Why did the assessed value fall so drastically between 2005 and 2006?

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January 17 2009
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Answers (1)

Profile picture for SalineVance
Sorry for the delayed answer.  The e-mail was incorrectly directed to the junk e-mail folder, which I only review weekly.

The value in 2005 represented an active business located at the house - an Accounting practice.  The owners sold the business at the end of 2005, so the ongoing value of the business was off in 2006.
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January 20 2009
 

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