Temeku, how much of the taxes in morgan are not based on value? I’m looking at some and trying to figure my potential tax bill. I remember when they first opened the first tract they quoted me 2.4%, then at peak they said 1.7 or 1.8, which is because the price was double so the percentage is irrlevent because of some of the non value tax items there.
I saw one come up today, sold in 2005 for 575, assessed at 589 in 2007 and the tax bill was $9250.
It’s listed for 309k, I know that if I bought it for half the assessed my tax bill wont be half of the 9250 because a couple grand of that bill is per lot not value based but how much? Realtors use percentages but in these drastic value changes those are irrelevent.
The lot back yard was never done and it’s kinda too big of a lot for me (which is why I am posting it) but what are your thoughts on this one and or this tract.
