property tax question (Tampa: property taxes, appraiser, hoa)

[rich renter]

ok im thinking of buying a townhome for 130,000, the asking price was 180,000 a year ago, this will be the first property i own if i go ahead, what i am wondering is will my tax rate be based on what i actually paid for the property or the highest value a county apparaiser can dream up

[BucFan]

Hey, I had the same question. Tampa condo. Was 180-190k now 130,000s. Boy property prices are plummeting. Good for us buyers, no? Insurance and property taxes and HOA are the other things I now have to consider. All inflated in FLA.

[spainbrit]

Go to the tax appraisers office website for the county it is in. It should have the numbers in there. If not simply call the office, give them the address and they will tell you. All I can say is who knows what will happen with appraised values. They have come down a little, but not so that I noticed this year. Tax for 2007 has just been and property will be reassessed towards end of 2008 for 2008 tax bill.

[fof5]

I own a lakefront lot in R Lakes purchased in 01 tax of 260 or so,paid 16,500.taxes rose to almost 1200 in 06 ,this year tax is 500,appraisal at 36,500,was almost 100,000 at it's peek.

FL created much of their own mess as in the tax people,they tried catching lighting in a bottle just like the builders,flippers etc.

1 year my taxes go from 1200 to 500,That is inexcuseable,other then FL,Cali,Vegas and AZ,rest of the country isn't feeling the bite as bad,most and yes most of the housing bubble and crisis can be attributed to the above locations.