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25dic
07-05-2007, 03:21 PM
I am looking into buying in the Havasu area and was wondering what the property taxes run in the area, thanx for any help.:idea:

mbroome
07-05-2007, 03:41 PM
dunno bout there, but here in jackson mississippi its not prop taxes, it's "Bend over and take it, your roads will continue to be crap and you will be short almost 400 police officers. OH! and have a nice day" tax.....
p.s. no personal checks!

Boatcop
07-05-2007, 04:53 PM
For 2005 it was $9.64 per 100 dollars of valuation.
So if the home is valued at $350,000 taxes would be around $3,374 per year, if my math is correct.

Not So Fast
07-05-2007, 04:58 PM
Does the term "BOHICA" ring a bell??:mad: They have more than doubled my actual cash value in 4 years, in fact it has gone up about 300%. I realize it should have gone up but it's insanity now and for retirees it hurts.:( :( NSF

SK48
07-05-2007, 05:47 PM
Just remember there is no prop 13 like Calif. so your taxes will continue to
increase with the surronding property values. It's O.K. but not a good deal when you retire or are on a fixed income.

OverKill
07-05-2007, 05:54 PM
Does the term "BOHICA" ring a bell??:mad: They have more than doubled my actual cash value in 4 years, in fact it has gone up about 300%. I realize it should have gone up but it's insanity now and for retirees it hurts.:( :( NSF
So are you seeing the light. America doesn't want anyone to retire, they just want you to die! Bottom line if you can't pay to live than on the streets you go. I feel everyone needs to just stop paying taxes and make this government of ours fold.
OverKill

lawbreaker2
07-05-2007, 06:54 PM
For 2005 it was $9.64 per 100 dollars of valuation.
So if the home is valued at $350,000 taxes would be around $3,374 per year, if my math is correct.
Oh man, I knew I was getting F%@!#:mad: I pay that now, and my home is only worth $167,000:eek:

1 Baja Guy
07-05-2007, 07:30 PM
Damn ... My house must be worth $3500.00 with that math.
Good to hear.. :)
For 2005 it was $9.64 per 100 dollars of valuation.
So if the home is valued at $350,000 taxes would be around $3,374 per year, if my math is correct.

Beanpohl
07-05-2007, 07:43 PM
The thing is though that the assessors office never seems to value homes at their market value. Real world percentages seem to run about .4% to .5% of the market value of the home (per year). For example, my place in Havasu I recently bought for 207K... property tax is 1,014 per year. Yeah, i know, it rocks. :D

Boatcop
07-05-2007, 08:06 PM
Your math is incorrect. That would be 9.64%, which is more than I pay in SoCal. I believe you're taxed at .964%, which would make more sense. That would also result in a tax bill of $3,374 on $350,000.
You're right. I left out a step.
Property tax for residential is based on 10% of valuation. So it would $9.64 per $100 of $35,000.
Commercial would be at 25%.
Vacant land is 16%.
Still would be $3,374, though.
(Nobody said I'd have to show my work! :D )

25dic
07-05-2007, 09:11 PM
Thankyou all for the info it will help while looking at the properties.

Kilrtoy
07-06-2007, 06:33 AM
That is still too high, I pay just under 900 bucks for the year and the house is valued at 230K

Boatcop
07-06-2007, 09:40 AM
That is still too high, I pay just under 900 bucks for the year and the house is valued at 230K
What the house is worth (value)...
...is different than what the assessor's valuation is.
The ideal situation is for the assessor's valuation to be 80% of the property's cash value.
If you look at the notice of valuation you get each year, that will show the figure that the property is taxed on. It's probably much lower than what you could sell it for. (value)
As an example, my place has a tax valuation of around $140,000. But it was appraised at $275,000. It would have been a lot lower, but the remodel I did a few years ago triggered a new assessment. That shows the TRUE purpose of Building Permits. Has a little to do with inspections and safety, but more to do with making sure the County gets their fair share of the new work.

willowrat
07-06-2007, 06:06 PM
What the house is worth (value)...
...is different than what the assessor's valuation is.
The ideal situation is for the assessor's valuation to be 80% of the property's cash value.
If you look at the notice of valuation you get each year, that will show the figure that the property is taxed on. It's probably much lower than what you could sell it for. (value)
As an example, my place has a tax valuation of around $140,000. But it was appraised at $275,000. It would have been a lot lower, but the remodel I did a few years ago triggered a new assessment. That shows the TRUE purpose of Building Permits. Has a little to do with inspections and safety, but more to do with making sure the County gets their fair share of the new work.
I bought in Willow Valley 10 years ago. Just before things went crazy. My taxes started at $239 a year and are now $225. I do not know why they went down. Go figure.

sleekcraft80
07-06-2007, 07:40 PM
I bought a lot in Fort Mohave last year and I believe the taxes were about $225 and it is still just dirt. The only improvement I have done is had a water meter installed.

willowrat
07-07-2007, 06:12 PM
Have they added any new services in your community that would justify an increase in your taxes?
They have done quite a bit of work in the marina over the last few years. Mostly dredging and adding some pipe for in and out flow of river water. They lengthed the ramp a little. Things are generally getting cleaned up. No new services. The association fee is $180 a year. Can't do much with that.

ahhell
07-07-2007, 06:21 PM
The average tax rate on homes in Arizona before exemptions and rebates is approximately 1.3% of market value or 13% of assessed value. So, if your home is assessed with a Full Cash Value of $350,000, and your property tax rate was exactly at the average 1.3%, then you'd be paying $4,550 per year in real estate tax on your home.
just got my tax bill and its 4k on 300k assesment...:eek: but were working on a prop 13 type thing here in AZ, Thank God

BajaMike
07-07-2007, 06:39 PM
The average tax rate on homes in Arizona before exemptions and rebates is approximately 1.3% of market value or 13% of assessed value. So, if your home is assessed with a Full Cash Value of $350,000, and your property tax rate was exactly at the average 1.3%, then you'd be paying $4,550 per year in real estate tax on your home.
just got my tax bill and its 4k on 300k assesment...:eek: but were working on a prop 13 type thing here in AZ, Thank God
I never thought I would see the words....."it's cheaper in Orange County"......:jawdrop:
But real estate taxes in OC are less then that (at least if you bought a while ago, I dont' know how it is if you bought now).............
:idea:

willowrat
07-07-2007, 07:36 PM
The average tax rate on homes in Arizona before exemptions and rebates is approximately 1.3% of market value or 13% of assessed value. So, if your home is assessed with a Full Cash Value of $350,000, and your property tax rate was exactly at the average 1.3%, then you'd be paying $4,550 per year in real estate tax on your home.
just got my tax bill and its 4k on 300k assesment...:eek: but were working on a prop 13 type thing here in AZ, Thank God
Thank God for Howard Jarvis. He wrote Prop 13 in California. AZ needs someone like him.

Boatcop
07-07-2007, 08:04 PM
My Property Taxes have gone from $339 in 2006 ($108,000 valuation), $362 in 2007 ($137,000 valuation), to $402 in 2008 ($142,000 valuation). The increases are all due to increased valuation from the County Assessors Office every year.
I really can't complain because:
1) It's worth $275,000.
2) Only my 1/2 ownership is subject to taxing. My wife's 1/2 isn't taxable, since the property is within the Reservation, and since she's Native American, her share of the house is exempt. And yes, it is deeded land.