Free Real Estate Property Tax Appeal Letter Template
Real Estate Property Tax Appeal Letter
Date: [Date]
Subject: Appeal Against Property Tax Assessment for [Property Address]
To the [County/City] Tax Assessor's Office,
We are writing to formally appeal the recent property tax assessment issued for the property located at [Property Address], Parcel ID [Parcel ID Number]. After careful review of the assessment details dated [Assessment Date], we have identified discrepancies that we believe have led to an overstated valuation of the property, resulting in an unjust increase in our property tax liability.
The current assessment values the property at $[Assessed Value], which significantly exceeds comparable properties in the [Property's Neighborhood/Community] area. To support our appeal, we have conducted a comparative market analysis, indicating that a more accurate valuation should be in the vicinity of $[Suggested Value], aligning with the market value of similar properties.
Key points supporting our appeal include:
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Discrepancies in Property Details: The assessment records list the property as having an additional third bedroom, which is not accurate. Our property consists of only two bedrooms, impacting the valuation.
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Recent Sales of Comparable Properties: Sales data from the past year show that similar properties in our neighborhood have sold for prices averaging $[Average Sale Price], substantiating our claim that the assessed value is inflated.
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Condition and Age of the Property: The assessment does not adequately take into account the age and current condition of the property, requiring significant updates and repairs to be comparable to the assessed value.
Enclosed with this letter, please find the following documents to support our appeal:
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Comparative Market Analysis Report
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Photos highlighting the condition of the property
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List of recent comparable sales in the area
We respectfully request a thorough review of our appeal and a reevaluation of the property's assessed value. Our aim is to ensure that the property is assessed fairly and equitably, reflecting its true market value.
We are prepared to discuss this appeal in more detail and provide any additional information required. Please inform us of the next steps in the appeal process and any opportunities for a formal hearing on this matter.
Thank you for your attention to this appeal. We look forward to your prompt response and hope for a favorable resolution.
Sincerely,
[Your Name]
[Your Position]
[Your Email]
