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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Real Estate Tax Bill and Home Insurance (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/real-estate-tax-bill-home-insurance-276391/)

Madelaine Amee 11-04-2018 03:54 PM

Real Estate Tax Bill and Home Insurance
 
Got our Real Estate Tax and Home Insurance Bill this week. Unpleasant surprise, both increased by more than expected.

skip0358 11-04-2018 04:06 PM

Sumter about the same as last year !

retiredguy123 11-04-2018 04:50 PM

Quote:

Originally Posted by Madelaine Amee (Post 1596092)
Got our Real Estate Tax and Home Insurance Bill this week. Unpleasant surprise, both increased by more than expected.

Next year, expect them to double, and then you will be pleasantly surprised.

Madelaine Amee 11-04-2018 04:52 PM

Quote:

Originally Posted by skip0358 (Post 1596097)
Sumter about the same as last year !

I'm in Sumter and mine went way up.

New Englander 11-04-2018 04:57 PM

Mine went down $477.32
(Homestead Exemption Granted) :coolsmiley:
Sumter

vintageogauge 11-04-2018 05:52 PM

This is our first tax bill and it's just what we were told it would be when we purchased our home in Fenney, half of what we were paying up north and that includes the bond and maintenance. Quite happy with it.

JSR22 11-04-2018 05:55 PM

Tax Bill
 
Quote:

Originally Posted by vintageogauge (Post 1596149)
This is our first tax bill and it's just what we were told it would be when we purchased our home in Fenney, half of what we were paying up north and that includes the bond and maintenance. Quite happy with it.

Ours is 1/3 of what we were paying in NJ 6 years ago!

bagboy 11-04-2018 08:02 PM

Our total tax bill was $8.00 less than last year.

CWGUY 11-04-2018 08:31 PM

Our TAX BILL was just slightly higher - Maintenance Cost in the Non-Ad Valorem Section went up 12%. Taxes went down $4 and change.

:ho:

SouthOfTheBorder 11-04-2018 08:50 PM

Quote:

Originally Posted by retiredguy123 (Post 1596129)
Next year, expect them to double, and then you will be pleasantly surprised.

Do you have any factual basis for that comment or is it just a joke? :icon_wink:

Thanks,
Don

retiredguy123 11-04-2018 09:09 PM

Quote:

Originally Posted by SouthOfTheBorder (Post 1596239)
Do you have any factual basis for that comment or is it just a joke? :icon_wink:

Thanks,
Don

It was a joke.

manaboutown 11-04-2018 09:28 PM

Quote:

Originally Posted by Madelaine Amee (Post 1596092)
Got our Real Estate Tax and Home Insurance Bill this week. Unpleasant surprise, both increased by more than expected.

Perhaps mistakes were made. Check them out!

Appeal if necessary.

rde3036 11-05-2018 07:43 AM

This year my Florida property taxes are $3376. My property taxes actually dropped by by $63 this year compared to last year.

The last year I lived in NY State (2012) my income and property taxes totaled $17,000. I should have moved to Florida much earlier!!!

SKIMAN 11-05-2018 07:48 AM

live here in Sumter county mine went down $10 from last year. been here over 6 years has gone down every year lived in Connecticut never had a year that it didn't go up. I'll take it.

Carla B 11-05-2018 07:49 AM

Quote:

Originally Posted by rde3036 (Post 1596306)
This year my Florida property taxes are $3376. My property taxes actually dropped by by $63 this year compared to last year.

The last year I lived in NY State (2012) my income and property taxes totaled $17,000. I should have moved to Florida much earlier!!!

It kind of makes up for the bad pizza, doesn't it?

villagetinker 11-05-2018 08:30 AM

OP, is this your first year here, if so, the previous tax bill may have been on an unimproved lot, now there is a house on it. Other possibility, you did a major improvement (pool, birdcage, enclosed lanai, etc.) causing the increase. Ours (Sumter County) was very close to last years, slightly lower I think. As pointed out above, if there were no changes in the property from last year, call the county and ask why.

CWGUY 11-05-2018 08:54 AM

Quote:

Originally Posted by villagetinker (Post 1596329)
OP, is this your first year here, if so, the previous tax bill may have been on an unimproved lot, now there is a house on it. Other possibility, you did a major improvement (pool, birdcage, enclosed lanai, etc.) causing the increase. Ours (Sumter County) was very close to last years, slightly lower I think. As pointed out above, if there were no changes in the property from last year, call the county and ask why.

I agree. Also check on your tax bill to see what your Maintenance went up in the Non Ad Valorem section. I think it was District 4 that took a big hit. ( Not in Sumter Co.) Let us know. :ho:

BK001 11-05-2018 09:14 AM

If you haven't done so, you need to back out the Bond Assessment to compare apples to apples.

Madelaine Amee 11-05-2018 09:39 AM

Been here 12 yrs. Tax bill is up $400+.

