Property Taxes (Leominster: house, assessment, appraisal)

[Kerby W-R]

Any ideas on average say for a $260,000 home in Leominster ?

[Valerie C]

Kerby, the 2008 tax rate in Leominster (pronounced Lemon-ster OR Lemon-sta BTW ) is $11.25 per thousand. So if a house is priced at $260K, it's probably going to be assessed quite a bit less, maybe in the 240K range, so taxes would be around 2600 or 2700 a year. Hope this is helpful

[LeavingMA]

Originally Posted by Valerie C

Kerby, the 2008 tax rate in Leominster (pronounced Lemon-ster OR Lemon-sta BTW ) is $11.25 per thousand. So if a house is priced at $260K, it's probably going to be assessed quite a bit less, maybe in the 240K range, so taxes would be around 2600 or 2700 a year. Hope this is helpful

That is correct, although 2008 assessments are based on 2006 values, so your assessment could be around $260,000 or slightly higher. Assessments should adjust over the next 2 years as property values have come down since then. Of course, the town could always raise the tax rate to make up for this.

If you go to visionappraisal.com, click on the tab online database and then click Massachusetts and then Leominster, you can find any homes assessed value.

[neil0311]

My house was assessed at $289K and we payed ~$3200/year.