King George, VA

RE/MAX BRAVO | REMAX BRAVO | 540-891-8888 4324 Kings Hwy, King George, VA 3BR/2BA Single Family House offered at $124,900 Year Built 1958 Sq Footage 1,743 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 2 Car garage Lot Size 2 acres HOA/Maint $0 per month see additional photos below PROPERTY FEATURES - Central A/C - Fireplace - Hardwood floor - Family room - Living room - Bonus/Rec room - Dining room - Basement - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: RE/MAX BRAVO REMAX BRAVO 540-891-8888 For sale by agent/broker Equal Opportunity Housing Posted: Nov 29, 2009, 12:45pm PST

RE/MAX BRAVO
10401 Courthouse Rd
Spotsylvania, VA 22553
540-891-8884 (Phone)
540-891-8884 (Fax)
http://www.fredva.com/
Licensed In The State Of VA

RE/MAX BRAVO | REMAX BRAVO | 540-891-8888 11042 Pamela Ct, Spotsylvania, VA 3BR/2BA Single Family House offered at $79,900 Year Built 1980 Sq Footage 1,152 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 1 Covered spaces Lot Size 0.68 acres HOA/Maint $0 per month see additional photos below PROPERTY FEATURES - Family room - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1 Photo 2 Contact info: RE/MAX BRAVO REMAX BRAVO 540-891-8888 For sale by agent/broker Equal Opportunity Housing Posted: Oct 19, 2009, 9:25am PDT

RE/MAX BRAVO
10401 Courthouse Rd
Spotsylvania, VA 22553
540-891-8884 (Phone)
540-891-8884 (Fax)
http://www.fredva.com/
Licensed In The State Of VA

Like most of the country, King George & Stafford Virginia real estate has dropped in value since it's peak three years ago. As a real estate agent, and member of the community, I've run into a few people that are concerned that their tax assessment is higher than market value, so they perceive they are paying too much tax.

At first blush that makes perfect sense. However, a few months ago a good friend of mine, and owner of multiple properties, shared his thoughts on why the assessments being too high does not result in owners paying more than their share. It makes sense.

Think about the purpose behind having tax assessments in the first place. The county decides it needs "X" amount of dollars for it's budget that year. The assessment is used to divide the tax burden fairly amongst the property owners. Generally speaking all property in King George and Stafford counties is currently assessed over market value so all the property owners are in the same boat. If the assessment was dropped to try to resemble fair market value then the county would have to raise the tax rate. Either way the county will get it's money.

On the other side, if new assessments were to take place, we would spend even more of our hard-earned dollars doing new assessments for every piece of property.

There is a bright side to everything.

Susan Walsh

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