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Posts Tagged ‘taxes’

Appealing Your 2013 Property Tax Reappraisal Value

March 28th, 2013 Comments off

While 2013 property tax reappraisal values are down significantly across Shelby County many homeowners are verifying that their value is in-line with the fair market value of their home in anticipation of a tax rate increase.

With our 2013 Tax Appeal Kit homeowners are armed with comprehensive reports in easy-to-ready formats to easily determine if their home’s reappraisal value is too high.

For just $49 homeowners receive the following reports:

  • Comparable Sales: A mapped report showing recent sales activity that closely matches the subject property.
  • Neighborhood Profile Report: Overview of all sales and foreclosure activity with trends for the past 4 years.
  • Foreclosure Effect Report: Shows the potential effect of area foreclosures on appraisal values.
  • Instructions for Appealing: Step-by-step instructions for using the reports and for filing an appeal.
  • Tips & Tricks for a Successful Appeal

Visit www.shelbytaxappeal.com or call (901) 458-6419 to learn more. The deadline to appeal is July 31, 2013.

Appealing Your 2011 Property Taxes?

March 24th, 2011 Comments off

It’s that time of year again!

Average home sales prices for Shelby County were up 0.6% from 2010 but many homeowners live in areas where home values have decreased including Arlington (down 5%), River Oaks 38120 (down 21%) and  Bartlett’s 38135 (down 7%).  Click here to review our “2010 Shelby County Sales by Zip Report”.

The following are some great tips and tricks for appealing your 2011 property tax appraisal value! 

  1. Keep in mind that you only have 15 minutes to present your case to the Board of Equalization. Be prepared and make sure you have all of the data that you need with you to prove that your property tax appraisal value should be lower based on 3-4 sales comparables from 2009 and 2010.
  2. Bank sales are are not permitted as viable sales comparables!
  3. If your home is surrounded by rundown and/or foreclosed properties that could be affecting your home’s value, take external property photos of your property and those closest to your home to show to the Board.
  4. If you have refinanced your home, or had a formal appraisal conducted on your property in the last 3 years, be sure to request a copy of the appraisal from the Certified Appraiser or the Lender.
  5. If you have not remodeled the inside of your home in the last 15-20 years, take photos of the original kitchen, bathrooms, flooring etc. This will aid in your appeal if most homes in your neighborhood have been upgraded or remodeled and resold at higher values.
  6. Be sure you are not in jeopardy of a tax increase! If your data shows that your property should be at a higher value than the 2011 rate, the Board of Equalization can RAISE the value for your property!

We are happy to review your current property appraisal value and sales comparables before you decide to appeal. Please contact Wendy Greenlaw at wendy@chandlerreports.com or 901-528-5273 for a free consultation.

You may purchase our $49 Tax Kit available at www.shelbytaxappeal.comto receive sales comparables for the past 2 years, your property’s Foreclosure Effect Report, access to The Daily News Online’s neighborhood report and more! Check out our free reports on the site as well!

Certified, professional appraisers can provide you a full analysis of your property and assist you with determining the fair market value of your home. Licensed appraisers have the education and experience necessary to give you an independent, impartial and objective opinion of value. You may click here for a list of local Appraisers.