Gilford Tax Bill Shock !
Just opened my Gilford tax bill and was totally SHOCKED !
With the new tax rates my taxes have jumped a whopping 21% which sounds absurd ! The town has my property valued at $397k, previous tax bill had valuation at $335k a net difference of $62k.
21% increase, seriously ?
I checked Zillow for valuation and it had my property at $369k. Almost a $30k difference from town assessment. I understand Zillow cannot be used as a trued estimate but it's certainly closer than the town assessment.
I think if I went to the bank for a mortgage, even they would not assess my property for the $396k that the town has estimated, not even close !
Now I have to go to the Gilford Assessor's office to fight my case. I expect them to tell me to pay the tax bill and file for an Abatement.
I wonder if the town will reimburse me for any Abatement refunds (if any),
with 8.0% interest on my money, that they charge taxpayers for late tax payments ?
What's that expression about fighting 'City Hall', sounds like a loosing battle ?
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