[VApeople]

Originally Posted by CWGUY

On sumterpa.com you can pull up every tax bill in Sumter Co. and see the tax, bond, and bond maint.

I looked at that web site and I have no idea how to use it.

I found a resale house on the computer and it listed the address as 2916 Braddy Court, so I thought I would use the sumterpa web site to see exactly how much they pay in taxes and CDD maintenance. Can you help me?

[VApeople]

Originally Posted by TVMayor

2016 Residential Impact Fees, Lake County

Effective January 11, 2016.
$10,602.00+


https://www.lakecountyfl.gov/departm..._schedule.aspx

On their website, it said this fee is paid when the building permit is issued. If we buy an existing new house, does that mean the fee has already been paid and it is included in the price of the house?

[outahere]

Originally Posted by VApeople

I looked at that web site and I have no idea how to use it.

I found a resale house on the computer and it listed the address as 2916 Braddy Court, so I thought I would use the sumterpa web site to see exactly how much they pay in taxes and CDD maintenance. Can you help me?

Go to sumterpa.com and click on Record Search, then Property Record Search. Enter the address (leave off the court part), then click on Run Search. It will bring up the record, then click on Retrieve Tax Record in the upper right corner, and it will display what you're looking for.

Hope that helps.

[CWGUY]

Originally Posted by VApeople

I looked at that web site and I have no idea how to use it.

I found a resale house on the computer and it listed the address as 2916 Braddy Court, so I thought I would use the sumterpa web site to see exactly how much they pay in taxes and CDD maintenance. Can you help me?

Tax $3374.08

Unit 176 Bond $1753.34

Maint. $777.00

2015 Taxes not paid

https://sumter.county-taxes.com/publ...5/bills/705323

[TVMayor]

Originally Posted by VApeople

On their website, it said this fee is paid when the building permit is issued. If we buy an existing new house, does that mean the fee has already been paid and it is included in the price of the house?

Yes, however if you buy on the historical side one of the new homes that have replaced an old home you would pay a price that would be determined by the increase in amount square feet of the new home.

Upgrade from Mobile Home to Site-built Single Family Residence depends on square footage approximate cost $3,790.00.

See bottom of web page.

[RickeyD]

Originally Posted by VApeople

On their website, it said this fee is paid when the building permit is issued. If we buy an existing new house, does that mean the fee has already been paid and it is included in the price of the house?

If this in fact is a new house you are purchasing through the Villages they will pass this impact fee unto you at closing. Go to any sales office and talk with someone.

[VApeople]

Originally Posted by outahere

Go to sumterpa.com and click on Record Search, then Property Record Search. Enter the address (leave off the court part), then click on Run Search. It will bring up the record, then click on Retrieve Tax Record in the upper right corner, and it will display what you're looking for.

Hope that helps.

Thank you very much! I followed your directions and found what I wanted.

[VApeople]

Originally Posted by CWGUY

Tax $3374.08

Unit 176 Bond $1753.34

Maint. $777.00

2015 Taxes not paid

Since the house sold for $278K in 2013, the taxes seem very reasonable, but a yearly bond payment of $1753 seems very high. Maybe they had arranged to pay it off in ten years.

[VApeople]

Originally Posted by RickeyD

If this in fact is a new house you are purchasing through the Villages they will pass this impact fee unto you at closing. Go to any sales office and talk with someone.

That makes sense, but I hope they warn the buyers about this $11K fee before closing. Thanks for the warning.

[RickeyD]

Originally Posted by VApeople

That makes sense, but I hope they warn the buyers about this $11K fee before closing. Thanks for the warning.

No warning, just a line entry on the closing statement.

[Bogie Shooter]

Doesn't the Lake county impact fee replace the bond in other counties?

[VApeople]

Originally Posted by Bogie Shooter

Doesn't the Lake county impact fee replace the bond in other counties?

No, I don't think so.

I think the Residential Impact Fee is this:

https://www.lakecountyfl.gov/departm...fee_facts.aspx


The Bond or Development District Assessment is this:

Residential Bond Assessment Information

Both are a one time payment. The impact fee is about $11K and the Bond is about 6% of the value of the house. At least that is how I understand it, as we sit here in our snow-bound house in Virginia.

[CWGUY]

Originally Posted by VApeople

Since the house sold for $278K in 2013, the taxes seem very reasonable, but a yearly bond payment of $1753 seems very high. Maybe they had arranged to pay it off in ten years.

Can't do that.

It's $21,000 at close to 6% for 30 years. You can pay it off in full at any time.

http://www.districtgov.org/departmen...Unit%20176.pdf

[CWGUY]

Originally Posted by VApeople

No, I don't think so.

I think the Residential Impact Fee is this:

https://www.lakecountyfl.gov/departm...fee_facts.aspx


The Bond or Development District Assessment is this:

Residential Bond Assessment Information

Both are a one time payment. The impact fee is about $11K and the Bond is about 6% of the value of the house. At least that is how I understand it, as we sit here in our snow-bound house in Virginia.

All Lake Co. Bonds - Lake County Amortization Schedules

[CWGUY]

Sit down before looking at unit 31

http://www.districtgov.org/departmen...0Unit%2031.pdf