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Updated about 15 years ago,
This is a dumb question I'm sure...
Is the taxable market value of a property(in this instance a fourplex) the actual marketable value? I found a fourplex with freeze damage, gutted down to the studs for a little over $30k. The total taxable market value as stated by the county is $215k, by the city-$233k.
If that is the marketable value, then this could be a fantastic deal and if I had the money I'd snatch it up.
Thanks!