Learn the latest information about residential and business real property in the Seattle space and Pacific Northwest. Less expensive: Say the identical couple bought their old dwelling for $600,000, then paid $500,000 for a condominium. Since the rental’s worth is 83 p.c of the outdated residence’s gross sales price, the new assessment could be 83 percent of the previous, or $62,500. Their new property tax can be $625. Nevertheless it also means our own landlords’ and real property agents’ teams will have more time to follow their lines about tenants’ rights resulting in all kinds of doom and gloom for renters. “Cautious what you would like for,” they may say.…