We bought our 9yr old 2/2 resale from original owner (bought from outside agent not T.V sales) 2 years ago. On our first tax bill our assessed value went up to exactly what we paid for it which was about $50K more than when it was new and what original owner was still assessed at. This is just tax assessment basis and not including anything to do with any exemptions for buyer or seller. Our taxes also increased proportionately (before exemptions).
It's done differently everywhere. Can't compare one STATE to another or probably not even one county to another.
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