Divide the sales price in half and multiply that amount by the correct rate below in the chart. * Non-Owner Occupied - For landlords and second homeowners. Divide your purchase price in half and multiply that amount by the correct rate below in the chart. * Owner Occupied - If you will be living in the home. To help our clients determine future property taxes, we typically use half the sales price. However, the following year the taxes will either increase or decrease to reflect the new value of the home. If you're purchasing a new home, the taxes for the first year will be at the seller's rate. Listed below are the Millage Rates for various cities and townships. Learn how to calculate property taxes in Macomb County. Property taxes can affect your monthly payment as can millage rates.
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