Cleveland Property Tax Rate Assessment

Member since 2022 · 28 posts · 18 votes

I've seen mentions that property tax is assessed at 35% of the appraisal. So a 3% tax rate on a $100k house would be:

100,000 * .35 * .03 = $1050/year

However, the Cleveland County Tax Calculator does not include the 35% assessment and would just be 100,000 * .03 = $3000/year.

Could anyone provide clarity on how to properly calculate property taxes in Cleveland?

1 Reply

22 views

3 Replies

Jump to latestLatest

Sort by

James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
3y
Quote from @Anh Nguyen:

I've seen mentions that property tax is assessed at 35% of the appraisal. So a 3% tax rate on a $100k house would be:
100,000 * .35 * .03 = $1050/year
However, the Cleveland County Tax Calculator does not include the 35% assessment and would just be 100,000 * .03 = $3000/year.
Could anyone provide clarity on how to properly calculate property taxes in Cleveland?

Check out The Ultimate Guide to Grading Cleveland Neighborhoods. It's in there.
0 Reply
Anh Nguyen
OP
Member since 2022 · 28 posts · 18 votes
3y
Quote from @James Wise:

Quote from @Anh Nguyen:

I've seen mentions that property tax is assessed at 35% of the appraisal. So a 3% tax rate on a $100k house would be:
100,000 * .35 * .03 = $1050/year
However, the Cleveland County Tax Calculator does not include the 35% assessment and would just be 100,000 * .03 = $3000/year.
Could anyone provide clarity on how to properly calculate property taxes in Cleveland?

Check out The Ultimate Guide to Grading Cleveland Neighborhoods. It's in there.
Hey James, I’ve seen your guide before and it does seem to exclude the 35% assessed valued. However the tax calculations on your YouTube videos seem to be much lower so I was confused
0 Reply
Bob S.
Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
3y
Quote from @Anh Nguyen:

I've seen mentions that property tax is assessed at 35% of the appraisal. So a 3% tax rate on a $100k house would be:
100,000 * .35 * .03 = $1050/year
However, the Cleveland County Tax Calculator does not include the 35% assessment and would just be 100,000 * .03 = $3000/year.
Could anyone provide clarity on how to properly calculate property taxes in Cleveland?

between 3 - 5%ish including the suburbs
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.