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Hi all,
We are currently renting in Clackamas county and are searching for a home. We have been warned off of Mutnomah property taxes over and over, but I don't really understand why?
When I google it, I keep seeing that Clackamas County has the highest tax rates. But what I'm hearing anecdotally is that Multnomah has high tax rates.
Can anyone explain why Clackamas property tax rates are preferred over Multnomah's?
The rates are higher in Multnomah but that's not the complete picture. Oregon property tax values are based on 1995. Some houses were really cheap back then especially in East Portland. So while the rate may be higher the property tax total may not be.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
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You can get the levy rates at each taxing authority, I like to use a levy map when seeking porperties as rates can vary a lot within a county (I am not sure of the range of rates in Multnomah county, but one of my homes in another county is nearly double levy than the one just across the street)
I would be concerned about what additional fees / programs will be added to my Multnomah County Property taxes.
With increased commercial vacancies from the crime exodus, WFH jobs, e-commerce, and deliveries eroding the need for retail space... I can see a future budget crisis in Multnomah County property tax revenues coming from commercial properties. This money must come from somewhere, as government entities are not quick to downsize, sell their office properties, close firestations, and give up their pensions and cushy careers.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
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Realizing (of course) that current taxes (last yr or further back on Zillow) are NO indication of what your actual taxes may be (next purchaser)
Assessments (may not be current)
current existing Senior / handicap / income deferral = lower taxes ?
Thus you want to estimate using the specific levy for the specific property x your purchase price + and any addtional adjustments the assessor my decide to make (If they feel you paid under market price).
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