Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago on . Most recent reply

Property taxes in Cuyahoga County
Doing du diligence on a duplex in Garfield Heights listed for 135$. The overall tax is 4.3%. The last appraisal for tax is 71K (so about $3K/year). My question is, when the county does the next appraisal in 2024, what is the chance that they set the value to 135K so that the tax bill will double to $6K?
Most Popular Reply

They will increase value but not likely to go all the way to full market value. I've seen this cycle a few times in counties around me.