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Deriving assessed value from property tax

donksky

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Oct 4, 2007
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I know the property tax (which is stated in listing) indicates what the gov`t thinks ur property is worth so it helps in making an offer (assessed value-to see if sales price if overstated or just right..at least on this basis), do u know the formula for deriving the assessed value based on the given property tax? thanks!
 
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