Summary
When the slide went up Thursday night depicting the sale price of a 5 Hillside Avenue property totaling $1.28 million, "wows" and sounds of disbelief could be heard from among the 50 residents who attended the city's revaluation forum. The "wows" were a response to learning that in 2005 the same home's assessed value was $288,500, yet the waterfront parcel sold for more than four times the assessment.
There were several other moments of shock at Thursday's forum, which was designed to share with residents how the assessor's office came up with new revaluation figures.See the full content of this document
Extract
Higher Assessments Spur Tax Fears
Despite slides that showed some residential parcels around the city doubled, tripled or quadrupled in value, top city officials, including...
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