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Can someone help me explain this property tax? How come so low?

The address is 84 Full Moon, Irvine, CA 92618

I checked the OC property record the amount is accurate, I never saw a property tax up and down every year.

You know the property tax in PS and great park are always 1.6% include the MR……

Anyone can explain why this is so low?

Year,Property Tax,Change,Assessment 2023,$3,444,+2.2%,$107,639 2022,$3,370,+0.3%,$107,639 2021,$3,361,+0.3%,$105,529 2020,$3,351,-8.3%,$103,460 2019,$3,655,-1.9%,$102,400 2018,$3,728,+1.8%,$100,393 2017,$3,663,+0.9%,$96,496 2016,$3,630,+1.9%,$96,496 2015,$3,562,+0.5%,$94,604 2014,$3,543,-0.1%,$91,358 2013,$3,548,-2.2%,$91,358 2012,$3,629,+0.9%,$90,946 2011,$3,598,—,$89,163 2010,$3,596,-27.7%,$87,415 2009,$4,973,+1.7%,$86,762 2008,$4,890,—,$86,969

submitted by /u/TonyZhouzzz
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source https://www.reddit.com/r/RealEstate/comments/1g6c2lv/can_someone_help_me_explain_this_property_tax_how/
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