County assessed value vs. asking price

[Brad Kaiser]

How close do you expect the asking price and ultimately the selling price to be in relation to the county assessed value of land and building and what are the factors that create the difference between those numbers? 

[Chase Buchanan]

I have a follow up question relating to this post. If a property is currently appraised at 150 for taxable value and is listed at 270, do I need to factor in a reassessment when running a cash flow analysis or will the taxes on the property stay about the same after I purchase it?