Real Estate Sales in Fayette County
Real estate sales which occurred in the year 2007 were analyzed to re-assess property for 2007.
Fayette County Residential & Agricultural Sales for 2007 (179 KB PDF) *
Fayette County Commercial & Industrial Sales for 2007 (40 KB PDF) *
While reviewing these sales, keep in mind that not all sales are used in estimating tax assessments. Listed below are some sales conditions which may not reflect Fair Market Value:
- Sales involving government agencies and public utilities
- Sales involving charitable, religious, or educational institutions
- Sales in which a financial institution is the buyer or seller
- Sales between relatives or corporate affiliates
- Sales between adjacent property owners
- Sales of convenience
- Sales settling an estate
- Sales of doubtful title
- Sales involving trades
- Sales conveying partial interest or land contracts
- Sales conveying additional interests or property other than the real property (i.e. personal property, goodwill, long-term leases, franchise agreements, etc.)
- Sales involving incomplete or unbuilt community property
- Sales involving multi-county property
- Sales forced by legal difficulties
- Sales using non-conventional financing

