Property taxes. Lake co?

[Heartnsoul]

Are the property taxes in pine hills and pine ridge more than Sumter?

[HIgolfers]

Are the property taxes in pine hills and pine ridge more than Sumter?

Yes, significantly so.

Pine Hills resident

[davem4616]

yes...but the difference isn't enough to really get excited about, and boycott buying a house that is in Lake County because of taxes is foolish

Sumter county taxes may be going up...they've been flat for a while

the difference is really short money in the total scheme of things

also, keep in mind the houses in Pine Hills and Pine Ridge are newer (so younger roofs)

it's difficult to compare apples to apples, house to house between the two counties, but we're not talking anywhere close to thousands of dollars....

If you're on a tight fixed budget, it might be a consideration, if a few hundred dollars makes a difference...but again, it's not like you're sending a kid off to college

[Garywt]

Sumter has the cheapest taxes even after the 25% increase a year or 2 ago. Marion County is a lot more so I am guessing Lake is in the middle.

[davem4616]

Sumter has the cheapest taxes even after the 25% increase a year or 2 ago. Marion County is a lot more so I am guessing Lake is in the middle.

no surprise...The Villages is most of Sumter County ....huge influx of additional homes, assessed and taxed at a nice rate....almost a boom town. And I'm not knocking that.

Seems like from what I've heard, Marion screwed up years ago when they gave the developer a difficult time when he wanted to expand in their county...and he decided to expand in Sumter

Lake County has been on the fringes...so the housing boom, hasn't had the same impact on the tax rate, as it has in Sumter....yet

[jebartle]

And there is the BOND issue.

[retiredguy123]

Are the property taxes in pine hills and pine ridge more than Sumter?
Note that Pine Hills and Pine Ridge are located in the City of Fruitland Park, which has its own line item on the tax bill. The Fruitland Park tax is about 20 percent of the Ad Valorem portion of the tax bill. There are also some Villages houses in Sumter County that are located in the City of Wildwood that pay a tax to that city.

[Babubhat]

Like being in NJ and getting stuck with Paterson or Newark in your county. Wasted taxes

[nancymiller217@yahoo.com]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.

[Luggage]

Actually Newark New Jersey has for years given a break to private homeowners to keep them in the city so please be aware when you talk about New Jersey of that. It has been said that they have not reevaluated private homes for over 50 years for value in Newark and actually Paterson is a very nice city these days

[Accidental1]

Property tax information is public record and available on each counties website. You can research and look at actual tax bills for any address.

[thevillages2013]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.

Bond significantly higher and city of Wildwood taxes correct? Or if your bond is paid in full you aren’t comparing apples to apples

[M2inOR]

Missing from this discussion are several things:
1. Purchase price of home
2. Current assessment
3. Millage rate; varies based on county and whether home is within city limits
4. Bond balance, original bond amount
5. Homestead exemption

Here in The Villages, the same identical model could have different assessment, purchase amount, and bond balance amounts.

Property taxes vary widely on the factors above. Even similar homes in the same neighborhood could have different taxes.

Here in Florida, increases in assessments are limited each year, unless voters approve new measures.

The Marion, Lake, and Sumter counties' property tax websites have a lot of detail for each and every home. For your own home, the home you may be renting, and even your neighbors home. Also, Sumter County has great detail on each and every home's construction plans at the eTrakit website.

Zillow and Realtor websites also have a lot of this info, but in lesser detail.

[JMintzer]

yes...but the difference isn't enough to really get excited about, and boycott buying a house that is in Lake County because of taxes is foolish

Sumter county taxes may be going up...they've been flat for a while

the difference is really short money in the total scheme of things

also, keep in mind the houses in Pine Hills and Pine Ridge are newer (so younger roofs)

it's difficult to compare apples to apples, house to house between the two counties, but we're not talking anywhere close to thousands of dollars....

If you're on a tight fixed budget, it might be a consideration, if a few hundred dollars makes a difference...but again, it's not like you're sending a kid off to college

Osceola Hills are even younger, but are in Sumter Co...

