Property tax in OH & GA help!!

[Theresa Wallinger]

Hello, 

In my area, property tax is reassessed every time there is a sale. So, if you by a house for 1 mil, your tax is 1.5% of that. 

So, when I've been calculating taxes for the houses we're looking at in OH and GA, I've been following the same assumption (but with the correct tax rates for the area, of course). But, now I'm wondering if that's correct. OH website says they reassess every 6 years, no mention of sales. Our GA realtor says they don't reassess with the sale. 

Was hoping someone could help me figure it out so I'm not calculating too much for PT? 

Thanks!