You added a 960 sq ft garage.
Don’t they just tax the value of the addition? I was expecting 1% of the $60,000 value placed on the garage.
I pay about that amount in mortgage cost. Holy fook!
Did your area pass any recent propositions that impacted your property taxes lately? A few years ago our area decided schools actually needed to be painted and maintained, and they wasted all the allocated money on payroll and benefits….so all the idiots voted for it, and our property taxes jumped a good 15% or so.
Sounds like your property may have been reassessed at its current value?
There’s a bunch of additional costs listed on the bill. Water, sewer, fire dept, schools, etc, but I don’t know for sure if anything was assessed.
Assessed value is $1,247,000, so $15,647 property tax for the year sounds high, doesn’t it?
1% of assessed value plus "voted indebtedness" so it sounds about right.
That would get his entire property reassessed. I was gonna add one but that kept me from doing so.
My bad, I read it was 3000$, and jumped to 15,645$…
Yea no shit. Fuck California.
It was $12,600 last year and jumped $3000 this year to $15,647.
I believe it goes up about 100 bucks in California
To my understanding, the value should only increase by the stated value of the addition. They should not reassess your entire property for an addition.
Look at last years bill and look at the true assessed value and see what THAT increase was.
That was my thought too. I was expecting a $600 increase for the year. 1% of $60,000 for the garage cost.
You were obviously looking for the homeless. You can only see them when you’re trying to.
Wife’s looking for it now.
No. Not at all.
Appeal it. Don't wait, start the process now.
This.
Thats not my understanding my understanding you pull a permit your whole prperty gets reassessed.
You say that like it’s a bad thing.
What defines a 'New Construction.' My understanding was a tear down and 'New Construction.'
I've built a bunch of these now both as a part of new construction , and detached on the property. We are in SLO county, but there are tons of links stating the opposite, and I haven't heard any horror stories about re assessment. Most of what I build start with a tear down, and that square footage of the old existing is deducted from the new square footage with the land assessment remaining the same. I tore my primary res down in 04' to build a new one and my taxes are still reasonably low considering. One of my buddies just built a 2,000 ft house outside of Dallas valued at about 675K and his taxes are way over double what mine are 1 street from the beach. It's the bonds and subbed out fire services etc that add on more than the slight increase allowed by prop 13-
sbcbuild.com
In many cases these days , the "leave a wall" is just to keep a pre existing / non conforming element of the structure, or more importantly at the coast preserve the footprint as it relates to "bluff setback" or other footholds which would be larger and / or trigger more permitting, with more coastal commission crap in a total tear down.
You're paying 1.25% on the money. I'm paying $1.3%. Assessed value of $733K, $9600/year.
I thought that’s what Lotto is for.
I was told (back in 2008 when I put roof back up over my 3x8' side porch and code enforcement caught me) that the property would be reassessed when adding square footage...not when doing repairs.
I’m pretty certain solar has an exemption in CA. Google it and it says there’s an exemption for it. I’m about to find out personally. I just got my PTO on my solar on Friday evening and switched it online Saturday morning.
Good thing have a small AZ house that in more than I pay for the whole year. Mine were $1050 this year.
This is the part where we go be poor somewhere else. That's right about my yearly tax bill.
You’re gonna love solar. My normal September SCE bill is $500-$600. This September with a 27 panel system, my bill was $10.59.
How much did that solar system cost?
$47,000 ish, it’s $178 a month, zero down, at 3. 1/2% interest. We get a $15,000 ish tax credit in April when we do our taxes. That tax credit has to be applied to the loan to keep the payment at $178 a month. If not, it goes to $250 ish a month. It’s for 25 years.
