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Reply to "Help me understand property taxes in Pennsylvania"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I live in a suburb of Pittsburgh in Allegheny County. When we purchased our home, the school district tried to increase the assessment to our purchase price. The school taxes compose the bulk of the property taxes and they do this for every new purchase. Many people contest this with comps. Unfortunately for us, around the same time a similar house sold down the street for about 100,000 higher. So we lost the protest. There was a lawsuit recently that limits the amount of the increase in assessment. I honestly do not understand why they do not reassess everyone on a regular basis. Plus, the school taxes increase every year (even though our district has had a surplus for the past few years). Many people depart for other areas with lower taxes after their kids graduate high school but we are staying for now. [/quote] Let me guess: Wilkinsburg? They have massive tax issues due to being a very poor township that has a small area of nice houses in Regent Square. So the Regent Square houses get taxed at an insane rate. We paid something like $250k for a house in Wilkinsburg a little over a decade ago. When the inevitable reassessment came in, our property tax jumped to something like $11,000 a year. I paid less property tax on a million dollar house in PG County.[/quote] Nope - USC.[/quote] USC is great. We moved here a few years ago and house was reassessed at around 65% of purchase price. School taxes are high so I wouldn’t live here without kids, but sending two from K-12 in a top-rated district still seems like a good value (and much cheaper than independent privates)! [/quote]
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