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In the city of Erie, for example, the owner of a house assessed at $100,000 pays $1,312 in city taxes — $716 more than the current county tax rate of $596 for a property assessed at $100,000.
In June, the number of recorded sales in Erie County dropped by 33.7% since June 2023 from 338 to 224. All residential home sales totaled to $52.1 million. In Pennsylvania, homes sold at a median ...
The Local Economic Revitalization Tax Act (LERTA) plan allows a 100% ten-year tax exemption for the costs of new construction or improvements to property. The program in its current form expires on 13 November 2007. The City Council, the Erie School Board, and the Erie County Council must approve any new program. [9] [10]
In the USA, total transfer taxes can range between very small (for example, .01% in Colorado) to relatively large (4% in the city of Pittsburgh). [2] [3]Some U.S. states have a variety of transfer tax laws which may include specific exemptions for certain types of buyers based on buying status or income level.
Real estate transfer taxes are different from property ... county or state, but most real estate transfer taxes are generated by local governments.” ... A $500,000 home sale might incur just $50 ...
Website. www.erie.gov. Erie County is a county along the shore of Lake Erie in western New York State. As of the 2020 census, the population was 954,236. [1] The county seat is Buffalo, which makes up about 28% of the county's population. [2] Both the county and Lake Erie were named for the regional Iroquoian language -speaking Erie tribe of ...
It was expanded with the blessings of the city, Erie County government and the Erie School District to provide 10-year property tax breaks in all areas of the city, including the bayfront. All ...
Erie County is a county in the Commonwealth of Pennsylvania. It is the northernmost county in Pennsylvania. As of the 2020 census, the population was 270,876. [1]