Notices

Waterfront property

Old 11-27-2020, 12:33 PM
  #31  
Registered
 
Join Date: Jun 2016
Location: Hartwell, Ga
Posts: 190
Received 48 Likes on 21 Posts
Default

Here is a nice house on great water taxes 1400 a year 610 Whippoorwill Cir Lavonia, GA 30553 | Georgia MLS
outta control is offline  
Old 11-27-2020, 01:06 PM
  #32  
Registered
 
Join Date: Jun 2005
Posts: 10,976
Received 368 Likes on 203 Posts
Default

Originally Posted by outta control View Post
Here is a nice house on great water taxes 1400 a year 610 Whippoorwill Cir Lavonia, GA 30553 | Georgia MLS

I'd bet the tax number is wrong, that was based on the empty lot from last year. Being a new build they will appraise the land AND the new house this year so it will jump.

Neat build but no way would I pay 670K for what looks like a tiny cabin from the street.
Jupiter Sunsation is offline  
Old 11-27-2020, 03:22 PM
  #33  
Registered
 
Join Date: Jan 2006
Location: St. Pete Beach, FL
Posts: 2,967
Received 211 Likes on 129 Posts
Default

Originally Posted by Jupiter Sunsation View Post
Sadly you are 15-20 years late on nice waterfront homes at the 500-700K price point in SE Florida. Today a teardown would sell for 1mm+ in a great waterfront area.
You canít get anything desirable from pass a grill to Clearwater beach for that. You can if you go further north or south though.
hogie roll is offline  
Old 11-27-2020, 03:28 PM
  #34  
Registered
 
Join Date: Jan 2001
Location: Toms River NJ
Posts: 2,626
Received 2 Likes on 2 Posts
Default

Originally Posted by TYPHOON View Post
In NJ we have a lot of homes in the 500-700 range with water behind the homes. They are not mansions but 3 bdr. 2 bath 1800SQ' homes. Our biggest problem is the taxes start at $8K and up. That's a lot of tax money for a secondary home. Its not as painful paying down the mortgage payment but just tossing away the tax money with no kids in school just kills me. Maybe I'm just cheep.
Randy, your exactly right about NJ property tax. I just sold my house, I'm going from 4br, 3bath ($10,000.00 in prop tax) To a 2br 1 bath. Both on water, however the smaller house is "only" $6,500 yr for taxes.


Last edited by Fast Shafts; 11-27-2020 at 03:33 PM.
Fast Shafts is offline  
Old 11-27-2020, 05:03 PM
  #35  
Mod Squad Enforcer
Charter Member
 
Cash Bar's Avatar
 
Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,784
Received 424 Likes on 142 Posts
Default

Taxes at LOTO are very inexpensive. Under $5kk seems common for homes nearing $1mm in value. Individual cities in the lake area do vary.
__________________
Your OSO connection to great S. Florida Real Estate.
www.gregsellswaterfront.com
Cash Bar is online now  
Old 11-27-2020, 09:01 PM
  #36  
Registered
 
bajaholic's Avatar
 
Join Date: May 2006
Location: 20.5 mm LOTO
Posts: 853
Received 125 Likes on 57 Posts
Default

Here is a picture of my home @ LOTO . My taxes for 2020 are $2200. We are 2nd tier, and my house is worth about 600K (3200 sq ft w/ 32 x 40 attached garage)

Our old house was on the water in Porto Cima https://www.zillow.com/homedetails/7...18021221_zpid/ The taxes when we sold it 4 years ago were $4000

Here is the kicker about LOTO. Our market is flat out on fire. Current listing time to sale is 72 hours w/multiple offers. Who knows what the election is going to change things but for right now, it is a sellers market. That being said, you still get WAY more house for the money than most places in the states. And... well, our lake certainly is a Mecca for Performance boating! I may be prejudiced, but in my opinion, it doesn't get any better.

