Details about this story

• Source: Baltimore Sun
• Date: February 04, 2007
• URL: Read the story
• Bylines: Larry Carson , Jamie Smith Hopkins
• Topics: Real Estate
• Data Types: Local Data
• Description/Excerpt: Baltimore City homeowners saw some of the region's steepest increases in the recent round of property reassessments, a stark change after years of lagging home values - and added ammunition for groups calling for tax relief. In the city, which has the highest property tax rate in the state, nearly one in five reassessed homes saw values at least double since they were last evaluated three years ago. No other jurisdiction in the Baltimore region had such a high share, according to a Sun analysis of state records for owner-occupied homes. The city also claims the ZIP codes with the fastest-escalating residential assessments. The average market value doubled for reassessed homes in the neighborhoods of Medfield and Hoes Heights - north of Hampden - and nearly doubled in the western half of Cross Country and Fallstaff, neighborhoods in the city's northwest corner. Some home assessments went up even more.