$35,192,445.00 Tax Assessment Reduction - Property Tax
In 2020 MPT appealed DeKalb County's assessment on a 476 unit apartment in Decatur, Georgia. The appeal resulted in a reduction over $35,192,445 by getting original 2020 tax notice value of $96,923,304 reduced down to $61,730,855. This resulted in a 2020 tax savings of $617,838 with a total tax savings of $1,853,514 realized over the three year tax freeze period.
Practice area(s): Tax