Appealing property tax in Ferndale, Michigan

[Tzvi Keisar]

Hi,

The appraiser in the city of Ferndale, MI decided that my rental property value increased by over 20% YoY from when I bought it in June 2024. I have an appraisal from June that year with value of 180k, while the county assessor decided it is 225k this year. There were no renovations done since purchase.

I missed the appeals window (I received the mail late February and the window closed early March). Now the equalizer says I can go to the Michigan Tax Tribunal, but since there is no appeal in the Board of Review, there is a slim chance they will accept the appeal.

Has anyone been in this situation before and can help me understand my next step? Should I appeal to the Tribunal? it is a $250 fee and according to the equalizer it is money down the drain...   should I sue the city/county? any recommendations for a good property tax lawyer?

Thanks in advance!