If I purchased my property within the past three years for less than it is currently being valued by the Assessor's Office, will the valuation on my property automatically be reduced by the Assessor's Office to the sale value?
No. The Assessor's Office follows a procedure of mass appraisal, which values properties of similar type in a similar fashion to maintain fairness and uniformity across all properties. If an Assessment Appeal/Assessment Complaint has not been filed on your property since its sale, our recommendation would be to do so. To receive a notice that the window to appeal is open, please contact our office at 815-965-0300.