[JMintzer]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.

The house taxable value of the house was most likely higher and the Bond was definitely higher...

[GRACEALLEMAN]

Actually Newark New Jersey has for years given a break to private homeowners to keep them in the city so please be aware when you talk about New Jersey of that. It has been said that they have not reevaluated private homes for over 50 years for value in Newark and actually Paterson is a very nice city these days

We were at a party in NJ 20 years ago and we started talking taxes. Is shocked us how much NJ residents pay. 30 times more than what we were paying in Florida...for a house thr same size.

[Heartnsoul]

I'm not talking about NJ BUT FLA on a retired SS CHECK

[Papa_lecki]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.

Are you taking the homestead exemption on your house? This home owner may not be able to.

[VApeople]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.

Yes, the residents of the new houses in the Hammock at Fenney have to pay a tax to Wildwood, just like the people in Pine Ridge pay a tax to Fruitland Park.

In Osceola Hills, we do not pay any city tax.

[champion6]

Are the property taxes in pine hills and pine ridge more than Sumter?I did the research. Attached is a comparison of real estate taxes for all three counties.

[M2inOR]

I did the research. Attached is a comparison of real estate taxes for all three counties.

Well done!

And here is a link to the unit bond rates:

Bond Rates (https://districtgov.org/departments/Finance/amortization.aspx)

[Babubhat]

Luggage post Response is not on point. County wide tax shafts all county residents for having Newark in it.

[airdote22]

Years back Sumter county did not have impact fees but Lake & Marion did so its easy to see why The Villages when into Sumter. They then began building their political machine starting with the commissioners & One Sumter. They also recruited a mayor
from Lady Lake to move into Sumter and then got him elected as a commissioner. The rest is history!

[patfla06]

We lived in Tampa previously and we paid more than 4 times what we pay here for property taxes. Florida has many areas that do not pay low taxes.

[Bogie Shooter]

Years back Sumter county did not have impact fees but Lake & Marion did so its easy to see why The Villages when into Sumter. They then began building their political machine starting with the commissioners & One Sumter. They also recruited a mayor
from Lady Lake to move into Sumter and then got him elected as a commissioner. The rest is history!

This was beaten to death in 2021, most was just a lot of hot air..........

[vintageogauge]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.

And the house most likely costs significantly more than you paid for yours.

[Linnberg]

I did the research. Attached is a comparison of real estate taxes for all three counties.

Excellent summary/comparison.

[nancymiller217@yahoo.com]

Bond significantly higher and city of Wildwood taxes correct? Or if your bond is paid in full you aren’t comparing apples to apples

I dont remember the breakdown, only the total. But no, our bond is not paid, and even without our homeowners exemption, the Taxes on the new home home were higher.

[nancyre]

Keep another item in mind. County status one of the reasons for the Sumter increase had to do with the change from Rural to more populated. Lake County does offer services Sumter does not such as the bus from Spanish Springs to Leesburg (transportation). Additional homes will be built in Lake County in the future with the land buy from Leesburg. Consider all your options and do your research. https://www.floridahealth.gov/programs-and-services/community-health/rural-health/_documents/ruralcountiespdf.12.pdf

[Luggage]

We were at a party in NJ 20 years ago and we started talking taxes. Is shocked us how much NJ residents pay. 30 times more than what we were paying in Florida...for a house thr same size.
I can tell you for sure that there are about 850 different property taxes in New Jersey because there are 850 plus different townships tax according to their needs for the schools. Some cities have very low property taxes because they have a very large amount of seniors and few children but overall yes New Jersey taxes are higher but as an example I can tell you what house in Toms River was about five thousand a year and my sister up in Fairlawn same size house what is about 13 thousand a year at the time both were apppraised roughly the same. New Jersey has a lot more taxes including a much higher sales taxes but do not tax food or clothing there are a lot of differences also in pay scale of the teachers probably 200% more as well as what they pay their politicians and general workers Plus you do have a certain value of living near New York City Philadelphia Etc that people love

