Property Tax Question

The county and towns generally have a balancing act (besides the fact that most decent business people won’t run for city councils or county supervisors) between how much the property is with and the clean up costs if they get it back. Many times the person had very little money and the city/county knows that anything they do under forced cleanup will sit there until the property is sold to clear the lien and sometimes the property is more costly to clean up that what they would receive.

I know a bank that had a loan on a property and it became a dump site. The bank released the mortgage and internally deemed it an unsecured loan so they would not get the property back due to clean up costs and potential “hazardous” issues.

The most ridiculous thing about this is that our garbage service out here is very cheap, like $100ish per year. I told my wife we could just pay for their garbage service if we knew they'd actually put it out by the road.
 
The most ridiculous thing about this is that our garbage service out here is very cheap, like $100ish per year. I told my wife we could just pay for their garbage service if we knew they'd actually put it out by the road.
Wish I had that for a business I have. Just have my small dumpster jacked up to 160+ per month for once a month pickup. Looking at buying a small dump trailer and telling the workers to just let me know when it’s full and I will take it to the landfill. I took a trailer and pickup load to the landfill last week and it was 50 some bucks. WM is soaking me there.
 
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So sounds like he wasn't paying his property taxes all this time.
 
I wonder what the assessed value would be today if the county accessor came out? Is that something you can have them do? Just wondering. I can't believe that if it is that run down that would still be that much.

But then again farmland in Hawaii is over $1 mil an acre. I told someone that we owned a few hundred acres and their eyes about popped out of their head, right before I told them it was on the mainland.
Pretty certain they can't take the "shape" of the property into account. Assessed value purely based on structure and size, not on the condition of it.
 
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I honestly don't understand how Polk County comes up with their assessments sometimes. My previous house was assessed significantly more than my neighbors who had comparable homes all built in the same era and some almost identical floor plans too. For instance I had a neighbor right across the street from me with the exact same house and lot size but for some reason I was assessed about 20k more than his was. Only thing I could think of was recent sales on my house and he had lived in his for awhile. I challenged the assessment the first year I owned it because they tried to assess the value at like 10k more than I had just bought it for and they adjusted it down to the sale price basically but I presented about half a dozen houses on my block, some that had just sold the same time mine had that were sold for more than I paid for but assessed significantly lower plus 2 other houses nearly identical to mine that were not comparable either. I got no explanation from the assessors office or board I had to meet with to file my protest of the assessment raise why that was.

Probably some BS calculation that without someone coming out and doing an in person value appraisal of the property stuff like this is going on where some place is significantly under or over assessed value because no one has ever challenged it. Another reason why I will never vote to raise sales taxes with the promise of lower property taxes because that is easily manipulated by raising everyone's assessments to compensate for the lower tax rate so you are going to pay for it 1 way or another anyways.
 
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So tonight the wife and I were researching our neighbors property because it's a **** hole with lawn that hasn't been mowed in a few months, garbage piled up every where, the entire old house roof scattered all over the yard (it got wrecked in the derecho), piles and piles of old tires, and a bunch of old broken down vehicles.

First we were shocked that this property has an assessed value of $320,000 (no one in their right mind would pay over $150K for the condition it is currently in) and then we noted that since the current owners bought it in 2015 there have been no property taxes due.

What would cause there to be no property taxes due on a property assessed at $320K?

I plan on taking pics in the morning to pass on when I call the County again tomorrow.

We decided that if the opportunity is ever there to buy this property we will no matter the cost, but we will have to burn the house down because neither one of us want to go inside and see whatever infestation they have going on.
I was able to find that the guy is a veteran. That would explain it.
 
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I wonder what the assessed value would be today if the county accessor came out? Is that something you can have them do? Just wondering. I can't believe that if it is that run down that would still be that much.

But then again farmland in Hawaii is over $1 mil an acre. I told someone that we owned a few hundred acres and their eyes about popped out of their head, right before I told them it was on the mainland.
Really depends. If it’s a newer house with just junk inside it probably wouldn’t change much. If there’s now mice issues, roof neglected, damage etc. then it would be lower.
 
The most ridiculous thing about this is that our garbage service out here is very cheap, like $100ish per year. I told my wife we could just pay for their garbage service if we knew they'd actually put it out by the road.
Probably a hoarder with mental issues.
 
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Yes and both are stocked - bass, blue gill, crappie and even some catfish. lots of turtles and frogs too lol
And you're down by Baxter/Newton? I may hit you up this winter for ice fishing. (I never have time to go ice fishing though:()
 
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