Anonymous
Post 01/06/2024 10:23     Subject: montgomery county tax assessments - WTF
Mine was over $300,000 and I’m in Queens Anne county (super rural). We will appeal.
Anonymous
Post 01/06/2024 10:20     Subject: montgomery county tax assessments - WTF
I live in Burtonsville too and ours went up about that much. It’s what houses are selling for though. I think we got off easy the last assessment or two.
Anonymous
Post 01/06/2024 10:06     Subject: montgomery county tax assessments - WTF
OP if you can find comps in nearby neighborhoods that are lower, definitely appeal. The assessors are state employees who do not get paid nearly enough for the cost of living in MoCo. Their assessments are famously bad. You have a limited time to appeal this assessment and after that you are stuck with it for 3 years.
Anonymous
Post 01/06/2024 08:57     Subject: montgomery county tax assessments - WTF
Anonymous wrote:So it is reasonable for a house in a not desirable part of Montgomery county to appreciate over $200k in 3 years?


If you're not house hunting right now, it's possible you're out of tune with the market. This is approximately 30% appreciation, and most houses in the DMV have easily gone up by that much in the past 3 years. It's really tough for buyers right now. Everyone always likes it when their house value goes up until they have to pay the property taxes.
Anonymous
Post 01/06/2024 08:30     Subject: montgomery county tax assessments - WTF
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You are not real middle class if your house is worth $900, or even $700K.

That’s the issue. The house is not worth $900k. No way. Houses in nerby neighborhoods but in the same general area are going in the $600k range.


When making assessments, they like to use recent sales. Recent sales tend to be new homes that are rebuilds replacing older, existing homes. For some reason, that manages to inflate your property values. I am not sure why.


Their model is broken. The good news is that if you make a reasoned appeal they will usually reduce at the administrative stage and you never have to go to the panel or tax court.
Anonymous
Post 01/06/2024 07:31     Subject: montgomery county tax assessments - WTF
Anonymous wrote:
Anonymous wrote:You are not real middle class if your house is worth $900, or even $700K.

That’s the issue. The house is not worth $900k. No way. Houses in nerby neighborhoods but in the same general area are going in the $600k range.


When making assessments, they like to use recent sales. Recent sales tend to be new homes that are rebuilds replacing older, existing homes. For some reason, that manages to inflate your property values. I am not sure why.
Anonymous
Post 01/06/2024 07:27     Subject: Re:montgomery county tax assessments - WTF
If you really want to get angry look at the assessments for apartment buildings and then compare to the actual sale prices.
Anonymous
Post 01/05/2024 22:31     Subject: montgomery county tax assessments - WTF
Anonymous wrote:Just received our tax assessments. Our house in Burtonsville, MD had an over $200K increase. The new market value for our house is almost $900K!!! The county assessor is definitely smoking crack if they think my house, or just about any house in this area will sell for this much. Low ranked schools, several pockets of high-poverty. Even more areas of lower income residents and a few of us in the real middle class. Ridiculous increase in crime, and no where to work without heading at least 30 minutes away. This is not a desirable area of the county yet we have to pay taxes like it is!
Of course it is the county trying to make up for their wasteful spending and their inability to build and maintain a higher paying tax base.
I am glad that our last kid is graduating next year and we are moving away and I literally can't wait, but I have several elderly neighbors who are living in very old, tiny homes who have also seen their assessments go way up.
I want to complain and I want to help my neighbors complain. Outside of going thru the trouble of filing an appeal that I know I won't win, how do i draw more attention to the fact that the value of my house will not go up over 200K in 3 years. In fact, I won't be able to sell it for much more than what I paid for it 10 years ago!
Anyone else see theirs go up so much?


Well,

Among the many many benefits MoCo generously offers its residents is to pay for the defense attorneys for residents who are illegally in the USA.

Attorney fees are not cheap you know!

You need to pay and stop complaining, OP.
Anonymous
Post 01/05/2024 22:23     Subject: montgomery county tax assessments - WTF
Anonymous wrote:
Anonymous wrote:You are not real middle class if your house is worth $900, or even $700K.

That’s the issue. The house is not worth $900k. No way. Houses in nerby neighborhoods but in the same general area are going in the $600k range.


Then, appeal it.
Anonymous
Post 01/05/2024 22:22     Subject: montgomery county tax assessments - WTF
Where are you going OP ?
Alabama Arkansas MO MI
Florida will cost more and no home owners ins to get right now and hurricane repairs no joke


Anonymous
Post 01/05/2024 22:21     Subject: montgomery county tax assessments - WTF
Anonymous wrote:You are not real middle class if your house is worth $900, or even $700K.

That’s the issue. The house is not worth $900k. No way. Houses in nerby neighborhoods but in the same general area are going in the $600k range.
Anonymous
Post 01/05/2024 22:21     Subject: Re:montgomery county tax assessments - WTF
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
If you think your assessed value is too high, then you should appeal. If you want to help your neighbors appeal, then you should do that. Look at comparable properties in the area that recently sold.


This is key -- you need to show comps to win an appeal. Just saying "it's too high" won't work.


What if there are no comps. There haven’t been any house sales in our neighborhood for years.

If there are no comps how do you know the assessment is too high?


That post never said the assessment was too high. But what SDAT used for comps with fewer sales than they’ve had in the past probably threw off some of the assessments.


You think someone is secretly complaining that their assessment is too low? ooooookay
Anonymous
Post 01/05/2024 22:19     Subject: montgomery county tax assessments - WTF
So it is reasonable for a house in a not desirable part of Montgomery county to appreciate over $200k in 3 years?
Anonymous
Post 01/05/2024 22:03     Subject: Re:montgomery county tax assessments - WTF
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
If you think your assessed value is too high, then you should appeal. If you want to help your neighbors appeal, then you should do that. Look at comparable properties in the area that recently sold.


This is key -- you need to show comps to win an appeal. Just saying "it's too high" won't work.


What if there are no comps. There haven’t been any house sales in our neighborhood for years.

If there are no comps how do you know the assessment is too high?


That post never said the assessment was too high. But what SDAT used for comps with fewer sales than they’ve had in the past probably threw off some of the assessments.
Anonymous
Post 01/05/2024 18:35     Subject: Re:montgomery county tax assessments - WTF
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
If you think your assessed value is too high, then you should appeal. If you want to help your neighbors appeal, then you should do that. Look at comparable properties in the area that recently sold.


This is key -- you need to show comps to win an appeal. Just saying "it's too high" won't work.


What if there are no comps. There haven’t been any house sales in our neighborhood for years.

If there are no comps how do you know the assessment is too high?