We Listen.

Is your property over-assessed?

Have you recently purchased a new house or commercial property? Do you feel like your property taxes are unusually high? Your property may be over-assessed. Do not be fooled by your “assessed” value. In the suburban counties in Southeastern Pennsylvania, the assessment is supposed to be a percentage of the fair market value; in other words, the assessment is supposed to be lower than the fair market value. The following are the percentages that properties are supposed to be assessed at in Chester, Delaware and Montgomery Counties for 2019:

  • Chester County – 51.3%
  • Montgomery County – 50.9%
  • Delaware County – 58.1%

To determine if you are over assessed, take your assessed value and divide it by the percentage for your county. The product of that equation will provide you with the fair market value of your property according to the County. If it is too high, then you should consider an appeal. By way of illustration, if you live in Chester County and your assessment is $600,000, then that assessment is correct if the property has a fair market value of $1,169,590 ($600,000/.513). If you think or believe that your property would sell for less, then you may be a candidate for an assessment appeal.

The deadline for appealing your assessment is August 1st. There is still time. Contact John Fiorillo if you think your property may be over assessed. John has been successfully representing residential and commercial property owners for nearly two decades. Our fee is contingent on obtaining a savings of at least $600 annually. Property owners are responsible for any out of pocket costs, typically a filing fee and the cost of an appraisal if an appraisal is necessary. For more information contact John Fiorillo or his assistant, Michelle Molineux, at 610.692.1371.

Share on Social Media
  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • Email

Sophisticated, Responsive and Focused.

  • “At Unruh Turner Burke & Frees, the client’s objective is never lost in the details and as a result, even complex deals get done quickly and efficiently..."

    Read More...

  • “Unruh Turner Burke & Frees has been a tremendous resource to me and my team throughout the past 17+ years. This highly-talented group delivers the...”

    Read More...

  • “Unruh Turner Burke & Frees has been a trusted source of advice and counsel on all levels of governmental law and regulation, from zoning and land use...”

    Read More...

  • "Our Trust Department has utilized Unruh Turner Burke & Frees’ expertise for several years to assist our clients with their overall estate plans. They..."

    Read More...

  • “Over the last 25 years Unruh Turner Burke & Frees has represented our residential building and development enterprise in many capacities including real..."

    Read More...

  • "Based on my long-term relationship with Unruh Turner Burke & Frees, I can wholeheartedly recommend its services to any business owner who wishes to work with...”

    Read More...

  • “We recently hired Unruh Turner Burke & Frees to handle a conditional use application for our Chestnut Street Lofts apartment project in downtown West Chester..."

    Read More...

  • “I have been working with Unruh Turner Burke & Frees for many years. They have provided legal counsel in the areas of Estate Planning, Land Use, Litigation and...”

    Read More...

  • “I have relied on the firm's legal advice to make critical decisions on handling family wealth and making appropriate decisions for my family's future.”

    Read More...

  • “… This highly-talented group delivers the highest quality legal work and brings real-world experience in a very cost-effective manner…”

    Read More...

  • "If there is an issue facing a municipality, Unruh Turner Burke & Frees is the source for sound guidance and direction.”

    Read More...

  • “…They have provided legal counsel in the areas of Estate Planning, Land Use, Litigation and Real Estate. In every one of those areas I have been blessed with great ...”

    Read More...

  • "Whether we are competing in a strong market or working through a declining market, it has always been reassuring to know that Unruh Turner Burke & Frees has both..."

    Read More...

meet our elite team
West Chester, PA
17 West Gay Street
P.O. BOX 515
West Chester, PA 19380
(610) 692-1371
Phoenixville, PA
120 Gay Street
P.O. Box 289
Phoenixville, PA 19460
(610) 933-8069
Paoli, PA
43 Leopard Road, Building II
Suite 103
Paoli, PA 19301
(610) 240-0750