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.
Hi! Ive just started researching Holly Springs, Apex, Cary, etc... and I am in love with what I am seeing real estate wise and all the positive threads Ive read on this board. Im from the coast of overpriced CT and NEEED a change for the better!!!
I am having a difficult time trying to find out what the taxes, property taxes, would be on a ... lets say 2000 sq ft house on .25-.50 acre that sold for $200,000. How about car taxes?
It depends on the town, but it's about 1% of the appraised value in Cary. So you'd be looking at around $2000. Car taxes are about 1% annually. We paid $500 last year on a 2006 Odyssey and a 2003 Pilot. It will also cost around $200 each car to register. These are ballpark figures.
Nice job. If your home is assesed at $200,000 (not purchase price) and your live in Cary within the city limits your tax rate for 2007 is 1.098. Price is bases upon $100 per assesed value multiplied by the tax rate.
Calculations:
$200,000/100=$2,000
$2,000x1.098=$2,196 property tax
If I did my math correctly, $2,196 would be your property tax based on an assesed value of $200,000 not purchase price.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
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.
