Talk of The Villages Florida - View Single Post - Sale of home
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Old 11-22-2019, 04:18 AM
JimJohnson JimJohnson is offline
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Quote:
Originally Posted by retiredguy123 View Post
The Wildwood millage rate is about 3.4, which they claim is the lowest rate in 30 years. On a $300K house, that will add about 1,000 dollars to the overall tax bill. But, I can understand how a new house in Sumter County could have a tax bill twice as much as an older house in Sumter County. Most of the difference is that older houses seem to have lower assessed values than newer houses, even though they may have a similar market value. And, the Wildwood City component also contributes to the higher tax.
Perfect. Thanks for a better explanation than I could get out.