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In Clermont County, a home in Union Township at $321,000 went up in value 20%, but the taxes are projected to go up 7%, according to the calculator. A wide disparity between the increase in ...
As a rule of thumb, if a property’s value increased by over 41.5% and local governments keep their “revenue-neutral” rates, people will likely experience a property tax increase. If a ...
Rowan County (/ r oʊ ˈ æ n / roh-AN) is a county in the U.S. state of North Carolina that was formed in 1753, as part of the British Province of North Carolina.It was originally a vast territory with unlimited western boundaries, but its size was reduced to 524 square miles (1,360 km 2) after several counties were formed from Rowan County in the 18th and 19th centuries.
The difference between the in-place rent and the ERV is the reversionary value of the property. For example, with passing rent of $160,000, and an ERV of $200,000, the property is $40,000 reversionary. Holding the valuers cap rate constant at 8%, we could consider the property as having a current value of $2,000,000 based on passing rent, or ...
Unity Township is one of fourteen townships in Rowan County, North Carolina, United States. The township had a population of 2,215 according to the 2010 census. [1] Geographically, Unity Township occupies 24.82 square miles (64.3 km 2) in northwestern Rowan County. There are no incorporated municipalities in Unity Township.
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