When selling Naples real estate, I am often asked, “What will my taxes be?” Since I am not the Collier County Appraisers Office, I cannot give an accurate answer. I advise my clients that typically, on Naples fl homes for sale, taxes are assessed for Collier County at 1.25% of purchase price. My clients are often most concerned with the overly inflated assessments either made by appraisers in the last 5 years, or from purchase prices from before the southwest Florida housing bubble burst here in Naples. I have to advise, once again, that they can expect a 1 ¼% assessment from their purchase price.
As a Naples Realtor, I cannot comment on taxes. I leave this to the appropriate people. However, I can point my clients to the process that is followed if they think their assessment was not just and equitable.
After purchasing a Naples FL home or Naples condo, a property owner is allowed 25 days after the TRIM Notice is mailed to protest the assessment to the Collier County property appraiser. Is the property owner has a valid argument, and it is based in fact, ie. purchase price, the county appraiser may make a change and lower the assessed value.
First, the homeowner should go to the County Property Appraiser Office. If the assessment is appropriately reduced, then good. If the new assessment is still not just and equitable, the homeowner can go before the Value Adjustment Board. If still, the assessment is not just and equitable, the homeowner can go to court.
I feel confident that the Collier County Property Appraiser’s office will fairly, justly and equitably adjust your assessed value after a real estate purchase so you have no need to worry. If they don’t, the simple, aforementioned process will help you get a fair assessment of your Naples real estate.
If you are interested in reading more about this or other frequently asked questions related to naples FL real estate, Naples condos, Naples homes, or anything else, you can visit the Guru’s FAQ pages at http://www.naplesguru.com/faq.php
Tim Ryan, Naples Real Estate
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