Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 6 · column 4 of 7 · from the scan, no model involved
By SHARON KILPATRICK
Rappahannock Newt Staff Writer
Since the notices of the new assessments came out, several people have been arguing that the assessments are too high because properties are assessed at more than they are selling for.
A check of recent sales of Rappahannock real estate shows that there is some truth to that line of reasoning.
As part of the process of reassessment, Blue Ridge Appraisers did a study of all real estate sales from July 1989 through the end of 1990. The new assessment is supposed to reflect those sales values. Those arguing that the assessment is too high say values have dropped since that period.
With the help of Rappahannock appraiser A1 Henry, the Rappahannock News attempted to check the sales price compared to the new assessment of the 15 land parcels that were reported sold in the newspaper between Oct. 31 and the end of November.
It was possible to do this for 10 of the parcels. The other five were parcels that resulted from land divisions approved during 1991. Those parcels were not recorded as separate parcels at the beginning of 1991, and
91.9%