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Updated about 3 years ago on . Most recent reply
Estimating Non Homestead Property Taxes
Hey all,
i've been looking to see how to estimate property taxes for running my numbers. I don't want to rely on the #s that show up in the listing, because i know that is if it's a primary residence.
For those located in Michigan, i've been using the following website https://treas-secure.state.mi.... . I've been trying to do it specifically for Redford, MI. which is a B-, B location. I was able to select options for county (Wayne), city (redford Township) and the different school districts. I'm looking to estimate taxes on a 125K house, so i put $125,000 into taxable value.
Taxes ended up coming out to ~$10,000 in this situation which i know is ridiculously high for this area... am i doing something wrong here? What tools do you use for estimating property taxes?
Most Popular Reply
The state determines the value. Go to the county assessor for the property and you'll see the SEV listed.