… Especially if you are in California.  But whatever you pay, it’s nothing compared to the $8 Million tax bill the owner of this not-exactly-luxurious home received.  The house was valued at $121,900 until a computer (or user) error bumped it just a bit… to a whopping $400 Million.

The owner was not the only one with an unpleasant surprise: so were the schools in the district.  Apparently the county already budgeted the increases tax revenue, and schools had to return some $3M of the extra money.   (full story on CNN)

Tags: taxes, property tax, home valuation, computer glitch, bureaucracy, school funding