knabe
Well-known member
property reassements are handed out at various times of the year. mine is in the fall, and is limited to a gain, by prop 13, to 1.2% per year.
my property tax for 5 acres and 1250 ft2 house that has a 30 year old roof in sad state, wood siding that is rotting, lp gas, is about $7000 per year. this include about 800 for ag water, 100 for university upgrades and property purchase just down the street and some other stuff i didn't vote for, but non property owners did, especially the city which gets to vote on their parcels always, of course, giving themselves more money.
4 of my neighbors purchased their house for almost twice as much as me and they pay about $13,000 (with the same size house) as value automatically repegged upon transfer. new construction requires a sewer and water hook up fee that just increased from $2500, to over $30,000. that was last year. glad we don't have to pay that.
some folks in virginia received a 300% increase!!!
what's yours
my property tax for 5 acres and 1250 ft2 house that has a 30 year old roof in sad state, wood siding that is rotting, lp gas, is about $7000 per year. this include about 800 for ag water, 100 for university upgrades and property purchase just down the street and some other stuff i didn't vote for, but non property owners did, especially the city which gets to vote on their parcels always, of course, giving themselves more money.
4 of my neighbors purchased their house for almost twice as much as me and they pay about $13,000 (with the same size house) as value automatically repegged upon transfer. new construction requires a sewer and water hook up fee that just increased from $2500, to over $30,000. that was last year. glad we don't have to pay that.
some folks in virginia received a 300% increase!!!
what's yours