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Plan on buying a home in Elmira NY,what would be the tax $ on 2,500 sq. ft.home w/1.5 acre lot a year be? |
Plan on buying a home in Elmira NY,what would be the tax $ on 2,500 sq. ft.home w/1.5 acre lot a year be? First you have to get the mill rate for the home and know the assessed value of the home. If the assessor assess the home a 65% of value and you paid $200,000 then your assessed value would be $130,000 so take $130,000 times the mill rate, lets say 17 mills. So it would be 130,000 x 17 = 2210000 divided by 1000 = $2,210 per year Source(s): appraiser Whats the sales price? www.zillow.com |
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