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To: Malsua
My understanding is that the answer is "depends". Have you lived there for 5+ years or did you just move there. If the former, probably something like $1500/year, if the latter, something like $6-8k/year.

It varies by County/City. However, "Real Life" figures for my area are as follows: $450K current value property taxes are about $2,500/year with homestead exemption and 5-10 years in same home..., $6,000/year if you just moved in. These are from the property appraisal website for my neighborhood.

23 posted on 06/15/2007 5:03:28 AM PDT by ExSES (the "bottom-line")
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To: ExSES
It varies by County/City

Yeah, my friend lives in Lake Mary and he bought his home 12 years ago for 220 and before he tore it down in 2005 it was appraised at $425 but he was still paying about $1500/Year. After Charley he tore it down when an ancient tree flew about 75 Feet and split the house in two. He built a McMansion in its place and just sold it for 2 million. If nothing changes, he was going to have a 17,000/year tax bill so sold it.

29 posted on 06/15/2007 5:28:25 AM PDT by Malsua
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To: ExSES

In SE PA, such a house would probably be about $7K or more depending on the area. In NJ, I think $12K per year or more would be about right.


36 posted on 06/15/2007 5:48:49 AM PDT by ikka
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