what is land and improvement assessment real estate? please help.
what is land and improvement assessment real estate?
I just got an MLS list of a couple properties from my realtor, but there are a couple of things that I don't understand, for example, LAND ASSESSMENT AND PROPERTY ASSESSMENT. the price for one of the house is 289,000 and that's the part I don't understand........
Taxes / Year: | $5,358 / 2017 | ||
| Assessment: | $27,040 | ||
| Land Assessment: | 10,520 | ||
| Improvement Asmt: | 16,520 | ||
please help. thank you.