HOA Property Taxes

Started by LaramieC • 2 replies • 1090 views

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LaramieC (Alabama)
Posts: 7

Posted:

Hello Everyone,
I am in Alabama and trying to research HOA property taxes. We were wondering if any HOA's out there had their assessed values re-evaluated after a developer pulled out? We are still under developer control but currently pay almost $8k per year in real estate taxes.

DrewW (South Carolina)
Posts: 4

Posted:

We are going thru this issue with our newly created HOA. In Spartanburg, SC we went from > $8,000 on pool, clubhouse and 12 acres w/ lake to <$200 per an update from the county assessor.

MaryA1 (Arizona)
Posts: 7,043

Posted:

AZ passed legislation several years ago which limits the assessed value for each parcel (land, buildings and improvements) used for common areas to $500. This has proven to be quite a huge tax break for the larger assn's that have clubhouses, tennis courts, pools, etc.

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