Sentences with phrase «assessed value of the primary residence»

Under STAR, $ 30,000 is taken off the assessed value of the primary residence for the purposes of school taxes, which in most locations is the largest component of the property tax burden.

Not exact matches

If passed, the 20 - year bond would cost homeowners of an average primary residence valued at $ 639,000 a total of $ 123 a year, or roughly $ 19.25 per $ 100,000 of assessed valuation.

A disabled veteran in Arizona may receive a property tax exemption of $ 3,000 on his / her primary residence if the total assessed value does not exceed $ 10,000.

A disabled veteran in Louisiana may receive a property tax exemption of up to the first $ 150,000 of the assessed value of his / her primary residence if the veteran is 100 percent disabled as a result of service.

The homestead exemption allows for a deduction of up to $ 50,000, the second $ 25,000 of which does not apply to school taxes, off the assessed value of a property owner's primary residence.

Homeowners are only taxed on 55 % of the home's assessed value as long as the property they claim is their primary residence.