62 Pitman Ave

Step 1 · Market value

Likely range $347,391 – $525,632, from 12 comparable Pitman sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $408,812 home should be assessed near $299,700.

Step 3 · Assessed value

Set at the last town-wide revaluation and mostly frozen since. That's $17,000 above what the ratio math suggests (5.7%).

Step 4 · The tax rate — same for every Pitman home

$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%

This home's own bill implies $3.517 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

This home vs. every recent Pitman sale · assessed ÷ market

50%97%

The evidence · comparable sales (SR1A usable-sale records)