I will bring all suggestions to the accountant in the house, thanks.

Madelaine Amee 11-05-2018 09:57 AM

Well I did indeed take your advice and called the Tax Office and they were really helpful and very pleasant to deal with. So the real story is the Tax Bill went up $20 in total and the reason given is Assessed value of property is up $5,000 (that's a big old yoohoo more value in the property when we wish to sell), and The Villages Special Assessment Amendments was an additional $40 for storm damage.

It looks like I need a new accountant!!:) BUT I DID LEARN SOMETHING FROM THIS .... CALL TO FIND OUT WHAT IS GOING ON BEFORE HAVING A HISSY FIT.

MY THANKS TO ALL

rustyp 11-05-2018 10:24 AM

Quote:

Originally Posted by Madelaine Amee (Post 1596363)
Well I did indeed take your advice and called the Tax Office and they were really helpful and very pleasant to deal with. So the real story is the Tax Bill went up $20 in total and the reason given is Assessed value of property is up $5,000 (that's a big old yoohoo more value in the property when we wish to sell), and The Villages Special Assessment Amendments was an additional $40 for storm damage.

It looks like I need a new accountant!!:) BUT I DID LEARN SOMETHING FROM THIS .... CALL TO FIND OUT WHAT IS GOING ON BEFORE HAVING A HISSY FIT.

MY THANKS TO ALL

////

pauld315 11-05-2018 11:27 AM

Our taxes increased 200 dollars, the assessed value of our house increased 24000 dollars. This is in Sumter County (not in the Wildwood part of Sumter)

New Englander 11-05-2018 11:45 AM

Quote:

Originally Posted by Carla B (Post 1596310)
It kind of makes up for the bad pizza, doesn't it?

:1rotfl:

CWGUY 11-05-2018 12:01 PM

Quote:

Originally Posted by Madelaine Amee (Post 1596363)
Well I did indeed take your advice and called the Tax Office and they were really helpful and very pleasant to deal with. So the real story is the Tax Bill went up $20 in total and the reason given is Assessed value of property is up $5,000 (that's a big old yoohoo more value in the property when we wish to sell), and The Villages Special Assessment Amendments was an additional $40 for storm damage.

It looks like I need a new accountant!!:) BUT I DID LEARN SOMETHING FROM THIS .... CALL TO FIND OUT WHAT IS GOING ON BEFORE HAVING A HISSY FIT.

MY THANKS TO ALL

:confused: Very confused. The millage rate is 5.3365 in Sumter. Your assessment went up $5000 ......... equals a $26.68 increase.
And what the devil is "The Villages Special Assessment Amendments"? Under Non-Ad Valorum you have 3 things -
Fire, Maint. and Bond. Do you have something else?

In post #19 you said "Tax bill is up $400+."
Was that a mistake?

Madelaine Amee 11-05-2018 12:16 PM

Quote:

Originally Posted by CWGUY (Post 1596400)
:confused: Very confused. The millage rate is 5.3365 in Sumter. Your assessment went up $5000 ......... equals a $26.68 increase.
And what the devil is "The Villages Special Assessment Amendments"? Under Non-Ad Valorum you have 3 things -
Fire, Maint. and Bond. Do you have something else?

In post #19 you said "Tax bill is up $400+."
Was that a mistake?

It certainly was thank goodness! Someone, who shall be nameless, misread the bill!

Special assessment this year is storm damage and sink hole damage in our area of TV.

Topspinmo 11-05-2018 11:58 PM

Quote:

Originally Posted by Madelaine Amee (Post 1596363)
Well I did indeed take your advice and called the Tax Office and they were really helpful and very pleasant to deal with. So the real story is the Tax Bill went up $20 in total and the reason given is Assessed value of property is up $5,000 (that's a big old yoohoo more value in the property when we wish to sell), and The Villages Special Assessment Amendments was an additional $40 for storm damage.

It looks like I need a new accountant!!:) BUT I DID LEARN SOMETHING FROM THIS .... CALL TO FIND OUT WHAT IS GOING ON BEFORE HAVING A HISSY FIT.

MY THANKS TO ALL


Just cause the assess it higher don’t mean you’ll get that price when selling. Then, maybe you’ll get more?

Topspinmo 11-06-2018 12:00 AM

Quote:

Originally Posted by pauld315 (Post 1596389)
Our taxes increased 200 dollars, the assessed value of our house increased 24000 dollars. This is in Sumter County (not in the Wildwood part of Sumter)

The more they assess the more they get in taxes.

Goldwingnut 11-06-2018 06:22 AM

Quote:

Originally Posted by Topspinmo (Post 1596527)
The more they assess the more they get in taxes.

True, but don't forget about the Save Our Homes act here in Florida which for FL residents limits the year-over-year increase to 3% for appreciated value increases. It can go up more if they raise the millage rate or add additional assessments. For Sumter County the millage rate has been at or below the rollback rate for the past 14 years.


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