and animosities between the people favored and the people oppressed; whence a total separation of affections, interests, political obligations, and all manner of connections, by which the whole state is weakened."
--Benjamin Franklin, Emblematical Representations
Or as Council-Developer Brown phrases it: "I'll raise your means, so you priveliged people can pay for what I and my henchmen demand!" Local government, brought to you by the mindless mob.
I disagree about lowering taxes. Keep them up, fatten the wallets of city employees, more big contracts for city officials, let the elected officials like Brown continue to improve their means while forcing out the long time residents that did nothing to stop it. It's too late to stop it now until this city goes into bankruptcy we will be in their crosshairs.
So this is the Change we can believe in? Cuffee-Glenn and her Obamanistas will gladly take your money, hire their friends for a fat salaries and let the city slide backward. Pretty soon parts of Suffolk are going to look like Gary Indiana.
People jsut have assessment fatigue. They are wornout arguing with a system stacked against them. They have found that it is easier just to pay up and them carp about it to set their mind as rest. Some system.
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