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  2. A Guide to Property Taxes on Your Home - AOL

    www.aol.com/property-taxes-used-calculate-them...

    Calculate the taxable value: In this case, the assessed value is $500,000. Apply the millage rate: The millage rate is 15 mills, which equal 1.5% for every $1,000 of assessed value. Calculate the ...

  3. How to calculate your home equity — and how much of it you ...

    www.aol.com/finance/calculate-home-equity...

    Step 1: Estimate your home’s value. Calculating equity starts with identifying the property’s market value. You can find out how much your home is worth using a number of methods. Online home ...

  4. Home equity: What is it and how can you use it? - AOL

    www.aol.com/finance/home-equity-121018740.html

    How to calculate home equity. To calculate the equity in your home, follow these steps:. Find your home’s estimated current market value. What you paid for your home a few years ago or even last ...

  5. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Values may change over time, and many states require taxing jurisdictions to redetermine values every three or four years. The value of property is often determined based on current use of the property, rather than potential uses. [25] Property values are determined at a particular valuation date for each jurisdiction, which varies widely.

  6. Property tax - Wikipedia

    en.wikipedia.org/wiki/Property_tax

    To calculate the property tax, the authority multiplies the assessed value by the mill rate and then divides by 1,000. For example, a property with an assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year. [5]

  7. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    The result of each model is given a Confidence Score and then weighted by that score, analyzed and then reported as a final estimate of value based on a specified date. An AVM typically includes: An indicative market value (capital value or rental value) for a single residential property.

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