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exarch on scored.co
1 year ago2 points(+0/-0/+2Score on mirror)2 children
It varies by state, but in my state $500 per month is what you pay on a $700,000 house. And that’s the assessed value. The price on Zillow would be higher.
Zillow says my house is worth $330k but the tax value is $270k and I pay $160 per month. Also, the homestead exemption is a thing
1 year ago6 points(+0/-0/+6Score on mirror)1 child
"Taxation value" might be the word you're looking for? Yet another jewish trick. Notice how the most expensive properties has a much lower taxation value compared to market value, while for cheaper homes those two may be the same, or taxation value might even be higher than market value. By design this is made so that poor people have to pay more tax. And because it's tied to property and not work, as would be the case with income tax, you're basically fucked if you quit your job or get fired.
1 year ago7 points(+0/-0/+7Score on mirror)1 child
Back when I lived in Washington State, in Pierce County, the auditor literally told the taxpayers something like: "I am going to assess your homes for the MINIMUM value. If you think it is worth even less, write me a letter, AND I WILL REDUCE ITS VALUE ACCORDINGLY." Property prices were easily 3x the taxable value. People who complained about property taxes on public forums would see their assessed values drop the next year. He even went out of his way to find retirees and elderly people with difficult living circumstances and assessed their properties at much lower values. Needless to say, the city of Tacoma HATED him, but the residents loved him.
Plus if you buy property, and use it for agriculture, you pay pennies on the dollar in taxes. My acreage is only like $100 a year in taxes, total, while my house is closer to $3,000. If I sell and build my house on the property, I am going to dedicate 1/4 acres for my home and that would probably reduce property taxes down closer to $1,000.
Zillow says my house is worth $330k but the tax value is $270k and I pay $160 per month. Also, the homestead exemption is a thing