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Updated 8 months ago on . Most recent reply

Ben Cheever's profile image
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Ben Cheever
  • Member since Apr 26, 2025

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Ben Cheever's profile image
Ben Cheever's profile image
Ben Cheever
  • Member since Apr 26, 2025
Ben Cheever
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Real Estate Deal Analysis & Advice

Assessed Value vs. Last Transfer Date

Ben Cheever
Posted

I'm finding some properties on my County Assessor's website that shows the assessed value way below market value (as much as 5-10x below market value), even though the last ownership transfer date way just a couple of years ago.

Is there a reason the assessed value wouldn't be updated after the most recent ownership transfer?

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