> I think some of the data is just old: my house is listed with the tax assessment for the previous owner.
You can compare in zillow which lists it year by year (though some data is missing).
> As for property tax drop: there are such mechanisms, like those in the Mills act.
I looked up Mills act, it is for designated historical buildings.
These are cookie-cutter houses, all built by the same builder during the same year in the 90s. No designated historical buildings here, so that's not it.
First year after being built in the 90s that house paid near $3K in property taxes. I'm pretty sure there is no mechanism for it to actually pay $900 in property taxes in 2024. It's just bad data in the system.
You can compare in zillow which lists it year by year (though some data is missing).
> As for property tax drop: there are such mechanisms, like those in the Mills act.
I looked up Mills act, it is for designated historical buildings.
These are cookie-cutter houses, all built by the same builder during the same year in the 90s. No designated historical buildings here, so that's not it.
First year after being built in the 90s that house paid near $3K in property taxes. I'm pretty sure there is no mechanism for it to actually pay $900 in property taxes in 2024. It's just bad data in the system.