Property taxes. Lake co? Property taxes. Lake co? - Talk of The Villages Florida

Property taxes. Lake co?

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Old 02-18-2022, 07:47 PM
Heartnsoul Heartnsoul is offline
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Default Property taxes. Lake co?

Are the property taxes in pine hills and pine ridge more than Sumter?
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Old 02-18-2022, 07:54 PM
HIgolfers HIgolfers is offline
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Are the property taxes in pine hills and pine ridge more than Sumter?
Yes, significantly so.

Pine Hills resident
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Old 02-18-2022, 10:55 PM
davem4616 davem4616 is offline
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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

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Old 02-18-2022, 11:16 PM
Garywt Garywt is offline
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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.
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Old 02-18-2022, 11:30 PM
davem4616 davem4616 is offline
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Originally Posted by Garywt View Post
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
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Old 02-18-2022, 11:56 PM
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And there is the BOND issue.
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Old 02-19-2022, 12:05 AM
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Quote:
Originally Posted by Heartnsoul View Post
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.
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Old 02-19-2022, 06:29 AM
Babubhat Babubhat is offline
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Like being in NJ and getting stuck with Paterson or Newark in your county. Wasted taxes
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Old 02-19-2022, 06:30 AM
nancymiller217@yahoo.com nancymiller217@yahoo.com is offline
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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.
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Old 02-19-2022, 06:55 AM
Luggage Luggage is offline
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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
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Old 02-19-2022, 07:07 AM
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Property tax information is public record and available on each counties website. You can research and look at actual tax bills for any address.
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Old 02-19-2022, 07:11 AM
thevillages2013 thevillages2013 is offline
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Quote:
Originally Posted by nancymiller217@yahoo.com View Post
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

Last edited by thevillages2013; 02-19-2022 at 07:13 AM. Reason: +
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Old 02-19-2022, 07:37 AM
M2inOR M2inOR is offline
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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.
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Old 02-19-2022, 07:39 AM
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Quote:
Originally Posted by davem4616 View Post
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...
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Old 02-19-2022, 07:41 AM
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Quote:
Originally Posted by nancymiller217@yahoo.com View Post
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...
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