[user not found] wrote: ↑Wed Oct 16, 2019 5:11 pmDesertbreh wrote: ↑Wed Oct 16, 2019 4:06 pm
All fair points except the Griffdog has been the Griffdog and he's NEVER had a garage. First @ PhiDelta Crotchgrab, then at the GF's townhouse, then at the apartment. So it's not like he's downgrading. He can get a big ass garage when he enters the Brad Bitterness Vortex.
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here's what 2.5k+ gets in my neck of the woods
https://www.zillow.com/homedetails/1260 ... 4061_zpid/
https://www.zillow.com/homedetails/1260 ... 4061_zpid/
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According to Zillow, it's ~1.4% based on past tax history. If NC is like MI, Griff's in for a surprise (as we all tend to be with our first house) when the tax reassessment comes post-purchase. Probably going to be closer to 4,500-5k. I've seen local area houses nearly double the tax bill after a sail when the house is reassessed. Hopefully NC is different.
FWIW, I still think 1.4% is cheap. We effectively pay 2% to be in similar proximity to an urban center, but our city services are the best in the area so at least it's worth something.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: ↑Thu Oct 17, 2019 7:58 amAccording to Zillow, it's ~1.4% based on past tax history. If NC is like MI, Griff's in for a surprise (as we all tend to be with our first house) when the tax reassessment comes post-purchase. Probably going to be closer to 4,500-5k. I've seen local area houses nearly double the tax bill after a sail when the house is reassessed. Hopefully NC is different.
FWIW, I still think 1.4% is cheap. We effectively pay 2% to be in similar proximity to an urban center, but our city services are the best in the area so at least it's worth something.
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I like it a lot! I'd love to find something just like this for me and Lisa and the dog. enjoy it my dude.D Griff wrote: ↑Wed Oct 16, 2019 11:07 am In4 ... we bought that house: https://www.zillow.com/homedetails/711- ... 6783_zpid/ (under contract).
It was really the only decent place we could afford in the area that's preferred. I think I'll actually enjoy the carport and it'll work for wrenching and such, but may add a garage or steel building later on, or could extend/enclose the carport.
This house has lots of epic things that I think are worth it:
-mountain biking trails in walking distance
-light rail to city in walking distance and only a few miles to downtown
-tons of nightlife, restaurants, auto parts store, pretty much everything crazy close
-epic yard
-plenty of storage for tools, bikes, etc.
-low maintenance/move in ready
Ultimately a house with a yard > townhouse for a lot of reasons and living in the sticks is not for me at this phase of life.
I don't think they reassess tax value here in a given sale, they just do it every X number of years... hopefully I'm right about that.Detroit wrote: ↑Thu Oct 17, 2019 7:58 amAccording to Zillow, it's ~1.4% based on past tax history. If NC is like MI, Griff's in for a surprise (as we all tend to be with our first house) when the tax reassessment comes post-purchase. Probably going to be closer to 4,500-5k. I've seen local area houses nearly double the tax bill after a sail when the house is reassessed. Hopefully NC is different.
FWIW, I still think 1.4% is cheap. We effectively pay 2% to be in similar proximity to an urban center, but our city services are the best in the area so at least it's worth something.
At least that is nice... but kinda crazy when you consider you're still quite far from DC. You could rent a similar place here for a similar price near the city center.MexicanYarisTK wrote: ↑Wed Oct 16, 2019 11:40 pm here's what 2.5k+ gets in my neck of the woods
https://www.zillow.com/homedetails/1260 ... 4061_zpid/
Johnny_P wrote: ↑Thu Oct 17, 2019 11:26 amI like it a lot! I'd love to find something just like this for me and Lisa and the dog. enjoy it my dude.D Griff wrote: ↑Wed Oct 16, 2019 11:07 am In4 ... we bought that house: https://www.zillow.com/homedetails/711- ... 6783_zpid/ (under contract).
It was really the only decent place we could afford in the area that's preferred. I think I'll actually enjoy the carport and it'll work for wrenching and such, but may add a garage or steel building later on, or could extend/enclose the carport.
This house has lots of epic things that I think are worth it:
-mountain biking trails in walking distance
-light rail to city in walking distance and only a few miles to downtown
-tons of nightlife, restaurants, auto parts store, pretty much everything crazy close
-epic yard
-plenty of storage for tools, bikes, etc.
-low maintenance/move in ready
Ultimately a house with a yard > townhouse for a lot of reasons and living in the sticks is not for me at this phase of life.
Just went over for the inspection. Dude said it's one of the cleanest 70s homes he's seen and everything he did find was tiny and minor. Saw the house sans staging for the first time and am pretty on it. Really does have tons of nice perks and should be very low maintenance.
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D Griff wrote: ↑Thu Oct 17, 2019 1:12 pmI don't think they reassess tax value here in a given sale, they just do it every X number of years... hopefully I'm right about that.Detroit wrote: ↑Thu Oct 17, 2019 7:58 am
According to Zillow, it's ~1.4% based on past tax history. If NC is like MI, Griff's in for a surprise (as we all tend to be with our first house) when the tax reassessment comes post-purchase. Probably going to be closer to 4,500-5k. I've seen local area houses nearly double the tax bill after a sail when the house is reassessed. Hopefully NC is different.
FWIW, I still think 1.4% is cheap. We effectively pay 2% to be in similar proximity to an urban center, but our city services are the best in the area so at least it's worth something.
Probably something you should know when you sign on the dotted line. Taxes are a non-insignificant portion of your expenses. What the current owners pay could be drastically different than what you pay. Or maybe not. You should do some homework.
