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Insane real estate assessments

03/02/2005 5:07 PM by

Yesterday when we quoted the RTD as reporting that “assessments could rise between 20 percent and 40 percent for some homes”, we though that meant that 40% was the high end. A quick check on some houses in the area, though, shows increases of over 200%.

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1200 North 23rd Street
1200 N 23rd Street – assessment jumped from $24k to $76k

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A spot check on some of the assessments on the 1100 and 1200 blocks of North 23rd Street show some houses with huge assessment jumps. These aren’t houses that have changed hands or been updated or restored, either.

As an example, the house pictured above on the left saw its assessment rise from $24k to $76k. The house next to that, despite years of abandonment and multiple code violations (including a collapsing front porch) saw its assessment rise from $45k to $75k. Astoundingly, another house had it’s assessment value jump from $36k to $112k! (pictured below)

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1213_N_23rd_street2.jpg
1213 N 23rd Street – assessment jumped from $36k to $112k

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