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Updated over 6 years ago,
Why are the taxes so high on this property in Columbus?
There is a property in Columbus that I am interested in, but I can’t figure out why the taxes are so high. For example, I am currently in contract on a $280k duplex in the city and the taxes are around $4.5k a year. The place I am interested in is currently on the market for $160k but the taxes are just over $5k a year! There are two buildings/units on one parcel, one efficiency unit and one 2-bed ranch. Other than that, I can’t figure out why the taxes are so high when the value of the house is so low. Thanks for any input.