Thread: Tax abatements
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Old 10-01-2019, 04:06 PM   #22
jazzman
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We bought a house in Alton for 40k under assessed value. Alton did adjust the assessed value downward, but in the intervening 8 years it's gone up every year. It will be interesting to see what they do with Bahre property(s), which are valued way above what they went for. The town will lose over 100k/year if they have to revalue these to the sale prices.
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