Posted at 11:31 AM on November 19, 2010
by Bob Collins
(76 Comments)
Filed under: Economy
This is the time of the year when the proposed property tax bill statements are arriving in area households and early signs are there's a wide disparity in these bills.
The market value of homes is dropping universally, but some tax bills are going up, some are going down. What's your situation?
Last night, homeowners in Minneapolis flooded a hearing to protest the huge jump in their property tax bills.
Some said their total property tax bill is going up 18 percent.
By contrast, I opened my statement with some trepidation last evening, only to find out that my total tax bill is going down 3.8 percent. The taxable market value of my home has dropped about 12 percent.
I want to create a map showing the varying degrees of property tax bills. So please comment below and pass along your data. you don't have to reveal personal data such as market value. Just indicate the percent change of your total property tax bill and what city (and neighborhood, if applicable) you're in.
Update 11:59 a.m. - Ed Kohler at The Deets has an interesting look at Minneapolis property taxes.
Howe Neighborhood in Minneapolis:
Home value: 0% change
Property tax: up 18.3%
East Nokomis, Minneapolis
Home Value: +0.25%
prop taxes: + 16.3%
Longfellow neighborhood in Longfellow community
Home value: -5%
Property tax: +11.3%
Longfellow Minneapolis. Just bought the house.
Home value: -4.5%
Property tax: +12.9%
-2% PV, +14% PT
Thompson Grove Estates, Cottage Grove
Home value: -0.9%
Property tax: -3.3%
Seward, Minneapolis
Home Value: -8.5%
Property Tax: +6.2%
Minneapolis, Standish area
Home Value: 0% change
Property tax: +18%
Kenny, Minneapolis
Home Value: 0% change
Property tax: +16.6% (ouch!)
Ventura Village neighborhood in Phillips
Home value: 0% change
Property tax: +12%
Powderhorn Park neighborhood, South Minneapolis
Home Value: 0% change
Property Tax: +17%
Linden Hills
Home Value: 0% change
Property Tax: +16.8%
Audobon Park, MPLS
Home Value: 0% change
Property Tax: +18%
Edina
Home Value: +4.2%
Property Tax: +14.3%
Armatage, Minneapolis
Home Value: 0%
Property Tax: +18%
MSP-Hale (55417)
Home Value: -9.75%
Property Tax: +13.6%
Home Value: -10.33%
Property Tax: -.09%
Home value: -7.7%
Property Tax: -5%
Lakeville, MN
Willard-Hay, North Mpls
Assessed home value: -10.5%
Property tax: +4.2%
Home in King Field neighborhood south of 38th, just east of Lyndale):
•Home value flat
•Property tax bill up a startling 16.9%
...translates to annual increase of roughly $650
...increases each monthly payment by $54
We are long-time Minneapolis residents and passionate city person ... this sort of increase is not sustainable for us and we suspect it is only a hint of things to come ... for the first time we are thinking about leaving the city
Longfellow Neighborhood
-Home Value 0%
-Property Tax +17.8%
Nokomis East
No change in home value.
Taxes up 16.3%
St. Anthony East, NE Mpls
Assessed home value: -10.3%
Property tax: +12.6%
SE Minnetonka:
assessed home value -5%
property tax +2.5%
Bloomington
Assessed home value = -4.6%
Property tax = +2.8%
And our cabin, if any interest:
Meeker County (Dassel area)
Assessed home value = -3.0%
Property tax = -6.5%
Golden Valley - Hopkins School Distict
Taxable Value -6%
Property Tax +1%
Minneapolis, Northrup neighborhood
Taxable value: -5%
Property Tax: +10.5%
Lakeville
Taxable Value: -7.4%
Property Tax: -4.6%
are you looking at the change in amounts payable in 2011 over 2010? Those bills came out last March? Or are you looking at what will be payable in 2012?
St. Louis Park:
Taxable value: -7.4%
Property tax: +1.2%
Saint Paul (Mac-Groveland)
Home value: -4.5%
property taxes: +5.5%
Cavanaugh Oaks neighborhood, Crystal
Taxable Market Value: -15%
Property Tax: -5.7%
Richfield (East)
Value of home down 5.3%
Taxes up 6.2%
Bemidji, MN - Northern Township
Property taxable market value - down 2.6% 2010 to 2011
Percent property tax change - down 2.7% 2010 to 2011
Longfellow, Minneapolis
Home Value:+5.75%
Property taxes: +25.5%!!
East Harriet
Home Value: +5%
Property Taxes: 18%
Brooklyn Center - Robbinsdale School District
Home Value: -15.2%
Taxes: -3.8%
North Mpls (near Penn & Lowry Aves):
Taxable Market Value -8.7%
Proposed Property Taxes +7.7%
Lynnhurst neighborhood of Minneapolis
Value -5.0%
Taxes +9.5%
To echo a previous post, this is the sort of thing that causes me to seriously consider moving out of the city. Absurd increase
Nokomis area, Minneapolis
Value: 0%
Taxes: +17.6%
This is an outrageous slap from the city. Isn't it time to say "STOP IT!"
Prospect Park
Home Value: - 2%
Taxes: +13.1 %
Taxes have increased almost 300% since 2002. I now realize that it really IS a dream to own a home and hope to raise a family and retire in it in Minneapolis. I love Minneapolis and have lived here over 30 years but for the first time in my life I am starting to consider where I would want to live outside of the city. It is just not affordable anymore. What will taxes be in 10 years?!
