Hanoverian, Inc. v. Lehigh County Board of Assessment

KELLEY, Judge.

Hanoverian, Inc. (Hanoverian) appeals from an order of the Court of Common Pleas of Lehigh County (trial court) which denied its petition for allowance of assessment appeal nunc pro tunc. We affirm.

On September 27, 1995, Hanoverian purchased property at a judicial sale for a high bid of $500. As of the date of the sale, the property was assessed at $3,961,350, which represented a fair market value of $7,938,-545. In addition to the bid price, Hanoverian was required by the Tax Claim Bureau to pay $158,771 in realty transfer taxes based on the assessed value as of the date of the…