E.J. Murphy Realty
Heather Turri, E.J. Murphy RealtyPhone: (860) 605-5056
Email: [email protected]

Understanding tax rolls in real estate

by Heather Turri 03/05/2023

A tax roll, sometimes called an assessment roll, is a record of all the properties subject to taxes in a given area. These lists include detailed information about properties and associated taxes, including land and vehicles in some states. To better understand the relationship between tax rolls and real estate, here's the basic info to know:

What information is included in a tax roll?

A real estate property tax roll is a record of all properties subject to taxes in a particular jurisdiction. The rolls can be broken down by city, county, state and national levels for tracking and data-management purposes. Each property on a tax roll has important details, including:

  • owner
  • location
  • property classification
  • value
  • valuation date
  • appraiser
  • taxable status
  • tax owed

Why property tax rolls matter

Property tax rolls are important in real estate for a few reasons. One reason is they provide reliable documentation about a specific property's assessed value and how it might have changed over time. They can also show records of prior tax issues like liens or delinquency potential homeowners might want to be aware of.

Tax rolls can also help both borrowers and lenders confirm the assessed value of a property for determining loan approval and interest rates. Having a standardized source of official facts about specific properties can help in all steps of important financial decisions.

About the Author
Author

Heather Turri

As a lifelong resident of Litchfield County, Heather is quite familiar with the beautiful Northwest Corner of Connecticut.  In partnership with her husband at Turri, Inc., in Torrington, she managed and grew a 30+ employee electrical contracting firm that served both the residential, commercial and industrial industries.  Currently residing in Goshen she hopes to transfer and utilize many of the skills she learned in contracting to the real estate industry.

Knowing how a vital community relies on its volunteers, Heather spent many hours in several capacities at local organizations that she admires.  She serves on the Woodridge Lake Finance Committee and House Committee,  Victoria Court Condominium Association (secretary) and Educating Canines Assisting with Disabilities (volunteer and nursery mom).  Heather has also been involved with Goshen Community Care & Hospice (president of board of directors), Warner Theatre (board of directors), LARC (volunteer), Festival of Trees (founder), the Northwest Chamber of Commerce, and Goshen Business Circle.  Heather also served as Vice President of Woodridge Lake’s Board of Directors.

In Heather’s spare time, she enjoys spending time with family usually in an active way by playing tennis, golf, boating, hiking and skiing.

Heather is honored to be a part of the E.J. Murphy team and hopes you will contact her with any of your real estate needs.