Fulton neighborhood, Minneapolis
Value= no change
Taxes=+16%
In the past 6 years my taxes have increased an average of +10% annually. Enough already!!
Brooklyn Park, West District
Value: -21.72%
Taxes: -15.3%
Eden Prairie
Taxable market value: down 6.26%
Property taxes: up 1.67%
The proposed property tax statement does not show the percent each listed entity is of the taxable market value, so I figured it all out myself. The Hennepin County tax, for example, is 0.457% of the 2011 taxable market value, an increase from 0.421% in 2010. The tax for Eden Prairie is 0.323% of the 2011 taxable market value, an increase from 0.293%.
So, while the taxable market values decline, the rates just keep going up. That increase in the percentage rate of taxable market value for Eden Prairie alone was 10.4%.
Would be nice is they would publish the percentage rates on the statements so everyone can see for themselves what is going on.
Payne/Phalen in Saint Paul
Value: -23%
Taxes: -19%
Vadnais Heights
Home value: no change
Taxes: +6.7%
Saint Anthony Village
Value: no change
taxes: +10.4%
I'm in the Ramsey Co. portion of SAV. County taxes were ~ a quarter of that increase, SAV taxes another quarter, and the school taxes were about half of the total increase.
Also, I had a large drop in value last year that resulted in a large decrease in my property taxes for this current year, so I'm will be just below what my taxes were for 2009.
St Louis Park
Assessment value down $7k
Property tax up 7%
Value: no change
taxes: +17.4%
Dollar Amount for the year: $448.00 (UNREAL)
I researched everyone on my block. Everyone's value went down and only two others had +17% increases. There is absolutely no rhyme or reason to any of these increases. In fact one person had a .4% increase which amounted to a $7.00 increase for the year. Something is seriously wrong here and something needs to be done. I don't think any of these increases were done in a fair and consistent manner. I heard they use a software program to determine the values. Fox 9 said we are paying for the Mpls. Police pensions, as well as Target Field. Anyway you look at it, the poor were taxed more, and the richer homes had decreases. Fox 9 also said Mpls was hit with a 10% to 20% increase. If anyone has any ideas, us who were hit hard should band together and try to get something done. Please feel free to e-mail at gsm67890@yahoo.com.
I forgot to mention I am in the Nokomis neighborhood.
Minneapolis, Northrup Neighborhood
Property value: 3.7%
Taxes: 21%
Increased cost: $978.67
New Brighton
Home value: -0.4%
Tax Rate: +6.0%
Highlight of biggest actual $ increases
Ramsey Cty: +9.0%
City of NB: +5.9%
ISD #621 (School levies): +3.1%
Of course the total increase is under $15/month, or less than 1% of our mortgage payment. With electronic auto-payment will I even notice it? Nope.
One other note, considering the value of our house a few years ago, we are paying about what we were when we bought the house.
Chisholm, MN-St. Louis County
Tax Value +5.5%
Tax rate +163.3% (yeah WTF?!)
+17.6% tax 0% prop value
The tax notice came just 1 day before the Nov 30th budget meeting. An accident? yeah, right.
Dec 13th is the city hall meeting. I'll just carry a scrubby piece of cardboard that says "+17%" and put out a tin cup for donations to help pay my tax increase.
If we PROTEST on 12/13, it can't change the pension problem that is at hand, but can we influence how they make future pension obligations? There were some poor choices about pensions made in the past.
The levy comparison shows 48.4% change is for Pensions.
Como neighborhood - St. Paul
Home value: flat
Tax rate: +11%
Home value: 0.0%
Property tax: +16.3%
Neighborhood: Nokomis (Mpls)
Home Value Last 10 Years: +147%
Property Tax Last 10 Years: +219%
Tangletown neighborhood, Minneapolis
Home value: flat
Tax rate +16.5%
Gee, do you think this has anything to do with our "no new taxes" state regime? Could there be some relationship?
Property value increase: 0%
Property tax increase: + 17%
Lyndale neighborhood, Minneapolis
Bancroft neighborhood - South Minneapolis
Property value increase = 0%
Property tax increase = 17.7%
ow.
value: +32%
tax increase: +61%
:(
Holland neighborhood, Minneapolis
Assessed Value: -5.4%
Tax rate +11%
Property value increase: 0%
Property tax increase: 17.7%
Corcoran neighborhood, Minneapolis
Property value increase: 0%
Property tax increase: 17.7%
Carol Becker -
17.5%, property tax increase
flat valuation the last three years
Fulton- SW Mpls
Property Value Change: -5%
Property Tax Change: +10.4%
East Nokomis
Property Value: 0%
Property Tax: +17.5%
Hale
Property Value : -3.65%
Property Tax: +12.7%
Nokomis Neighborhood
Property Value increase: 0%
Property Tax Change: 17%
Loring Park Neighborhood
26% property tax increase!
Longfellow Neighborhood
Property Value Increase: 0%
Property Tax Change: 17.9%
Tangletown
House Value: 0% increase
Prop Taxes: 16.5% increase
Have lived in house less than 6 months; just retired & downsized; didn't budget for this - ouch!
Longfellow
House value: 1% increase
Prop Taxes: 25.8% increase
This is unreal
Kingfield
Value -6.96%
Taxes +9.1%
Minneapolis - Kingfield Neighborhood
Property Value: +0.34%
Property Taxes: +19.65%
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