RJD Appraisal has completed its town-wide revaluation of Whitefield for the 2024 tax year, the first such property revaluation since 2009. The revaluation represents a 100% market value assessment of all the property in the town and the mil rate has dropped from 16 down to 10.10 mils. Regarding the revaluation of Clary Lake shore property, the valuation of a 1/2 acre “base lot” which used to be valued at roughly $40,000 now has a valuation of $275,000. The result is that while estimated taxes on many properties in the town have dropped, the estimated taxes on most Clary Lake shorefront properties in Whitefield have risen dramatically, in many cases by more than 200%. This revaluation has created a serious hardship for some Clary Lake shore owners, many of whom are Clary Lake Association members. We have watched helplessly in recent years as the prices paid for shorefront lots on Clary Lake have risen higher and higher, realizing that a property revaluation reflecting those higher prices was bound to happen. And now it has. Mainers are in fact some of the most heavily taxed citizens in the United States. As Benjamin Franklin so aptly said, “Nothin is certain except death and taxes.” Continue reading
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