Winnipesaukee Forum - View Single Post - Tax assessors coming to invade your privacy

longislander · 08-13-2021, 06:43 PM

Assessments:
A S S E S S I N G S TA N D A R D S B OA R D
Reference Manual for Selectmen,Assessors,and Taxpayers

Understanding NH Property Taxes
T H E O F F I C I A L N E W H A M P S H I R E A S S E S S I N G
R E F E R E N C E M A N U A L

https://www.revenue.nh.gov/mun-prop/...asb-manual.pdf

Also,
How much sympathy is there for the crazy property values and limited inventory! A Moultonborough property from the neighborhood I left three years ago (all are public documents).

On Long Island in Moultonborough in my former neighborhood:

Sold on 05/17/2018 for $347,000 per town records; Registry of d Deeds Book 3388 Page 242. So that there is no semantics issue:
tax stamp value = $15/$1000 of sales price
Carroll County registry of deeds: real estate transfer tax stamp for this property: $5205 at $15/$1000 sales price, then, this property sold in 2018: 5205000/15 = $347,000

Same property with some limited upgrades sold in 5 days in 2021 for $689,000
Asking price was $650,000 which I thought at the time was crazy!
https://www.coldwellbankerhomes.com/.../pid_41884556/

Same property Sold 08/02/2021
Carroll county registry of deeds : Book 3606 Page 498; tax stamp:$10,335
$10,335 = $15/$1000 x sales price
or sales price = $10,335 x $1000/$15 = $689,000

Or ,
$10,335 = $.015 x where x is sales price; $10,335/$.015 = $689,000

How is an assessor going to handle this!

All property values have gone up, for whatever reasons, we are all familiar with. Maybe it is not assessments that should attacked, but tax rates, and how they come about!

08-13-2021, 06:43 PM	#18
longislander Senior Member Join Date: Jun 2007 Location: Moultonborough Posts: 501 Thanks: 43 Thanked 93 Times in 70 Posts	Assessments: A S S E S S I N G S TA N D A R D S B OA R D Reference Manual for Selectmen,Assessors,and Taxpayers Understanding NH Property Taxes T H E O F F I C I A L N E W H A M P S H I R E A S S E S S I N G R E F E R E N C E M A N U A L https://www.revenue.nh.gov/mun-prop/...asb-manual.pdf Also, How much sympathy is there for the crazy property values and limited inventory! A Moultonborough property from the neighborhood I left three years ago (all are public documents). On Long Island in Moultonborough in my former neighborhood: Sold on 05/17/2018 for $347,000 per town records; Registry of d Deeds Book 3388 Page 242. So that there is no semantics issue: tax stamp value = $15/$1000 of sales price Carroll County registry of deeds: real estate transfer tax stamp for this property: $5205 at $15/$1000 sales price, then, this property sold in 2018: 5205000/15 = $347,000 Same property with some limited upgrades sold in 5 days in 2021 for $689,000 Asking price was $650,000 which I thought at the time was crazy! https://www.coldwellbankerhomes.com/.../pid_41884556/ Same property Sold 08/02/2021 Carroll county registry of deeds : Book 3606 Page 498; tax stamp:$10,335 $10,335 = $15/$1000 x sales price or sales price = $10,335 x $1000/$15 = $689,000 Or , $10,335 = $.015 x where x is sales price; $10,335/$.015 = $689,000 How is an assessor going to handle this! All property values have gone up, for whatever reasons, we are all familiar with. Maybe it is not assessments that should attacked, but tax rates, and how they come about!