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Read the latest information about residential and industrial actual property in the Seattle space and Pacific Northwest. Inexpensive: Say the same couple bought their outdated house for $600,000, then paid $500,000 for a apartment. Since the apartment’s value is eighty three percent of the outdated house’s gross sales worth, the brand new assessment can be eighty three percent of the outdated, or $sixty two,500. Their new property tax would be $625. However it also means our own landlords’ and actual estate agents’ teams can have more time to apply their traces about tenants’ rights resulting in all sorts of doom…