Many people ask me about property taxes. Usually it's around 1% of the home value.
But it depends on the homestead exemption and some other exemptions like the senior citizen break they give you in Cobb County.
Cobb has a neat online property tax estimator. Just put in the value of the home and it will give you the estimated tax with and without a homestead exemption and alsof what it would be for people 62 years old and up.
Here is the result for a $400,000 home.
| Estimated Taxes (No Homestead) |
$4,600.00 |
| Estimated Taxes (Basic Homestead) |
$4,342.30 |
| Estimated Taxes (Homestead with Age 62 School Exemption) |
$1,507.30 |
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved