Questionable Baton Rouge property assessments under review by state tax commission

University House  740 W. Chimes St. Sold for: $108.5 million, October 2015 Assessment: $3.3 million Implied market value*: $33.8 million Assessed value/sale price: 31.2% Potential tax bill**: $1.3 million Actual tax bill: $416,867 Lost parish tax revenue**: $920,319
We're glad you are enjoying Business Report. To continue reading, sign up for ALL-ACCESS
The Louisiana Tax Commission is reviewing the tax assessments of more than a dozen commercial properties in East Baton Rouge Parish that are assessed significantly below their most recently recorded s…

We are glad you enjoy reading Business Report.

Continue reading this story and get ACCESS to all our content from any device with a subscription now.

  • Get access to more than a decade of story archives.
  • Get access to our searchable data center of TOP LISTS.
  • Get exclusive content only available to INSIDERS.