Question About Port Angeles and Sequim Property Taxes: I am unfamiliar about your taxation system, and I think I really should know more before I try buying property and moving into the area. Especially, I am concerned about having to pay sales tax on a real estate purchase. Is this the case? It would be an appalling sales tax if that were true. Your property tax system looks similar to Montana’s. However, Montana also collects income taxes; is this true for Washington as well? One benefit of Montana’s property tax system is its property tax reduction on the basis of low income. Does Washington have such a reduction? I wonder if the info is located under your heading “Property Tax Relief Programs”. Montana’s low income program has been a big help in years when my income was low, as my income tends to bounce around a bit from year to year.
Answer:
To answer your questions, here are a few things about taxes. I wrote some articles about these things, and here’s some of what I wrote on taxes from a couple of angles.
How much are Clallam County property taxes? How do I calculate my property taxes? How do I get a tax credit? Can I get a senior citizen’s exemption? What about an agriculture or timber exemption? How do I appeal my property tax assessment? All good questions, and for your convenience here are key links that will answer your questions:
Washington State Property Tax History
Washington State Property Valuation Requirements
What is market value?
What types of properties are assessed?
How is real property appraised?
How is personal property valued?
How often does Clallam County appraise property?
Do I have to let the county appraiser into my home or onto my property?
Why may assessed values change from year to year?
Who determines the amount of a property tax bill?
Property Tax Limitations (Statutory Limits)
What is a property tax levy?
Calculating Your Individual Property Tax
Why do property tax rates vary throughout the county?
Public Participation
How do I pay my property taxes?
What if I disagree with my property ´s assessed value?
Property Tax Relief Programs
Property Tax Reform
Free Downloads
Review of Real Property Valuation Determination (20k)
Senior and Disabled Persons Exemption from Real Property Taxes (221k)
Citizens ´ Guide to the Clallam County Budget (154k)
Excise Tax Affidavit
Excise Supplemental Statement
Mobile Home Excise Tax Affidavit
One of the major costs of developing lots are the utility hookup fees the cities charge here. What are Sequim utility hookup fees for new construction, and how do they compare with Port Angeles?
The city Port Angeles collects the following fees at closing from every purchaser of a new lot, or a lot for the construction of a new home:
1. $120 for Sanitary Sewer Hookup
2. $230 for a Water Meter
3. $1,125 for Sewer System Distribution
4. $1,265 for Public Works Water System Use Fee
5. $713 or less for Underground Utilities (Electrical Distribution)
Now let’s look at Sequim. Sequim fees are substantially more:
1. $4,500 for General Facility Water
2. $6,000 for General Facility Sewer
3. $550 for Water Hookup
4. $100 for Sewer hookup Inspection
5. $78.84 for Sewer Backwater valve kit
6. $329.08 for Full meter package
Add these costs to the cost of purchasing a lot. And sellers normally pay the excise or sales tax, not buyers.
Best Regards,
Chuck Marunde, J.D.
Broker/Owner/Realtor
Sequim & Port Angeles Real Estate, LLC
618 South Peabody St., Suite I
Port Angeles, WA 98362
(360) 775-5424
(866) 733-7135 fax
chuckmarunde@gmail.com
http://SequimPortAngeles.com
Possibly Related Posts:
- Obamacare Real Estate Tax
- Sequim Property Tax – How To Use The Tax Assessment Website
- Health Care to Tax Home Sales at 3.8% of Sales Price
- Sequim Property Taxes
- Sequim Real Estate Research
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Another great post. This is something every homeowner should read.
I was wondering about taxes because we are comparing Sequim and Port Angeles, Thanks for the article!