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Alameda County Quad Reduction

Our client's property is a 4 unit multi-family property in the Oakland area of Alameda County. We were able to achieve a reduction in assessed value of over 50%. This property was assessed at over $603,000. CAPTA filed an appeal and the assessor initially set a new value of $530,000 in response. We pursued this case by filing an application for changed assessment and after providing supporting evidence were informed by the county appraiser that they have decided to lower the assessed value to $300,000 as a result. This is a reduction of just over 50% and should save this client about $3,333.