Recently recieved assesed Property value in Mail.I had my townhome re-financed and it was appraised at most likely the highest value before the bust (330,000). I recently recieved a property value assesment for tax purposes and it is 280,000) From what I understand I am being taxed by city of Renton for a value of 330,000. I want to reduce my taxes. What should be my first steps for taking action to reduce my taxable property value? October 01 2009 - Renton00YesReport 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.