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Old 10-27-2010, 02:55 PM
 
Location: Utah
5,000 posts, read 14,434,665 times
Reputation: 4975

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So, how much did your residential property taxes go up--percentage wise when compared with last year? Did your property market value change?

My taxes went up 7.19% and my property market value didn't change.
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Old 10-28-2010, 07:50 AM
 
Location: Forest Hills
555 posts, read 1,466,062 times
Reputation: 345
Hmmm... I think mine went down... the bank was escrowing about $200 more than what the taxes came in at... of course I only bought last month. I also appealed the assessed value, still waiting to hear back on that. Regardless, I'm just thrilled not to be paying $11,000 a year any more like I was in NJ!
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Old 10-28-2010, 10:26 AM
 
Location: Utah
5,000 posts, read 14,434,665 times
Reputation: 4975
Wow! That's crazy. But maybe that might help partially explain why our education system is so underfunded. Don't get me wrong, I'm not saying we should increase property taxes to fund education here.
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Old 10-28-2010, 11:40 AM
 
Location: 125 Years Too Late...
10,860 posts, read 10,529,930 times
Reputation: 9517
Quote:
Originally Posted by nemmert View Post
Regardless, I'm just thrilled not to be paying $11,000 a year any more like I was in NJ!
Good lord, that is insane!
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Old 10-28-2010, 12:10 PM
 
Location: South Jordan, Utah
6,800 posts, read 7,347,423 times
Reputation: 2955
Quote:
Originally Posted by ChrisC View Post
Good lord, that is insane!
Unless it was a million dollar house
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Old 10-28-2010, 01:16 PM
 
Location: Forest Hills
555 posts, read 1,466,062 times
Reputation: 345
Quote:
Originally Posted by hilgi View Post
Unless it was a million dollar house
$307,000 is what we paid for it in February. We were paying $8,000 a year for the home we sold for $240,000 in May. Definitely not million dollar homes, simply corruption to the extreme!

My mortgage in Utah is $100k higher, total payment with taxes is $200 lower
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Old 10-28-2010, 02:33 PM
 
Location: The other side of the mountain
2,447 posts, read 5,898,176 times
Reputation: 1185
I remember living in Jersey and thinking there was NO WAY that I would ever be able to afford to buy there. I could afford the mortgage, but the taxes would KILL me. The county we lived in even had one of the most affordable property taxes in the state and even that was crazy expensive. Schools are good there, but for that kind of money, they had better be teaching the kids to walk on water. Seriously.
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Old 10-28-2010, 08:50 PM
 
Location: Exeter, NH
5,282 posts, read 4,387,099 times
Reputation: 5667
Quote:
Originally Posted by ChrisC View Post
Good lord, that is insane!
Tell it to those who set the tax policy in NH. I'd be getting a break if I only paid $11,000.
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Old 11-06-2010, 03:40 PM
mlb
 
Location: North Monterey County
3,150 posts, read 2,832,043 times
Reputation: 4805
Our property taxes went up - $1700 to $1850 - and our value decreased.

Still - it's much more than what we paid for it 13 years ago. About 100K more.

For this home here in Sandy - if I were to place it in my home town in Wisconsin? I'd be paying over $6000 in property taxes.

However, the schools in my hometown leave Utah schools in the dust.
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