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how to find percent of total appraised value. Some states Louisiana for example use as little as 10 percent of appraised value for calculating assessed value. For example if you paid 1430 in property taxes and the local property tax rate equals 22 percent divide 1430 by 0022 to find your propertys assessed value equals 65000.
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For example if you paid 1430 in property taxes and the local property tax rate equals 22 percent divide 1430 by 0022 to find your propertys assessed value equals 65000. Divide that by the 250000 sales price. First find the total.
Other states use 80 to 100 percent of appraised value as assessed value.
Round your Apportioned Cost answers to 2 decimal places x Total Cost of Total Appraised Value Value Cost 220500 73500 196000 S 490000 58 e 10 50 125 x3g4875 OS 22113000 3 x 304875 x 394875197 43750四 Land Land 7502825 Building Totals 49359375 Required. Brought to you by Sapling. You have 20000 available for a down payment so youll need to borrow 80000. Youve determined that the propertys NOI after deducting applicable expenses is 50000.
