Mysteriously Low Property Taxes

[Brayden James]

I came across a property that is for sale for $145k. It was built in 2017. However, the property taxes on the listing service says they paid $200 in 2018. Yes $200. I even checked the county's tax assessors website and it gave it an appraisal value of about $8k.

This makes the property a killer deal on paper. Is this something anyone has experience in? With higher property taxes the deal is a very average deal. Do you advise against buying this property with the assumption that the tax appraisal will remain the same for some reason? Thanks!