In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a €œdecline-in-value.€ A decline-in-value occurs when the current market value of your property is less than the current assessed value as of January 1. For full details please follow the link […]
In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a €œdecline-in-value.€ A decline-in-value occurs when the current market value of your property is less than the current assessed value as of January 1.
For full details please follow the link to the Los Angeles County Office of the Assessor : http://assessor.lacounty.gov/extranet/guides/prop8.aspx
Kelly Evans, your trusted South Bay real estate expert since 2000. From guiding seamless home sales to sharing insider tips on local lifestyle and neighborhoods, Kelly delivers exceptional service at every step.
845 Calle Miramar Redondo Beach, California
3 Beds 2 Baths 1,880 SqFt 0.165 Acres
Listed by: Kelly Evans, DRE #01070091 from Estate Properties
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