Considering Property Taxes in Sumter County
I moved from north of 44 to south of 44 new homes. North of 44 is in the county of Wildwood and your taxes will be lower. South of 44 you will pay an additional city tax. (Municipality - Wildwood). That cost me additional $778.00 a year. I don't know which property is in the county vs City. You will have to ask the Sumter property appraisers.
Sumter County has a unique way of calculating your market value in The Villages only. They do it by the model of your home.
Here are some of the model costs south of 44.
BASE RATE Code Model
137.00 DH64 Jasmine
148.00 DH70 Begonia, Indigo
156.00 DH71 Iris, Lily, Mossy Oak
164.00 DH72 Bridgeport, Lantana, Zinnia
162.00 DH73 Woodside, Laurel Oak, IVY
149.00 DH75 Gardenia
$82.76 R5 Outside of the Villages (Beaumont Village)
You can find this information on your property record card. They do not make this information public. You can call the Sumter County at 352-569-6800 to get your property record card and other property record card. That is how I got this information.
Florida has wonderful property tax savings for permanent residents. Be sure to apply for these savings.
1. Homestead - this will reduce your assessed value by $50,000
2. Portability - if you are a Florida resident this is your Save your home benefit. They cannot raise your taxes more than 3% per year. If you lived in a Fl home and bought another Fl home, you have 3 years to move the portability to the new home. I lived in Florida for over 50 years, and I have over $200,000 in portability.
3. Senior Discount - In Sumter it will reduce your assessed value by 15,000 saving you approx. $150 per year. Note: there is an income limit for this benefit.
I am saving approx. $4000 per year on my taxes.
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