Tax assessment went down 10% - need advise
I purchased a foreclosed duplex on 4/25/2008
It was originally listed at 170k, but I ended up purchasing it for 135k. The 2008 tax assessed value was 165k. I just got a notice of a assessment change down to 148k. A drop of 17k. Over the last year, I've completly gutted and renovated both kitchens and renovated them with premium materials. I've also done the same with one bedroom and 1 bath. I've also done a fair amount of work on the outside. I am also in the process of having a new roof, gutters, and fiber cement siding put on. If I plan on selling sometime in 2009 or 2010, would it be best if I object to the new value and had the assessor actually come out to value the property?