Sutter County Industrial Building

Posted on Mar 21, 2011 in County, Follow Our Work, Industrial, Sutter County Propery Taxes

Sutter County Industrial Building

Success in Gold Country! $202,038 reduction for Multi-tenant industrial building in Yuba City. This 2010 tax year case came across the desk of our agent in Cloverdale who quickly analyzed the situation and presented his work to the assessors office. Initially the assessor stated that no reduction would be made, despite the logic of CAPTAs presentation, because the property owner had recently listed the property for sale at a price well above the assessed value. Our agent pointed out that listings are not indications of value and that it is common for sellers and real estate agents to initially overprice a property when offering it on the open market. The assessor reconsidered their position and agreed to a reduction in the 2010 enrolled value. The new value will save the taxpayer about $2,200.


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