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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 ...
In 1983, the last time the county raised taxes by more than 14.3%, the millage rate was 27.75, though that rate was based on an assessment of 40% of market value rather than the current 100%.
Key takeaways. Real estate transfer taxes are a one-time fee imposed by state or local governments on the transfer of property ownership. The cost of transfer taxes varies by location and is based ...
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 ...
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.
v. t. e. A transfer tax is a tax on the passing of title to property from one person (or entity) to another. In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property from one entity to another. This kind of tax is typically imposed where there is a legal requirement for registration ...
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] Its county seat is Erie. [2] The county was created in 1800 and later organized in 1803. [3] The county is part of the Erie–Meadville combined statistical area.