U.S. Cities  

Go Back   City-Data Forum > U.S. Forums > Florida
Register Blogs Search Today's Posts Mark Forums Read

Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads.

Get a detailed profile
Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply


 
Old 03-04-2007, 04:41 PM
Member
 
Join Date: Dec 2006
16 posts, read 24,929 times
Reputation: 13
robjr100 is on a distinguished road
Default Property tax and homeowners insurance

Anyone have any idea what those might be a year in the Naples area for a 200 to 250k house or condo? I was trying to get a ball park figure what monthly costs might be.
Reply With Quote Quick reply to this message

 
Old 03-04-2007, 05:30 PM
Moderator
Status: "Happy Hanukkah!" (set 1 day ago)
 
Join Date: Jan 2007
3,370 posts, read 2,891,259 times
Reputation: 775
doggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to beholddoggiebus is a splendid one to behold
A rule of thumb on property taxes is 2% of sale price. So on a $200-250K that would put it between $4,000 and $5,000 dollars a year.
Reply With Quote Quick reply to this message
 
Old 03-04-2007, 09:53 PM
Florida & Military Life and Issues Moderator
 
Join Date: Aug 2006
Location: Living in Paradise
5,700 posts, read 6,630,284 times
Reputation: 2319
sunrico90 has a reputation beyond repute
sunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond reputesunrico90 has a reputation beyond repute
See below for info from county:

Before the amount of property tax for your property can be determined, it is necessary to know the amount of money to be spent by the local government for one year (the budget) and the total assessed value for all properties on the assessment roll. Public Schools, Water Management, Mosquito Control, City and County governments are examples of different taxing authorities within our local government.

To figure the tax rate, let's assume the budget for all of the taxing authorities combined is 450 million dollars for the fiscal year. Let's also assume the total assessed value for all properties is 30 billion dollars.

The budget, (less anticipated revenues from sources other than the property tax,) is divided by the assessed value, (less exempt property,) to obtain the tax rate. (450,000,000 / 30,000,000,000 = 0.015). This result may be expressed as a 1.5 percent tax rate applied to taxable value.

The tax bill for individual property is calculated by multiplying the taxable value of the property by the tax rate. Let's assume the market value of our property is 100,000. A Homestead Exemption of 25,000 was granted which reduces the value to 75,000.

Consequently, the total taxes levied in our example would be calculated as follows:

75,000 x .015 = 1,125

The tax liability for this particular property owner would be $1,125 towards the fiscal budget of 450 million.

Tax bills are mailed out around the first of November and become due and payable to the Tax Collector without penalty by March 31st. A 4% discount is offered for an early payment in November. The discount reduces by 1% each month until March 1st - March 31st when the full amount becomes due.

http://www.collierappraiser.com/MainProperty.asp
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.



Reply


Quick Reply
Message:

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads


Go Back   City-Data Forum > U.S. Forums > Florida

All times are GMT -6. The time now is 08:00 PM.

Copyright © 2005-2009, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 - Top