Here, taxes are "reset" when there's a change in ownershit, but it takes effect the next calendar year after you buy it. I know people (myself and others) who bought a house only to have the tax bill increase by 50%+ the next year. Friends of mine bought a "cheap" house in Detroit. Previous owner was paying $2k in taxes...their tax bill was $8k. 400% increase. They were blindsided and completely changed their view of buying that house.
Hopefully NC is different, and very likely is.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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That's a good feeling.D Griff wrote: ↑Thu Oct 17, 2019 1:15 pm
Just went over for the inspection. Dude said it's one of the cleanest 70s homes he's seen and everything he did find was tiny and minor. Saw the house sans staging for the first time and am pretty on it. Really does have tons of nice perks and should be very low maintenance.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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D Griff wrote: ↑Thu Oct 17, 2019 1:15 pm
Just went over for the inspection. Dude said it's one of the cleanest 70s homes he's seen and everything he did find was tiny and minor. Saw the house sans staging for the first time and am pretty on it. Really does have tons of nice perks and should be very low maintenance.
will be this case since they last assessed it on the last sale in 2007 FOR A LOT LESS ($160k). The taxes will update after the recorded new sale price.Detroit wrote: ↑Thu Oct 17, 2019 1:19 pm
Probably something you should know when you sign on the dotted line. Taxes are a non-insignificant portion of your expenses. What the current owners pay could be drastically different than what you pay. Or maybe not. You should do some homework.
Here, taxes are "reset" when there's a change in ownershit, but it takes effect the next calendar year after you buy it.
Prolly double but still relatively low.
dubshow wrote: ↑Thu Oct 17, 2019 1:43 pmwill be this case since they last assessed it on the last sale in 2007 FOR A LOT LESS ($160k). The taxes will update after the recorded new sale price.Detroit wrote: ↑Thu Oct 17, 2019 1:19 pm
Probably something you should know when you sign on the dotted line. Taxes are a non-insignificant portion of your expenses. What the current owners pay could be drastically different than what you pay. Or maybe not. You should do some homework.
Here, taxes are "reset" when there's a change in ownershit, but it takes effect the next calendar year after you buy it.
Prolly double but still relatively low.
It's tax value is assessed at 307K, rate is around 1.1% for Mecklenburg County. I am correct, they do not assess homes after move in, it's done every eight years on a rotating cycle.
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Better triple check. It's highly unusual for municipalities to not reassess taxes at a sale
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I hope you arent taking zillow as gospel... Their info isnt always spot on. I have no experience buying a house in NC BUT the assement practices are fairly universal.
Case in point, zillow shows the same $ for taxes on a house that nearly doubled in assessed value from 2018 to 2019. But hey! Good luck just be ware and know if your taxes will increase. Not sure where the $307k assessment came from or if its even official. Just do your homework with the country griffdog.
YEAR PROPERTY TAXES TAX ASSESSMENT
2019 $2,157 $307,100(+93.4%)
2018 $2,157(+2.3%) $158,800
edit: https://mcmap.org/geoportal/#-80.8697,35.1726/property yeah. good luck !
I'll say it louder for people in the back.
If your assessed value is now $307k (says that was the 2011 value on the county site) and your prop tax rate is 1.3%, that shits gonna increase to around $4k. It looks like the entire area is about due to cash in on the increased area value, if they all are on the same rolling 8 year period.
If your assessed value is now $307k (says that was the 2011 value on the county site) and your prop tax rate is 1.3%, that shits gonna increase to around $4k. It looks like the entire area is about due to cash in on the increased area value, if they all are on the same rolling 8 year period.
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Zillow only reports what it can find in public records. I trust it exactly 0%.dubshow wrote: ↑Thu Oct 17, 2019 2:07 pm
I hope you arent taking zillow as gospel... Their info isnt always spot on. I have no experience buying a house in NC BUT the assement practices are fairly universal.
Case in point, zillow shows the same $ for taxes on a house that nearly doubled in assessed value from 2018 to 2019. But hey! Good luck just be ware and know if your taxes will increase. Not sure where the $307k assessment came from or if its even official. Just do your homework with the country griffdog.
YEAR PROPERTY TAXES TAX ASSESSMENT
2019 $2,157 $307,100(+93.4%)
2018 $2,157(+2.3%) $158,800
edit: https://mcmap.org/geoportal/#-80.8697,35.1726/property yeah. good luck !
In the case of my house, the "taxes" listed were half of what they were supposed to be because in MI taxes can only go up by the rate of inflation at most each year after you buy a house. The previous owners lived there for 30 years, so by the time they sold, they effectively paid half of what they otherwise would be paying.
I actually prefer the regular reassessment schedule. Then you don't have new buyers getting royally hosed, and those who stay put for a while sucking off the new owners. It's a little easier to buy a house with confidence in the final total cost amount too. Even if Griff's taxes do increase, it shouldn't be by more than 1-1.5k. I faced triple that over the previous owners.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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I dunno brah, I'd be more likely to listen to all of these armchair house buyers who are telling you what happened to them in states other than North Carolina.
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or spend enough time to glance at the NC county assessor's website and pull tax history to know that its prolly gonna increase from the old rate.Desertbreh wrote: ↑Thu Oct 17, 2019 2:43 pmI dunno brah, I'd be more likely to listen to all of these armchair house buyers who are telling you what happened to them in states other than North Carolina.
which isDesertbreh wrote: ↑Thu Oct 17, 2019 2:45 pm Also, Griff is going to buy this house regardless of the property tax. So
just preparing the guy with No one likes hidden sneaky tax collecting
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Property tax discussion and bitching consumes a disproportionately large amount of time on this forum.
butDesertbreh wrote: ↑Thu Oct 17, 2019 2:48 pm Property tax discussion and bitching consumes a disproportionately large amount of time on this forum.