Today is the deadline for Fulton, Clayton and Cobb County property owners to appeal their property tax assessments.
Just curious: did any Fresh Loaf readers file appeals?
I'm about to file mine. In true journalistic fashion, I've waited until deadline day.
Fulton County wants to tax my home in Southwest Atlanta based on its 2006 value. Home values in much of Southwest Atlanta have, in fact, been in free-fall since early 2007.
The situation is so bad at the moment, if you look up 2BD/1BA listings near my home you'll find a home on sale for $6,700. It's almost certainly a rat-infested shit-hole (or, possibly, a shit-infested rat-hole), but it drags down the value of every other 2BD/1BA home in the area.
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We filed ours back in January as well as filed for the homestead exemption. I got thrown over the edge when I got around to pulling the assessments on neighbor's houses. Our place (also in the SWAT) was "valued" almost 40k more than the house across the street which was built in the same year and is in better condition.
My real estate agent mother-in-law provided me with a list of comparable home sales in Capitol View last year. The average sale price of a 2BR/1BA home was $31,100.