Laserfiche WebLink
Marion County <br /> %%` OREGON PO BOX 14500 <br /> allASSESSOR'S OFFICE SALEM, OR 97309 <br /> 12/17/2018 <br /> DOUBLE M INVESTMENTS LLC <br /> PO BOX 443 <br /> AUMSVILLE, OR 97325 <br /> Dear Buyer: <br /> The Marion County Assessor is required by law to value all property at real market value (ORS 308.232). This is <br /> defined as what it would sell for in cash terms paid by an informed buyer to an informed seller, each acting <br /> without compulsion in an arm's length transaction (ORS 308.205). Real estate sales are the best evidence of <br /> real market value. <br /> Therefore, would you please take a few minutes to fill in the questionnaire on the back of this letter with regard to <br /> your recent transaction? <br /> HOW WILL THE INFORMATION BE USED? <br /> We do not use the information you provide to directly revalue your property. Instead, we use it to develop and <br /> refine a model for predicting sales prices of all properties of the same type (i.e., homes, manufactured and <br /> mobile homes, land, as applicable) in Marion County. This helps us to value properties consistently, and in <br /> keeping with market changes. <br /> Please note that under Oregon law the sale of property does not automatically result in reassessment of the <br /> property. We revalue property at the same time as all properties of the same type in that area or neighborhood, <br /> or because physical or legal changes have occurred with that particular property, or occasionally because our <br /> records have been corrected regarding true characteristics of the property. <br /> WHY THESE SPECIFIC QUESTIONS? <br /> Several of the questions are to determine whether your transaction was reflective of"market" value and, <br /> therefore, useful for our studies. Other questions help us make adjustments for special circumstances. For <br /> example, selling prices sometimes include more than just the land and buildings, such as furniture or vehicles. <br /> We seek to determine what was paid only for those items that are taxable. <br /> Thank you for taking time to fill out and return the questionnaire. For questions regarding this, or any other <br /> assessment matter, please give us a call. <br /> Sincerely, <br /> Data Analyst Section <br /> Van Khieu (503) 584-4706 <br /> John Crouch (503) 588-5133 <br />