Real Estate taxes/assessment on short salesDoes anyone know if the tax appraiser would reduce the existing assessed value on a home if the purchase price was less than the current assessed value? Just wondering what would happen w/a short sale bought at below market value, assessvalue, that is stuck w/a high tax bill? Does anyone have any experience w/this recent phenomenom? Question refers to 504 Christor Pl, Orlando, FL 32803April 12 200800YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.