woodbury_owner_IHB
New member
According to OC Prop Tax board, my house value stayed the same this year (as opposed to standard 2% increase). I was curious about the same models around me and I noticed everyone had their value REDUCED!! Here's the kicker.. they were all reduced to a few k under my house value. I paid the least amount for my model and now my value is a few k higher than the other houses. Here are the numbers for the 4 homes that are my model (sold within 1 month of each other)
House 1 - 595k
House 2 - 580k
House 3 - 595k
Mine - 540k
House 1, 2, and 3 now have an assessed value of 545k and mine is 547k (due to the increases from prop 13). This type of calculation seems really off to me and I have already submitted my appeal paperwork. It makes no sense that I paid ~50k less than everyone else (due to less upgrades) and now my value is 2k higher than theirs! Has anyone seem similar examples?
House 1 - 595k
House 2 - 580k
House 3 - 595k
Mine - 540k
House 1, 2, and 3 now have an assessed value of 545k and mine is 547k (due to the increases from prop 13). This type of calculation seems really off to me and I have already submitted my appeal paperwork. It makes no sense that I paid ~50k less than everyone else (due to less upgrades) and now my value is 2k higher than theirs! Has anyone seem similar examples?