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Updated over 13 years ago,

User Stats

41
Posts
5
Votes
Andrea F.
  • Real Estate Investor
  • Atlanta, GA
5
Votes |
41
Posts

Results from contesting property taxes

Andrea F.
  • Real Estate Investor
  • Atlanta, GA
Posted

Greetings all, just wanted to share my positive news that I just got a property tax down from $3,550 to $397. This was for a Fulton County (Atlanta) SFR foreclosure we purchased in December 2010 for ~ $24,000. The $3,550 seemed outrageous. In 2010 it was valued at $72,300/ taxable value $28,920. In 2011 the taxable value went DOWN to $9,000 but the taxes went UP almost double.

Anyway, I contested the amount, and sent the paperwork off into the abyss. One month later, I've saved $3,100... AND what's most amazing is that they actually sent the notice to the right address!

As someone who is still in the learning curve, I'm happy with this little triumph and recommend any others new to a surprising property tax statement to take a moment to contest them.

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