I'll try to be brief.I was shown a house and the MLS remarks had a city project id, there was an assessment and the payment to the buyer from the city for replacing a retaining wall and fence.My buyer's agent called the listing agent, who casually explained that it was a little utility work and sent a URL to some newsletters the county sent out several years ago when they were voting for the project.I called the city and talked to someone in the engineering project to see what was up.

Norristown school district is not really a good school district, and the school taxes are rather high; the number you posted seems like it could be low (or the property really has a low assessed value).

As far as taxes, you can't assume the basis for the assessment will be the purchase price.

I really don’t mind putting the time to research and assess the house value myself.

I do not have any long term partners so to speak.There are many more details, but that is just my take on a quick assessment.

Usually if all goes south for some reason the RE Commission sends you a cease and desist letter, if they want to be nasty the will assess an administrative fine, but rarely, the usually give you a verbal slap and say stop it, get a license.

In one state I buy in, the property is assessed based on the surrounding area and taxed accordingly.

In finding a home performance contractor that can assess the safe and efficient operation of the major systems of you home one thing to look for are contractors with certifications.

Brick duplex with identical 2/1 units 36k purchase price (most recent tax assessment was 65k).

Beware the special assessment!