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A condo was purchased in 2018 for approximately $2,850,000. Despite widespread press reports of depressed values during 2020-2025, the SF Assessor continued to increase the assessed value annually each year resulting in an assessed value for the 2024-25 tax year of approximately $3,200,000. We advocated for a value of $2,365,000 with a resolution of $2,370,000 resulting in tax savings of approximately $10,000 for the year.*​
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*Individual results may vary.
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