Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Michigan > Grand Rapids metro area
 [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 04-05-2018, 04:32 PM
 
1,185 posts, read 1,492,941 times
Reputation: 2296

Advertisements

Quote:
Originally Posted by magellan View Post
Your property taxes couldn't possibly have gone up that fast. Michigan has a cap on property tax increases from Proposal A back in the 1990's. Rate of inflation or 5%, whichever is less, is all they can increase your assessed value while you're living there and claiming it as your primary household.

For our home, in 2011 we were $3396/year. In 2017 we were $4231. Part of that increase was for a millage request for upgrades to all of the schools, and an expansion of the high school where our kids go.
I moved.

The tax rate also moved much faster than inflation. It was ~5000/year when I moved out in 2015. This might have to do with the fact that I bought the place and was still paying the old tax rate.

The city jacked the rates up on the new owners.

The taxes were:
$4200 in 2013
$5000 in 2015 when I sold.
$7200 in 2018

(edit) Just looked it up. Taxes are ~1500 higher than the neighbor, who had a bigger house with a higher assessment.

So basically, move into Grand Rapids today and you're getting Michigan's version of California's Prop 13.
Reply With Quote Quick reply to this message

 
Old 04-05-2018, 05:13 PM
 
Location: Grand Rapids Metro
8,882 posts, read 19,788,324 times
Reputation: 3920
Quote:
Originally Posted by Lockdev View Post
I moved.

The tax rate also moved much faster than inflation. It was ~5000/year when I moved out in 2015. This might have to do with the fact that I bought the place and was still paying the old tax rate.

The city jacked the rates up on the new owners.

The taxes were:
$4200 in 2013
$5000 in 2015 when I sold.
$7200 in 2018

(edit) Just looked it up. Taxes are ~1500 higher than the neighbor, who had a bigger house with a higher assessment.

So basically, move into Grand Rapids today and you're getting Michigan's version of California's Prop 13.
So YOU weren't hit with the tax increase. I think that's what you implied.

Property taxes here are still relatively inexpensive, depending on where you live. In the city of GR, yes a bit high but not East Coast high or Chicago high. Go out to any of the townships and it's right around 1.1 - 1.2% of your market value per year.
Reply With Quote Quick reply to this message
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 > Michigan > Grand Rapids metro area
Similar Threads

All times are GMT -6.

© 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