…by Anura Guruge
Just got a letter, dated August 10, 2012, from the Alton Assessor, Mr. Thomas Sargent.
Our assessment has gone up 7.2%!
Kind of surprised. Way, way above reasonable market value. Houses on this street go on foreclosure.
Yes, having lived in NH for 26 years I know how property assessments work; I know the system well. Yes, they can lower property assessments and increase the tax rate. Problem of late is that towns are increasing both, though they deny doing it.
I will GLADLY sell this house, no questions asked, no haggling, furniture and all — and even move out within 5 days — IF somebody offered me the CURRENT assessed value, never mind the 7.2% increase.
Suffice to say I am not happy. Yes, I will request an re-assessment. From my very limited experience with Mr. Sargent he tends to be reasonable and fair. That is always nice.
The current increase, with the current tax rate, is a hike of $26 a day!
Yes, Deanna will check the Alton ‘Vision Appraisal’ property assessment database to see how other have done.
Current Alton property tax rate is $13.07 per $1,000 assessed value.