How Much Did Your House Cost? - Page 14

ForeverBlessed · #**131** 08-30-2007, 10:20 AM

Quote:

Originally Posted by Digging4Truth

Since filing Homestead Exemption our taxes run less than $40 per year.

They were $600 before

wow... I pay $65 a month for house taxes... and according to coworkers... my taxes are still low, my house is older and on the lower end of houses around here (at least in this suburb).

oh, and that is with a homestead exemption...

determined · #**132** 08-30-2007, 10:39 AM

Enough to keep me working for a LONG time!

Digging4Truth · #**133** 08-30-2007, 10:53 AM

Quote:

Originally Posted by determined

Enough to keep me working for a LONG time!

LOL....

Indeed.

LaVonne · #**134** 08-30-2007, 11:23 AM

We did the homestead exemtion thing and our taxes are still $6,570.00/year.

LaVonne · #**135** 08-30-2007, 11:25 AM

Quote:

Originally Posted by ForeverBlessed

I inherited my 1900 sq ft, two story, old house back in 2000 after my dad died. My mom signed one of their properties over to me…I grew up in the house as a little girl, so I have lots of memories. My husband at that time and I worked on the house and mortgaged it for about $25K to do repairs… then after the divorce a few years ago, I refinanced again for more money to put in a new furnace and stuff. I live pretty cheap considering Indiana has high property taxes… which are through the roof… and causing quite a problem here. It is down right ridiculous… My house is worth about 100K now.. I'm still working on it.. and hope to sell it for more than that in the future.

I think I should move to La…(that is cheap for a home) or Texas.. no property or sales tax (TX)… wow.

OR does not have income tax and you you don't have to pump your own gas. Also, the property taxes are much lower than in the mid-west.

Digging4Truth · #**136** 08-30-2007, 11:27 AM

Quote:

Originally Posted by CareyM

We did the homestead exemption thing and our taxes are still $6,570.00/year.

Wow... my mortgage payments for the year are about that amount.

LaVonne · #**137** 08-30-2007, 11:30 AM

Quote:

Originally Posted by Digging4Truth

Wow... my mortgage payments for the year are about that amount.

It's terrible...we are moving! Not only are the property taxes high, but there's many toll roads, state/city sales tax, outrageous grocery prices...list goes on and on...we had no idea how good we had it until we moved out here.

joyful · #**138** 08-30-2007, 12:02 PM

Quote:

Originally Posted by ForeverBlessed

or Texas.. no property or sales tax (TX)… wow.

Actually, our property taxes are pretty high in some parts of TX. For our house that is tax appraised at around $95k, the annual property taxes after the homestead exemption are about $2200 per year.

Revelationist · #**139** 08-30-2007, 08:31 PM

Quote:

Originally Posted by ILG

How did you get that???

We bought a Supply store and made a church out of it, it come with a warehouse that we turned into a parsonage. We give $80,000 for all of it.

AmazingGrace · #**140** 08-31-2007, 08:37 AM

Thats awesome Revelationist!!!

I love to hear when good things like that come to those who are doing Gods work! When our church purchased their building in Okc area. It was 130,000 and not too shabby of a building. Needed about 40,000 worth of work done to it and the parsonage. We completed the parsonage for 5,000 all work was done by the church and the biggest fix up was the cabinets and all the wood and woodwork were donated!...

The church building itself too the majority of the cost and so for 180,000 we had a totally new parsonage and building... the parsonage was 2900 sq ft and the church was also fairly decently sized.

Here is the wild part. Day after we signed on the dotted line. It appraised for 480,000!!!! That was before any of the repairs/renovations were done. The city appraiser came to our house for dinner one night and said "Good Lord the house would almost appraise for what the entire property did before!!!