LI Homeowners: Property Tax System Needs Help
NEW YORK (WCBS 880) – The Yammamoto's say they are prime examples of how the assessment system in Nassau County, Long Island does not work.
The family put their Roslyn Estates home up for sale after they could no longer afford the $26,000 a year property tax.
"I cannot afford to stay in the house. I cannot afford the taxes," Mr. Yammamoto said.
The Yammamoto's are not alone. Many people on Long Island believe that the property taxes are not reflective of what their homes are worth.
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Although the county claimed in its assessment the home was worth $1.2 million, the Yammamoto's say they can't even sell the home for $800,000 so they challenged the assessment and have been waiting for months for an answer and hopefully lower property taxes.
"I didn't get any result and I don't know what to do," Mrs. Yammamoto said.
Legislators Dave Denenberg and Wayne Wink are calling for a complete overhaul of the system.
An overhaul would be good news for Ed Raboy. Raboy thought it was a good thing when he challenged his property tax assessment and won.
"The hearing officer awarded me an assessment, which was down by $76,000. I am still waiting for this assessment, which was awarded to me in October of last year. It is still not reflected on any of my paperwork," he said.
