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06-30-2007, 12:49 PM
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East Lansing - taxes
Hello,
I'm just wondering what average taxes would be in East Lansing. I'm looking at a house for 170,000 with a taxable value of about 77,000. SEV value about 100,000. Thanks, Bernie 
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06-30-2007, 09:30 PM
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If you are going to buy a house, remember that that will uncap the SEV and taxable value. Therefore, it really is not too helpful to look at the current information. If you bought a property in East Lansing for $170,000 the next tax year (2008) your SEV and Taxable value should be half of what you paid or $85,000. Unfortunantly, East Lansing has the highest milage rate in the tri-county region and the homestead rate is still just over 52 mils. That means that once the taxes are adjusted after you buy the house they should be right around $4420.
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