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