property taxes libertyville/lake county (Kansas: assessor, how much, homes)

[kellib]

My husband and I are considering a move to this area and have not yet toured in person but after great research via the internet have become informed on the schools in this area. I have two boys, one in 8th grade who is in the gifted program and one in the third grade who has some learning issues with an IEP. I need to understand WHY the taxes are so high in libertyville. Of course I expect them to be to sustain their scores but taxes of 20,000 a year on a 750,000 home seems way out of whack! Can anyone chime in here. We need to stay within a 20 to 30 minute commute to round lake. Also how much negotiating can be expected here. It seems some of these homes have been listed well over 9 months without movement. Thanks for any advice you can give!

[lakecountylifer]

Yep, thats the tax rate in Lake County. Lake County isn't Kansas...it's pretty expensive. And even if you negotiate a lower purchase price for the home, the township assessor will issue your tax bill on fair market value. That said, I'm sure, in this market, there are deals to be had out there for housing stock that's been sitting for a while. Oh, and if you break down the tax bill, you'll see as much as 50% of your taxes go to the schools.