$443,300 is the difference between the currently assessed 1,432,300 value, and the 989,000 asking price, and 443,300 is obviously a very large amount. So, what exactly has happened here? What is a reasonable and intelligent reason that explains the large drop in value?
Was it ever really worth that $1,432,300 in the past few years? Are assessments simply a hypothetical value that only exist in the town's rosie outlook for high property values?
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... down and out, liv'n that Walmart side of the lake!
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