November 20, 2008 For More Information Call
Toll Free - 877-858-5003
Orlando Local - 407-275-4488
Tampa Local - 813-493-2272
info@floridahomes-info.com
HOME TAMPA NEW HOMES SEARCH MLS FORECLOSURES MORTGAGES AREA INFO ABOUT US CONTACT US

Search for Your New Home Today!

Area
Bedrooms Baths
Min PriceMax Price
 Per Page

FEATURED HOMES


$324,900


$191,900


$200,000


$474,900


$5,000,000


$249,000


$180,000


$365,000


$4,000,000


$349,900

 You are here: Home > Finance > Tax Estimator

Following are several links that will provide valuable information on the Tampa and surrounding county areas in addition to the information on this page:

Property Tax Estimator

Formula to estimate the annual ad valorem property taxes is as follows:


Property Sales Price times 90% (0.90) = Estimated Assessed Value
Estimated Assessed Value less $25,000* = Estimated Taxable Value
Estimated Taxable Value times Millage Rate = Estimated Property Tax
Example: Property with a $300,000 Sales Price in Pasco County
$300,000 x 90% (0.90) = $270,000 Estimated Assessed Value
$270,000 - $25,000 = $245,000 Estimated Taxable Value
$245,000 x 0.018 = $4,410 Estimated Property Tax

The millage rate varies depending on where the property is located. Averages by county are as follows (please check with the respective tax collector’s office for the exact millage rate for a specific property):
Hillsborough County$24 per $1,000 of the taxable value (0.024)
Pasco County$18 per $1,000 of the taxable value (0.018)
Pinellas County$24 per $1,000 of the taxable value (0.024)
Hernando County$18 per $1,000 of the taxable value (0.018)
Polk County$16 per $1,000 of the taxable value (0.016)
Manatee County$16 per $1,000 of the taxable value (0.016)
Sarasota County$14 per $1,000 of the taxable value (0.014)

* If the home is your primary residence and you do not own any other homesteaded property, you can apply for the $25,000 Homestead Exemption. This exemption exempts the first $25,000 of the assessed value of your home from property taxes.

This property tax estimator is for information purposes only. Many factors may affect the actual property tax bill.

Copyright © FloridaHomes-Info.com 2008. All Rights Reserved.

Florida Homes Realty Professional Group
412 Lake Howell Rd, Suite 106
Maitland, FL 32751

 Tampa MLS   Tampa Relocation   

Resources
Blog

DISCLAIMER: All information provided through this site is deemed reliable but is not guaranteed and should be independently verified. Please note that prices are subject to change without notice.