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Old 03-04-2007, 03:41 PM
 
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Anyone have any idea what those might be a year in the Naples area for a 200 to 250k house or condo? I was trying to get a ball park figure what monthly costs might be.
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Old 03-04-2007, 04:30 PM
 
Location: Miami
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A rule of thumb on property taxes is 2% of sale price. So on a $200-250K that would put it between $4,000 and $5,000 dollars a year.
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Old 03-04-2007, 08:53 PM
 
Location: Living in Paradise
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See below for info from county:

Before the amount of property tax for your property can be determined, it is necessary to know the amount of money to be spent by the local government for one year (the budget) and the total assessed value for all properties on the assessment roll. Public Schools, Water Management, Mosquito Control, City and County governments are examples of different taxing authorities within our local government.

To figure the tax rate, let's assume the budget for all of the taxing authorities combined is 450 million dollars for the fiscal year. Let's also assume the total assessed value for all properties is 30 billion dollars.

The budget, (less anticipated revenues from sources other than the property tax,) is divided by the assessed value, (less exempt property,) to obtain the tax rate. (450,000,000 / 30,000,000,000 = 0.015). This result may be expressed as a 1.5 percent tax rate applied to taxable value.

The tax bill for individual property is calculated by multiplying the taxable value of the property by the tax rate. Let's assume the market value of our property is 100,000. A Homestead Exemption of 25,000 was granted which reduces the value to 75,000.

Consequently, the total taxes levied in our example would be calculated as follows:

75,000 x .015 = 1,125

The tax liability for this particular property owner would be $1,125 towards the fiscal budget of 450 million.

Tax bills are mailed out around the first of November and become due and payable to the Tax Collector without penalty by March 31st. A 4% discount is offered for an early payment in November. The discount reduces by 1% each month until March 1st - March 31st when the full amount becomes due.

http://www.collierappraiser.com/MainProperty.asp
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