Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-11-2007, 10:08 AM
 
1 posts, read 3,203 times
Reputation: 10

Advertisements

I was all set to buy a $200,000 home in NorthPort but just heard the taxes may be $6,000 per year. Does this sound right?
Reply With Quote Quick reply to this message

 
Old 03-11-2007, 02:40 PM
 
Location: Houston, TX
363 posts, read 1,361,000 times
Reputation: 166
Sarasota taxes are high. You might be purchasing it for $200K, but the county may have valued it higher. Then next year they might re-evaluate your taxes based on your purchase price.

I am next door in Charlotte County. They valued my new home at $398K and my taxes are $5500. Just paid them Friday-waaaaah!
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 02:49 PM
 
2,313 posts, read 3,195,122 times
Reputation: 471
Quote:
Originally Posted by floridabound? View Post
I was all set to buy a $200,000 home in NorthPort but just heard the taxes may be $6,000 per year. Does this sound right?
That is high. I could not find the millage rate but after HSE you would have $175,000 x millage of on the high side .25. That woud make it more like $4300 and I think the millage is probably less then that.
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 06:34 PM
 
17,536 posts, read 39,147,881 times
Reputation: 24289
But they won't have homestead until the second year - something to keep in mind.
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 06:51 PM
 
1,608 posts, read 9,747,514 times
Reputation: 974
Sounds right to me. That's the going rate in many cities for a home that value.
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 09:12 PM
 
Location: Lakeland, FL
523 posts, read 2,830,718 times
Reputation: 189
I think it will be closer to 3000 or 3500. One good plan is if you are building your home on vacant lot,The taxes for the rest of the year is based on land value only for taxes. So you get some break there.
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 09:28 PM
 
Location: SC
17 posts, read 89,381 times
Reputation: 16
Quote:
Originally Posted by gypsychic View Post
But they won't have homestead until the second year - something to keep in mind.
Unless you buy a home with a homestead already on it, right?
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 09:33 PM
 
Location: Lakeland, FL
523 posts, read 2,830,718 times
Reputation: 189
It all depends when you close, If you buy a used home with homestead in Sept, you will pay prorated tax thru december , then you can apply for homestead by march, it gets tricky then, the mortgage company most likely mess up and under charge you or overcharge your escrow that year.
We always get undercharged and it catches up the next yr.
But if you buy a home from builder in sept say, the last 3mos are based on
lot only. Which is quite a saving.
Reply With Quote Quick reply to this message
 
Old 03-11-2007, 11:05 PM
 
Location: Riverview
121 posts, read 504,312 times
Reputation: 42
Yea right on building on a vacant lot. We have a half acre lot in Hillsborough County that we WERE going to build on. Taxes as follows. 2004 $2,700. 2005 $7,800 and 2006 $11,000. How is that for progress. And you want to know why they said they raised them????All the new residents. Thanks alot.
Reply With Quote Quick reply to this message
 
Old 03-12-2007, 07:55 AM
 
Location: Lakeland, FL
523 posts, read 2,830,718 times
Reputation: 189
You have got to be joking???

I cant move back, i love Riverview and brandon area.

That's why I moved to Lakeland. My taxes on 195,000 new Lakeland home.
First year vacant lot. 300.00. sept 2005 , 2006- 2476.00
I had appraisal done May 2006 to sell 289.00. We planned to buy and sell every 2 yrs. My family is all in Brandon area, but just got to darn expensive.
Something has to be done.
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. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

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


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

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

All times are GMT -6. The time now is 11:07 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top