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<div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><font face="Helvetica" size="3" style="font: 12.0px Helvetica">Our home in Parkville climbed from an actual sale price of $121k in 2002 to appraised value of $198k today, or about 8.5% per year over six years.</font></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 12px/normal Helvetica; min-height: 14px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><font face="Helvetica" size="3" style="font: 12.0px Helvetica">From its sale in 1992 at $102k to my purchase in 2002 the price of the home raised by only $18,150, or 1.6% per year over ten years.</font></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 12px/normal Helvetica; min-height: 14px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><font face="Helvetica" size="3" style="font: 12.0px Helvetica">I can't imagine that I would get that much on the open market today (if it were possible to sell at all -- some neighbors have been on the market for over 12 months now), but comparable properties that _have_ sold went for no less than $200k in the last 12 months, so it's hard for me to pull an example from recent local real estate transactions that proves the new valuation is poorly founded.</font></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 12px/normal Helvetica; min-height: 14px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><font face="Helvetica" size="3" style="font: 12.0px Helvetica">Is it reasonable to protest the increase on the basis that my house is not a better investment vehicle than my 401(k) in the dot com boom? This is housing bubble logic, pure and simple.</font></div><div> <span class="Apple-style-span" style="border-collapse: separate; border-spacing: 0px 0px; color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; text-align: auto; -khtml-text-decorations-in-effect: none; text-indent: 0px; -apple-text-size-adjust: auto; text-transform: none; orphans: 2; white-space: normal; widows: 2; word-spacing: 0px; "><div><br class="webkit-block-placeholder"></div><div>--</div><div>Rob Carlson <a href="mailto:rob@vees.net">rob@vees.net</a> <a href="http://vees.net">http://vees.net</a>/</div><div><br class="khtml-block-placeholder"></div><br class="Apple-interchange-newline"></span> </div><br><div><div>On Dec 31, 2007, at 9:27 PM, JASON GOUCHER wrote:</div><br class="Apple-interchange-newline"><blockquote type="cite"> <div><font face="Arial" size="2">Hi, Fellow Charles Village Homeowners!</font></div> <div><font face="Arial" size="2">Anyone else feeling pummeled after receiving their recent Assessment Notices? </font></div> <div><font face="Arial" size="2">We received ours today and our new market value is MORE THAN DOUBLED from the previous assessment notice three years ago. Most alarming to me is the land valuation MORE THAN TRIPLING from the previous assessment. </font></div> <div><font face="Arial" size="2">I don't know about anyone else's perception, but living on North Calvert Street has not gotten any quieter, cleaner, or less traveled over the past three years. In fact, we are still reeling and dealing with the aftermath of the recent sewer installation that had us enjoying a very large and deep pit on the side of our home for the first quarter of 07. </font></div> <div><font face="Arial" size="2">Jason and I are obviously appealing this assessment, but were just wondering what others were thinking or planning to do in response to their most recent valuations/assessments?</font></div> <div><font face="Arial" size="2"> </font></div> <div><font face="Arial" size="2">Despite this most recent affront from the City and State...really, Happy New Year to everyone! Cheers to the Village!</font></div> <div><font face="Arial" size="2"></font> </div> <div><font face="Arial" size="2">Cathy Goucher</font></div> <div><font face="Arial" size="2"></font> </div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">_______________________________________________</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">Chat mailing list</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><a href="mailto:Chat@charlesvillage.info">Chat@charlesvillage.info</a></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "><a href="http://charlesvillage.info/mailman/listinfo/chat_charlesvillage.info">http://charlesvillage.info/mailman/listinfo/chat_charlesvillage.info</a></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">archive: <a href="http://www.mail-archive.com/chat@charlesvillage.info/">http://www.mail-archive.com/chat@charlesvillage.info/</a></div> </blockquote></div><br></div></body></html>