Tag Archives: Dallas County Appraisal District
So D’Ann Petersen told Sheryl Jean at the Dallas Morning News that home prices are rising so fast in North Texas, she’s tempted to sell her house. D’Ann Petersen is a business economist for the Federal Reserve Bank of Dallas.
Troy Aikman has sold part of his dirt, the pool-cabana-sport court part, and we are hearing tales of multiple offers and homes being snapped up in 4 to 5 days, some not even in MLS. I am posting a home soon built by Mark Danuser that sold as a hip pocket in less than a week. Never hit MLS. Our marketing is heating up, so what does this mean to the folks down at the Dallas County Appraisal District? Has anyone even heard from their Appraisal District?
photo by Dallas Morning News David Woo
I may have told you that the Dallas Country Club sued the Dallas County Appraisal District earlier this year, claiming that the District has over-valued its lush 118 acres, which, as we all know, are located in a neighborhood of blue chip homes. The case is pending. DCAD put the value of the Dallas Country Club’s property over there on posh Beverly Drive at nearly $13.8 million, up about ten million dollars from a $3.5 appraisal last year. Sure got their attention. DCAD figured that with DCC’s new $27 million renovation, the land might be a bit more valuable, right? DCC did what every non-profit, non-tax paying blue-blooded American club aimed at keeping its dues low would do: it sued the Appraisal District.
Last week we learned in the Dallas Morning News that about 3,000 elderly (that is, folks over age 65) and disabled Dallas County property owners are due for a fiscal surprise because of a computer glitch in the Dallas County Appraisal District that miscalculated their 2010 tax bills. That surprise is a higher tax bill than what they anticipated or were told, averaging about $333. They are also getting a letter of apology from the tax assessor-collector, explaining how DCAD screwed up. No one ever wants these kinds of surprises! Even worse, this hits people on fixed incomes who may have seen investment returns plummet in recent weeks. So sorry, they were told, but pay up for a Sept. 30 payment deadline.