Quantcast

Business says it wasn't properly appraised

SOUTHEAST TEXAS RECORD

Thursday, November 21, 2024

Business says it wasn't properly appraised

A Jefferson County company is suing over claims its property was excessively valued by an appraisal review board.

Alan Cramer Investments Inc. filed a lawsuit Oct. 2 in Jefferson County District Court against the Jefferson County Appraisal District.

According to the complaint, Alan Cramer Investments was notified by the defendant Aug. 5 that its Jefferson County property was collectively valued at $285,830. The plaintiff says comparable properties without the same defects as the subject properties sold for less than the valuation, and the actual market value of the properties is $120,000, making the imposition of a taxes on a higher valuation unlawful.

The complaint states Alan Cramer Investments protested the order and provided the defendant with comparable sales information, an inspection report showing the physical and economic problems with the properties and an appraisal.

Alan Cramer Investments seeks judgment establishing the value of the property as $120,000 and requiring the correction of tax rolls, attorney fees and costs of court.

It is represented by attorney Eddie R. Schroeder of Beaumont.

Jefferson County District Court case number: A-196183

More News