[Dlbonivich]

Pine hills and Pine ridge also have city tax from Fruitland Park. So do the homes south of 44 from Wildwood. Lake is also higher for county taxes. The cities figured they needed to get their share

[retiredguy123]

I live in Pine Ridge. Lake County. A couple of months ago we stopped at an open house for a new home in Hammock at Fenney. Sumter County. Same model as our home, similarly equipped. The realtor had a sheet out with the estimated taxes and bond out on the counter. It was significantly more than we currently pay.
When buying a new house, I don't think the "estimated" taxes from the real estate agent is going to be very accurate. The actual sale price could change the tax bill significantly.

[merrymini]

Sumter taxes went up about 24% a couple of years ago, for those who hadn’t noticed. NJ does tax fur clothing, accessories, sport and recreational equipment.

[Lindaws]

Probably, because you also pay city taxes

[Cp445]

Those two areas are tied to county tax plus their respective city tax where as s parts of Sumter are only county tax

[mkjelenbaas]

Are the property taxes in pine hills and pine ridge more than Sumter?
Yes because you also pay Fruitland Park taxes!

[brabz]

If your buying a house in sumter county look at the model you are buying. They charge a higher square footage cost depending on your model. Look at your record and look for BLDG Use- DH72 model will get assessed about $25,000 more than a DH71.(depending on price) Lake county does not charge a different sq. ft. per model. I have a copy of the record cards of different models. 2 years ago it was public info. If you would like a copy.

[HIgolfers]

Are the property taxes in pine hills and pine ridge more than Sumter?

yes...but the difference isn't enough to really get excited about, and boycott buying a house that is in Lake County because of taxes is foolish

Sumter county taxes may be going up...they've been flat for a while

the difference is really short money in the total scheme of things

also, keep in mind the houses in Pine Hills and Pine Ridge are newer (so younger roofs)

it's difficult to compare apples to apples, house to house between the two counties, but we're not talking anywhere close to thousands of dollars....

If you're on a tight fixed budget, it might be a consideration, if a few hundred dollars makes a difference...but again, it's not like you're sending a kid off to college

“The difference isn’t enough to really get excited about”. Well if you don’t think a $1500 difference is not significant then I guess you’re right! Using the mileage rates from post 20 for a $300,000 house Lake County taxes (not even including the Fruitland Park portion) would be at least $1500 more per year than same house in Sumter county.

I’m not complaining about my taxes (so please don’t tell me about taxes in NJ, NY or some other northern locale), I’m just trying to answer OP’s question.

[Indy-Guy]

Below is some more information about property tax's in Florida.

HOW DO PROPERTY TAX CAPS WORK IN FLORIDA?
signing paperwork
The Save Our Homes property tax cap is an amendment to the Florida constitution that limits the annual increase in the tax assessment of homestead property to a maximum of 3% of the prior year’s assessment; and its purpose is to encourage the preservation of homestead property and to ensure that Floridians will not lose their homes on the tax block because of rising values of property in Florida. The Florida Constitution was amended effective January 1, 1995, to limit annual increases in assessed value of property with Homestead Exemption to three percent (3%) or the change in the Consumer Price Index, whichever is lower. A change in property ownership will effectively “reset” the Capped Value to full market value. It is important to know that property taxes will increase the next year as the assessed value must be adjusted to equal the current market value. The increase due to the removal of the Cap may double or even triple taxes, depending on how long the previous owner had homestead exemption.

[TNLAKEPANDA]

Florida is no longer a great place to retire if you consider Property Tax in the cost. Warmer weather cost more.

[JMintzer]

Florida is no longer a great place to retire if you consider Property Tax in the cost. Warmer weather cost more.

That depends on where you're retiring from...

[patfla06]

There are parts of Sumter where the millage rate is 4 pts. Higher due to the City of Wildwood. I think this includes all of Section 4, South of 44.