Jamie Mathy’s house is under his wife’s maiden name – it lost assessed value too:
I hope you realize decreases in assessed value likely mean your house is worth less. When you sell it it will sell for less. If your house was your nest egg, it is being chipped away by bad fiscal policy.
by: Diane Benjamin
Maybe the Council is waking up to falling property values. Six of the 10 had decreases in the Assessed Value of their homes from 2016 to 2017. The question is: Do they realize that $40 million a year in increased City spending and taxing is to blame? Will the property tax rates be increased to compensate for falling values?
Keep in mind, the taxes paid in 2018 were for the value in 2017. Next year they will likely fall again.
David Hales finally sold his house for $31,500 less than he paid for it in 2008.
The taxable value of David Sage’s and Diana Hauman’s homes stayed the same. Nothing is on the County website for Jamie Mathy. There is a Scott Black listed as owning a house on the west side. It was purchased in 2017 for more than the previous taxable value. Amelia Buragas owns two homes, the value of the one on E Washington stayed the same.
Below are screen shots showing the taxable value for 2016 and 2017.
The first one is in Karen Schmidt’s husband’s name. They also own numerous rental properties: