Talk of The Villages Florida - View Single Post - Sumter County Property Taxes
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Old 09-12-2022, 07:35 AM
Carol Fiore Carol Fiore is offline
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Default Base Rate

Quote:
Originally Posted by Bill14564 View Post
I assume base rate means starting point. If that is the case then yes, the same model should have the same starting point.
I been living in The Villages for almost 10 years. I really like living here. There is so much to do and FUN? In my opinion, I believe Sumter PA is overcharging property taxes for The Seniors only. I am just researching Sumter County PA. I would like to change the laws to protect the Seniors.

The Base Rate for Sumter County is the rate they use to calculate your market value.

Example: Custom Home

Both on same block (custom homes) and both paid the same price for house
Land Value = 50,000

Jasmine model effective sq. ft. is 2100 2100*137= 287700
Lantana model effective sq. ft. is 2100 2100*164= 344,400

Jasmine 287,000(building)+50,000(building) = 337,000 Market Value
Lantana 344,000(building)+50,000(building) = 394,000 Market Value

The Lantana will be paying more taxes than the Jasmine even though they paid the same price with same sq. ft.

Is that fair for all Jasmine and Lantana lumped together with custom homes? This drives up the taxes for everyone if you buy a standard home.

I found this information by asking for the Property Record Card of my house and all my neighbors. I also asked for Property Record Card for outside of The Villages where everyone in the neighbored got the same effective sq. ft.

Sumter County PA been doing this for years. I called Lake County, Volusia County and no one uses this method. There is no way a Senior can calculate their taxes when buying a Village Home. Florida Statue 193.011(3) location. All counties must follow these laws. Sumter County does follow the law for outside of The Villages but not for The Village (A Senior Community). Should the Seniors pay more taxes?? Will taxes be driven by custom homes?