Osceola County Property appraiser

Table of Contents:

Who determines the tax rates in Osceola County?

What if I have a question regarding the proposed property tax rates?

What if I disagree with my property’s assessed value or exemption status in Osceola County?

What is the Tangible Personal Property Exemption?

What if I receive more than one tax return?

Summary

Who determines the tax rates in Osceola County?

Tax rates are typically determined by taxing authorities which in the case of most counties can include the county office itself, school boards, and even water management districts. There are also city or special taxing districts that may affect the amount that someone would pay for their property taxes. Property appraisers do not set the tax rates, and in Osceola County, as in all of Florida, there is no fixed tax rate that all of the properties are taxed under.

In Osceola County, a relatively complicated formula is used to determine property taxes that is based on millage rate. The millage rate is applied to your property’s taxable value to determine the exact amount that you will be called to make.

Osceola County has relatively high median property taxes, with the property tax being around 0.95% of the property’s assessed fair market value. On average, Osceola County residents pay about 3.48% of their yearly income on their property tax.

This is why your property value is significant in determining the value of your property or home. In Osceola County, the assessment of what your property’s value and taxable value will be is completed by the Osceola County Property Tax Assessor. In addition, every property is assessed every year to ensure that any improvements or additions that have been made are taken into account in the appraisal process.

If you think that the amount you are being asked to pay is incorrect, you will want to contact the Osceola County Tax Assessor’s Office to file an appeal as swiftly as possible. However, suppose the problem is related to your property getting valued too highly. In that case, you will need to gather the information that would prove your point that based on the current market value and your specific property, the taxable value of your property should also be much lower.

What if I have a question regarding the proposed property tax rates?

If you have any questions regarding property tax rates that aren’t answered online. You will need to contact the taxing authority responsible for establishing your property taxes.

These days, many tax authorities hold meetings online and not in person, so you may want to contact them to find your options for discussing the proposed property tax rates.

In Osceola County, there is also a public hearing in which the proposed annual budget and non-ad Valorem assessments are discussed. The meeting is open to the public. If you want to learn more, you can check the official Osceola County website and look for the “Budget Public Hearing.”

What if I disagree with my property’s assessed value or exemption status in Osceola County?

If you received the assessed value of your property from the appraiser and you believe it to be incorrect, or if a specific exemption that you think you are eligible for has not been added to your property tax bill, you will need to contact the Property Appraiser’s Office.

The Appraiser’s office has specialized staff that can discuss all of your questions and addresses any concerns that you may have about the Notice of Proposed Property Taxes that you have received. In most cases, one meeting at the Appraiser’s office can be enough to clarify the situation, but there are a few cases where you may want to consider what other options you have for appealing the decision made by the Osceola County appraiser’s office.

If you believe that the valuation of your property is incorrect, you will want to appeal the valuation as soon as possible. You will want to act quickly in order to avoid being overcharged on your taxes. You should always keep a close eye on your property’s amount as taxable value, so you can more easily find issues when they arise.

The easiest way to fight a high property valuation is by contacting a realtor. They will help you determine what your home would be able to sell for in the current market. Their assessment is also based on other sales, which makes the information they give you very informed and well researched. To appeal the valuation of your home based on the evidence provided by a real estate agent, you will to provide some proof. This evidence can be based on other similar property listings and also properties with different market values.

Another option is to pay to have your property professionally appraised. That professional appraisal could then show evidence of whether or not your home would receive the assessed market value in the current market climate.

Whether you agree or disagree with your final tax amount, avoiding payments could lead to foreclosure. Therefore, if you fail to collect all the material for the appeal in time, you should still pay the due tax amount. After, you can continue gathering documents for the appeal process in the following year.

Keep in mind that in Osceola County, property taxes are based on location rather than a set tax rate. If you disagree with your property tax rate, you can appeal it by proving that the assessed value of your property is lower than the appraiser claims.

If you want to file an appeal, the best thing you can do is visit the county’s website or your specific city or town and determine both the cost and the method for filing the appeal. In most cases, the following steps are essential for a successful property tax appraiser appeal:

1. Check the details

You first want to make sure all details are filed correctly. You will also want to check the description of your home and the items included that justify the price. Any mistakes in the details will be easy to prove, and they will instantly help you lower the cost of your home.

2. Market research

Once you have established all of the correct details, you will want to turn to more extensive market research that will allow you to prove that their valuation is wrong compared to the market value of other similar properties.

3. Appeal hearing

Property appeal hearings are routine and should not be a point of concern. During the hearing, you will need to provide the details you have gathered that showcase that the valuation of your property is wrong. If specific information about your property is inaccurate, this is also the time to disclose that information. Finally, you will need to provide all of the examples you found by researching the market. Ensure you have more than three examples to submit if you want your claim to be taken as seriously as possible.

4. Be ready to argue your case

Keep in mind, you are questioning the Appraiser’s valuation of your property, so naturally, the property appraiser will try to prove that your argument is incorrect. To prove your case, you will need to be substantial evidence to go against the Appraiser’s claim.

What is the Tangible Personal Property Exemption?

The Tangible Personal property exemption is an exemption that allows you to get a $25,000 reduction on your tangible personal property. To receive this exemption, you will need to file an application form.

• In cases where you own both the land and mobile home that is permanently set up, you must have an RP Real Property sticker.
• If you own the mobile home but not the land, you need to buy an annual MH Mobile Home sticker. This sticker is the replacement for property taxes.

If you questions or concerns regarding the Tangible Personal Property exemption, you can directly call the Osceola County property appraiser’s office to receive more information about the valuation office. If you believe the valuation was incorrect, you should file a petition that the Value Adjustment Board will examine to determine whether you are correct in your belief that your property was taxed unfairly.

What if I receive more than one tax return?

The number of tax returns you will receive will depend on the number of returns you file. If you only have one property you filed taxes for, you should only expect to receive one tax return. On the rare occasion where you receive an extra tax return, contact the Osceola County offices for guidance on what you should do. If you have filed returns for several different properties, expect to receive the same amount of tax returns. You must list all of your property assets on separate forms, which means you will receive a return for each.

Summary

Osceola County uses a relatively complicated property taxation system. You can contact the Appraisers office for property tax questions. If you disagree with your property tax amount, you will need to prove the property appraiser was incorrect in their valuation. The appeal process can be relatively long and complicated. Knowing the documents you will need to prepare them ahead of time will help you prove and win your case.