If it is time for whining, I'm jumping in...<div><br></div><div>On July 27, 2005, my late mother, brother and I paid $1.45 million for 6201 and 6205 Natoli Place. We call them The Brick House and The Pink House. In between is 6203, a VERY SMALL vacant lot which, in good times, can be built on. We paid $8,500 in taxes to Prince George's County at settlement. Since then, we have improved the properties physically. We've also added new, improved tenants. That means, the crack heads were tossed. That is not an easy process. We have also put about $250,000.00 in cash and sweat equity into the property. </div>
<div><br></div><div>We are not slumlords but hands-on, property managers. We fix the problems that we don't even cause. When you dial our numbers, you get US. </div><div><br></div><div>Last September we sent the county freak show, dba Prince George's County, $23,500.00 in property taxes. Remember, that is up from $8,500.00!</div>
<div><br></div><div>We just got our assessment and its up another $5,000.00 to $28,000.00 Golly Day! I am considering a one-way trip to the Grand Canyon...</div><div><br></div><div>There is no way in the world that we can increase our rents, expect our tenants to pay that sort of increase. WSSC water went up 9% on July. Insurance is a ball-buster. The Town of Riverdale Park (a name not recognized by Verizon when calling 411, by the way) has been very supportive about leaning on PEPCO to install a new, and brighter street light in front of 6201. Yet, nothing has happened.</div>
<div><br></div><div> We've asked for very little, we've gotten less. </div><div><br></div><div>So, we have two openings (August 1) for two 2-bedroom apartments. So I ask the fine people of Riverdale Park to send me their contacts of other fine people (code: those who pay their rent on time and don't smoke crack) to me.</div>
<div>(Melissa Avery sent me a wonder clown, Mandy Dalton just last week and we reached an agreement this afternoon for space in Cheverly. Thanks Melissa, Mandy is a hoot, and a wonderful person. A great fit for us! We can also find her a ton of gigs...) (Now that we don't have a clown in the White House, it's okay to laugh at them again...)</div>
<div><br></div><div>Your friend and neighbor in tax hell,</div><div><br></div><div>Jeffrey Yorke</div><div>Yorke Property Management, Inc.</div><div>Natoli Place Apartments</div><div>Jeffrey@YorkeRents.com</div><div>301-502-1243</div>
<div> <br><br><div class="gmail_quote">On Fri, Jul 24, 2009 at 11:46 AM, <span dir="ltr"><<a href="mailto:ABragg7393@aol.com">ABragg7393@aol.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;">
<div style="font-size:10pt;color:#000000;font-family:Arial"><font face="Arial" color="#000000" size="2">
<div>Just wanted to share some information on Riverdale Park Home sales:</div>
<div>As of today according to the Metropolitan Regional Information
System,</div>
<div>There are 18 properties available on the market in Riverdale
Park.</div>
<div>10 of those properties are Short/Bank sales</div>
<div>Average Price of Available properties is $262801</div>
<div> </div>
<div>There are 6 properties under contract in Riverdale Park</div>
<div>All 6 are Short/Bank Sales</div>
<div>Average Price for Under Contract Homes is $172250</div>
<div> </div>
<div>There were 14 properties Sold in the past 6 months</div>
<div>8 properties were Short/Bank Sales</div>
<div>The highest price for a home sold in Riverdale Park was $291,500</div>
<div>The average price for a home sold in Riverdale Park is $188,559</div>
<div> </div>
<div>In some cases our homes here in Riverdale Park are assessed for tax
purposes more than $100000 over what we could expect to get if
we sold them. Therefore, we are not paying taxes on "Fair Market Value"</div>
<div>I understand that assessments took place at a time when the market was
booming but it seems unfair.</div>
<div> </div>
<div>Audrey Bragg</div>
<div> </div>
<div> </div></font></div>
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<br></blockquote></div><br></div>