Be careful before you appeal your Chester County property assessment
County Assessor Robert McRae recently warned a group of Chester County residents that assessment appeals can sometimes lead to an increase in property taxes for individual homeowners. Like other Pennsylvania Counties, Chester County assesses property at a percentage of the market value. That percentage, known as the Common Level Ratio, is currently 51.8 percent of a property’s resale value. Thus, a property with a sales value of $100,000 would be assessed at $51,800, with a tax rate applied to the lower figure. In some instances property owners appeal assessments using data that either doesn’t agree with the county’s or isn’t thorough enough. In both instances, McRae says, the appeal process could lead to a higher assessment or no change. Questions regarding assessment of specific properties should be addressed to assessor’s office at 610-344-6105. Answers for more general questions may be available on the county’s webs site, www.chesco.org.
Where the heck can I find a house for $100,000 in Chester County!!
Diane
August 5, 2008 at 3:31 PM
I don’t know if this is happening outside California, but there is a property tax reassessment scam going on:
http://kelleyeling.wordpress.com/2009/02/07/beware-property-tax-reassessment-scam/
Kelley Eling
February 10, 2009 at 12:31 AM