Quote:
Originally Posted by winnisquam
Sanbornton waterfront. Tax assessment went up 112%, just over $2M now. Taxes went from $20K to $26K a year. Filed an abatement with solid basis of six larger properties and more frontage, denied!
We have 3 seasonal camps with an apartment over a garage on 2 acres with 175' of frontage all built between 1950 and 1974.
Their basis is market value. All dwellings are grandfathered so we can tear down and rebuild with year-round homes or sell the property with the same intent, so getting taxed on what we could do!
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Did your assessment go up 112% or 12%? If it actually went up 112% that means it was assessed at less than $1M before.
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