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Updated almost 5 years ago,
Tax assessor Appraisals: Fact or Fiction?
I found a deal for a SFH that is selling for $56,900. 3/2 and about 1400 sqft. On the tax assessor website, it says....
Land value: 20,000
Improvement Value: 72,000
Total: 92,000
Good neighborhood
Rent is about $840
Built in 1995
Owner even willing to do owner financing for 20% DP
(Which I have)
My question is, how accurate are the tax assessor “Appraised Values” on the county Assessor websites?