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Nassau Taxes

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8ternity
<3

Member since 11/08

10586 total posts

Name:
Formally NYPD-Wife

Nassau Taxes

We are house hunting and we saw a house that we are interested in. I went to mynassauproperty.com and compared 2010 taxes with 2011 and it went up about $1,000 is that possible? I am new to this and live in Queens so this is all new to us.

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Posted 3/26/11 10:39 PM
 
Prudential Douglas Elliman Real Estate
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Serendipity
Summer!

Member since 4/07

7631 total posts

Name:
PrayingWishingHopingALOT

Re: Nassau Taxes

Yes....very possible!

Posted 3/27/11 7:48 AM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Re: Nassau Taxes

Either they were reassessed, or they did an addition to increase the taxes.

Can you tell how long the home has been in possession of the current owner? We had the town come here and reassess after we closed.

Posted 3/27/11 8:05 AM
 

8ternity
<3

Member since 11/08

10586 total posts

Name:
Formally NYPD-Wife

Re: Nassau Taxes

According to their agent, they didn't do anything additional to the house, they only lived in it for 2 years.

Also, their STAR rebate is 1,200 but the year they didn't own it it was 1,500...why was they're rebate less then the previous owners?

Unfortunately this house won't work for us, the taxes are really high to begin with so on to the next one!

Posted 3/27/11 9:33 AM
 

maybesoon
LIF Adult

Member since 9/09

5981 total posts

Name:

Re: Nassau Taxes

yup we purchased and our taxes jumped over 1 k. we didn't realize the old owners had other exemptions we didn't qualify for

Posted 3/27/11 8:11 PM
 

Cheeks24
Living a dream

Member since 1/08

8589 total posts

Name:
Cheeks

Re: Nassau Taxes

If they were only in it for 2 years, it is possible that the person they purchased from had other exemptions like senior discounts.

Posted 3/27/11 8:43 PM
 

Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Re: Nassau Taxes

Yes. When we purchased our home our taxes were $9500 with nothing other than the regular STAR. town of Hempstead decided to reassess our home Chat Icon And our taxes went up approx. $1000 every year since we've been hereChat Icon This year our taxes actually went down $700. Not sure why Chat Icon

We will be in our house 5 years in April.

Posted 3/27/11 11:29 PM
 

caps612
In love with my little guys!!

Member since 8/10

5108 total posts

Name:

Re: Nassau Taxes

Posted by NYPD-Wife

According to their agent, they didn't do anything additional to the house, they only lived in it for 2 years.

Also, their STAR rebate is 1,200 but the year they didn't own it it was 1,500...why was they're rebate less then the previous owners?

Unfortunately this house won't work for us, the taxes are really high to begin with so on to the next one!




the previous owners were probably senior citizens and getting the enhanced start deduction instead!

Posted 3/28/11 9:21 AM
 

Mill188
LIF Adult

Member since 3/09

3073 total posts

Name:

Re: Nassau Taxes

It's probably a combination of factors. Different exemptions and the fact that Nassau County reassesses each and every year can lead to dramatic changes from year to year.

However, starting with the 2012/13 assessment year, Nassau will be reassessing every 4 years, not each year.

Posted 3/28/11 10:38 AM
 
 

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Taxes - who does yours in Eastern Nassau or Northeast Queens? Tine73 1/4/11 6 Families Helping Families ™
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Suffolk or Nassau & How much Taxes (before star & other breaks) mommy2Two 8/11/07 13 Home
When Are Nassau County Taxes Due? Kara 7/31/07 2 Home
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