Inside looking out:



Last edited by bajaholic; 11-27-2020 at 09:08 PM.
bajaholic is offline  
The following 8 users liked this post by bajaholic:
dykstra (11-28-2020), Eddienel (11-28-2020), gmhdfan (11-28-2020), ICDEDPPL (11-29-2020), kjm5125 (11-28-2020), KNOT-RIGHT (11-30-2020), Perfect Storm (11-27-2020), tbanzer (11-30-2020)
Old 11-28-2020, 02:46 AM
  #37  
Charter Member # 55
Charter Member
 
Griff's Avatar
 
Join Date: Oct 2000
Location: Omaha
Posts: 18,545
Received 867 Likes on 440 Posts
Default

Originally Posted by ICDEDPPL View Post
the taxes ($10k) on this 2.5 million house are the same I pay on a house thats $350k in Illinois, and I can`t send my kids to the schools because they`re **** , so that`s another $11K for schools
omg . I hate this state .Democrat hell.
Our property taxes in NE are not much better. We are 2-3% of value depending on what city limit or housing addition you live in. Fortunately, the schools in the suburbs are all very good and that is where over half of the property taxes $$ go.
Griff is offline  
Old 11-28-2020, 09:21 AM
  #38  
Registered
 
Join Date: Jun 2005
Posts: 10,976
Received 368 Likes on 203 Posts
Default

Originally Posted by bajaholic View Post
Here is a picture of my home @ LOTO . My taxes for 2020 are $2200. We are 2nd tier, and my house is worth about 600K (3200 sq ft w/ 32 x 40 attached garage)

Our old house was on the water in Porto Cima https://www.zillow.com/homedetails/7...18021221_zpid/ The taxes when we sold it 4 years ago were $4000

Here is the kicker about LOTO. Our market is flat out on fire. Current listing time to sale is 72 hours w/multiple offers. Who knows what the election is going to change things but for right now, it is a sellers market. That being said, you still get WAY more house for the money than most places in the states. And... well, our lake certainly is a Mecca for Performance boating! I may be prejudiced, but in my opinion, it doesn't get any better.

Inside looking out:

You have a great house! I would agree LOTO is the strongest area for performance boating. I saw a Fountain 27 about a month ago, haven't seen a performance I/O since in S Florida.

What does 2nd tier mean?
Jupiter Sunsation is offline  
Old 11-28-2020, 10:07 AM
  #39  
Mod Squad Enforcer
Charter Member
 
Cash Bar's Avatar
 
Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,784
Received 424 Likes on 142 Posts
Default

Originally Posted by bajaholic View Post
Here is a picture of my home @ LOTO . My taxes for 2020 are $2200. We are 2nd tier, and my house is worth about 600K (3200 sq ft w/ 32 x 40 attached garage)

Our old house was on the water in Porto Cima https://www.zillow.com/homedetails/7...18021221_zpid/ The taxes when we sold it 4 years ago were $4000

Here is the kicker about LOTO. Our market is flat out on fire. Current listing time to sale is 72 hours w/multiple offers. Who knows what the election is going to change things but for right now, it is a sellers market. That being said, you still get WAY more house for the money than most places in the states. And... well, our lake certainly is a Mecca for Performance boating! I may be prejudiced, but in my opinion, it doesn't get any better.

Inside looking out:
That is on Dude Ranch road if I am not crazy. We have envied that one from the street as we shop the area. It's actually one we have notes on for our design ideas.
__________________
Your OSO connection to great S. Florida Real Estate.
www.gregsellswaterfront.com
Cash Bar is online now  
Old 11-28-2020, 10:48 AM
  #40  
Platinum Member
Platinum Member
iTrader: (6)
 
F-2 Speedy's Avatar
 
Join Date: May 2012
Location: Midwest & T-Rock
Posts: 8,710
Received 1,403 Likes on 651 Posts
Default

2nd tier usually means one row up or back from water front properties
F-2 Speedy is online now  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.