Home address: 14892 Camden Hl

2021 Taxable Value: $111,870   

Recent Sales Price: $84,999    – Over-taxed by 32%

Montgomery County homeowners are often unaware of the factors that cause them to pay extra taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. An unequal appraisal appeal is easy to prepare.  Just find neighborhood homes with a lower level of assessment (per square foot).  Summarize the data in a table. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. Appraisal districts use mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Property owners who appeal annually rarely pay more than their fair share.