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Updated over 12 years ago on . Most recent reply

User Stats

408
Posts
37
Votes
Ben Bakhshi
  • Investor
  • Atlanta, GA
37
Votes |
408
Posts

Question about property taxes for distressed properties.

Ben Bakhshi
  • Investor
  • Atlanta, GA
Posted

I am trying to estimate property taxes on a potential buy that was an REO in 2009 (sold for $50,000 at auction).

8 bedroom duplex asking $85,000 in Atlanta Georgia.

Redfin shows:
Tax (City & County): $2,250
Tax Year: 2011

The previous sale price was $370,000.

Any evidence that the property taxes will stay the same or be lower if we close on the $85,000 purchase price?

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