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Updated over 7 years ago, 09/06/2017

User Stats

80
Posts
28
Votes
Kevin Noesner
  • Investor
  • Dublin, OH
28
Votes |
80
Posts

Property tax 2017 reappraisals

Kevin Noesner
  • Investor
  • Dublin, OH
Posted
Franklin county reassessment and reappraisals have hit transitional areas like Merion Village and Olde Towne East pretty hard. Anyone who has BRRR will see that their values have increased significantly. Are there any good tools to estimate the reassessed property taxes? My understanding of Ohio law (which is suspect at best) is that school levy millage must be reduced when the overall tax base increases. Therefore property taxes do not scale 1:1 with property values. It will just get redistributed based on updated values. This makes it impossible to estimate. Any good tools out there that could help?

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