Updated almost 3 years ago on . Most recent reply
Property taxes in Cuyahoga County
Doing du diligence on a duplex in Garfield Heights listed for 135$. The overall tax is 4.3%. The last appraisal for tax is 71K (so about $3K/year). My question is, when the county does the next appraisal in 2024, what is the chance that they set the value to 135K so that the tax bill will double to $6K?
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They will increase value but not likely to go all the way to full market value. I've seen this cycle a few times in counties around me.