Propety Tax - Taxable Value

[Manny Rana]

Hi Everyone,

A few months back, I closed on a 2-unit in West Village and this week I got the notice from the Board of Assessors in regards to the new taxable value on the property.  I was expecting an increase, but I wasn't expecting the taxable value to almost triple.

I'd love some guidance when it comes to filing an appeal.  I live in CA so I'm trying to understand the process of appealing for a non-resident.  I've received conflicting guidance and looking for clarity.  Some tell me to call the Assessors office and schedule an appeal and an inspector will physically come to the unit to reassess.  Others tell me write a letter of appeal and fill out the Board of Review petition form and mail it to the Assessors office.

I am planning on calling the Assessors office for clarification, but any guidance the community may have on the process of appealing would be really helpful.  If anyone has gone through the process, I'd also love to know my chances for a favorable outcome and what I can do to ensure a favorable outcome.

Thanks so much!

Manny