Byron Center Condominiums | Models Open By Appointment

How are condos taxed?

Dec 22, 2010

Question: How are condominiums taxed? Answer: A condo is taxed exactly the same as a single family home. Taxes are based on the ‘taxable value’, and multiplied by the millage rate. The taxable value is typically about ½ of the market value of the condo. Sierrafield Condos, being in Byron Center, are taxed at about 30 mills, so a condo with a...

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