If my 2006 assessed tax value of my home is 14,863 um.. does that mean that my property taxes are being raised from roughly $3000 per year to 14,863 per year?
2007-05-18 12:31:11 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
NO...it does not mean that at all. It means that the $14,683 is the valuation basis they are using to calculate the amount of taxes you are charged.
2007-05-18 12:34:48 · answer #1 · answered by acermill 7 · 1⤊ 0⤋
Depending on where you live the tax rate could vary a lot. The previous answer was correct. If you want to know about what your taxes would be....go to last year's tax bill and compare the two numbers....14863 compared to whatever it shows for last year. If there have been no special assessements since last year, you should be able to get close to what the new taxes will be.
Again, depending on where you live, look on the old statement for any assessements for schools, sewer, infrastucture charges, etc.
2007-05-18 14:31:15 · answer #2 · answered by loandude 4 · 0⤊ 0⤋
Does the assesment say $14,863 in taxes or valuation? Most assesments are what the county says the property is worth. The tax is then based on that. County assesments are ususally much lower than true market value. Is it much higher than last year? If it went up by an unusual amount, you can request a review based on valuations of other similar properties.
2016-05-17 05:18:55 · answer #3 · answered by ? 3 · 0⤊ 0⤋