On 2/27/2021 9:33 AM, Cindy Hamilton wrote:
> On Saturday, February 27, 2021 at 8:26:10 AM UTC-5, Gary wrote:
>> On 2/26/2021 9:57 PM, Ed Pawlowski wrote:
>>> After her husband died, a few years later she demolished the ocean front
>>> property rebuilt about 4 years ago. Four bedrooms, for kids and
>>> grandkids. Now that we are both alone, we spend some time there
>>> together. She does not want to live there year round though.
>>>
>>> Taxes alone are $30k a year. You pay for the view.
>> That's so crazy too. You own the property yet you're charged $30K a year
>> for property tax. Get outta here.
>>
>> Same thing with North Beach here. Property taxes are unbelievable.
>
> What are the property tax rates? What are the assessed values?
>
> Ann Arbor tax rates (50.4649 mills) are higher than those outside the
> city limits (40.4869 for my location). The property values are substantially
> higher ($202 per square foot inside the city, compared with $87 - $162
> outside the city). The result is a much higher tax bill.
>
> That's one of several reasons I live outside the city limits.
>
> However, everybody who pays those outrageous Ann Arbor prices
> thinks it's worth it. Or they wouldn't live there.
>
> Cindy Hamilton
>
No idea of the rate but the property value is north of $2.5 Million. It
is a very nice 2200 sq. ft. Did I mention the elevator?