Did Collin County Really Over-Value The Homeowner Of 12725 Waltham Dr By 25%?

 Home address: 12725 Waltham Dr

2021 Taxable Value: $474,930

Recent Sales Price: $379,000 – Over-taxed by 25%

Collin 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. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Many owners do not protest because they do not understand the process.  Most will appeal if they know how easy it is a high chance of success. Appraisal districts use mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.

Are you stressed out with Collin county property tax bills? O'Connor takes all the effort to lower property taxes for all your accounts yearly. Read more @ https://collincountypropertytaxtrends.com/collin-county-has-over-taxed-12725-waltham-dr-by-25-percent/

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