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Old 04-29-2014, 07:25 AM
 
Location: Venice, FL
704 posts, read 570,164 times
Reputation: 319

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Can anyone tell me how close your tax values are to your actual sales values in Punta Gorda and North Port? Thanks.
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Old 04-29-2014, 09:19 AM
 
Location: Lemon Bay, Englewood, FL
3,113 posts, read 4,535,240 times
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Please see this recent thread from just last week that covers this topic.

Charlotte Co. Property Tax Calculation
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Old 04-29-2014, 09:31 AM
 
Location: Venice, FL
704 posts, read 570,164 times
Reputation: 319
Thank you.
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Old 04-29-2014, 07:41 PM
 
Location: Port Charlotte, FL
3,961 posts, read 8,477,329 times
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Here is the Charlotte County Appraiser web site that explains it: https://www.ccappraiser.com/real.asp
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Old 04-29-2014, 08:16 PM
 
Location: Venice, FL
704 posts, read 570,164 times
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Thank you TamRE, it is difficult to correlate correct property tax values vs. sales value in Florida via property tax valuations since you guys had such a a fluctuation in real estate prices. Here in Texas, no offense intended, it is much simplier since our real estate prices didn't go up in extremes until very recently. Just trying to get a grasp here. on how to gauge.
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Old 04-30-2014, 09:30 AM
 
Location: Lemon Bay, Englewood, FL
3,113 posts, read 4,535,240 times
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The only real way to gage "true value" is by a comp analysis for the home/area you are interested in. The tax appraisers values mean NOTHING
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Old 04-30-2014, 09:36 AM
 
Location: Punta Gorda and Maryland
6,102 posts, read 13,060,618 times
Reputation: 1220
Quote:
Originally Posted by Harbor Hopper View Post
The only real way to gage "true value" is by a comp analysis for the home/area you are interested in. The tax appraisers values mean NOTHING
I've bought and sold a LOT of homes here over the years, and can tell you HH is right. Don't think the tax appraisal are remotely close to reflecting any approximate value or trend in helping to determine a houses worth.
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Old 05-01-2014, 02:54 AM
 
Location: Venice, FL
704 posts, read 570,164 times
Reputation: 319
Thanks guys. I appreciate the info and your patience.
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Old 05-01-2014, 04:46 AM
 
Location: sittin happy in the sun :-)
3,575 posts, read 5,804,495 times
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we bought in jan 09 for $x
tax assessment was $x plus 21%
in 2010 it dropped to $x MINUS 32%
in 2011 it was $x minus 15%
in 2012 it was $x minus 10%
and in 2013 $x minus 3%

however 2012 and 13 also included the pool we added !!!!

we have had the home appraised twice in the past 21/2 years by the banks for an increased and the re-mortgage, both times it came in at around $x plus 20-25%

which based on comps is what we would hope to sell for

go figure
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Old 05-01-2014, 09:06 AM
 
Location: Venice, FL
704 posts, read 570,164 times
Reputation: 319
Quote:
Originally Posted by mr&mrssunshine View Post
we bought in jan 09 for $x
tax assessment was $x plus 21%
in 2010 it dropped to $x MINUS 32%
in 2011 it was $x minus 15%
in 2012 it was $x minus 10%
and in 2013 $x minus 3%

however 2012 and 13 also included the pool we added !!!!

we have had the home appraised twice in the past 21/2 years by the banks for an increased and the re-mortgage, both times it came in at around $x plus 20-25%

which based on comps is what we would hope to sell for

go figure
I have to agree - go figure. That's nuts.
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