Average Tax Assessment in Seminole County
Real Estate Values and Property Tax Valuation in Seminole County, Georgia
Seminole County has a total of 3,894 properties with a cumulative value of $472.5M. This represents 0.06% of all real estate value in Georgia. Property taxes in Seminole County totaled $6.7M, with an average homeowner paying $1,732 in property taxes, which is lower than the state average of $2,360. The average property tax rate in Seminole County is 1.43%, higher than the state average of 1.00%. Properties are valued for tax purposes based on their fair market value.
The property tax timeline in Georgia begins on January 1st, when the property values are assessed. Property value notices are then issued between April and July, and property owners have 30 to 45 days after the notices are mailed to file an appeal. Finally, property tax bills are issued on September 1st.
Updated November 01, 2023
Important Links | |
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Seminole Clerk/Registrar of Deeds | (405) 257-2501 |
Seminole Property Appraiser | (407) 665-7506 |
Seminole Clerk of Court | (229) 524-2525 |
Seminole Assessor | (405) 257-3371 |
Important Dates | |
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Property Valuation Date: | January 1st |
Property Value Notices Issued: | April - July |
Property Tax Appeal Deadline: | 30 to 45 days after notices mailed |
Property Tax Bills Issued: | September 1st |
Real Property Tax Bill Due (1st of #): | May - December, Varies by jurisdiction, Fulton County - October 15th |
Available Exemptions | |
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Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Not Available |
Charitable | Available |
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Real Estate Statistics in Seminole County
Residential Property Taxes by Cities in Seminole County
Seminole County has an average property tax rate of 1.43%, which is slightly lower than the state average of 1.45%. This rate is applied to all properties in the county, regardless of location. However, there is some variation in the effective property tax rate across the cities in Seminole County. Donalsonville has the highest effective property tax rate at 1.45%, while Iron City has the lowest at 1.31%. This means that property owners in Donalsonville will pay slightly more in property taxes than those in Iron City. Overall, Seminole County has a relatively low property tax rate compared to other counties in the state, making it an attractive option for those looking to purchase property in the area.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Seminole County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Donalsonville | $20,137 | $39,624 | $71,909 | $128,793 | $204,913 |
Iron City | $16,356 | $40,937 | $80,542 | $142,321 | $271,259 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Seminole County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Donalsonville | $293 | $588 | $1,113 | $1,895 | $2,835 |
Iron City | $214 | $535 | $1,053 | $1,861 | $3,547 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Donalsonville | 1.46% | 1.48% | 1.55% | 1.47% | 1.38% |
Iron City | 1.31% | 1.31% | 1.31% | 1.31% | 1.31% |
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Real Estate Values in Seminole County
The data from Redfin indicates that there is no change in median home price in Seminole County from October 2022 to October 2023. However, the home inventory in Seminole County has increased from 1 in October 2022 to 2 in October 2023. This suggests that the housing market in Seminole County is becoming more competitive, as more homes are available for purchase.
Average Home Value in Seminole County, Georgia
Last updated: November 2023
Percent Change in Total Home Sales in Seminole County
Last updated: November 2023
Percent Change in New Home Listings in Seminole County
Last updated: November 2023
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Mortgage Rates in Seminole County
Seminole County has a total of $47.8 million in outstanding home mortgage loans. This represents 474 individual loans, which is a significant amount of money for the county. The median mortgage rate across the county is 3.94%, which is relatively low compared to other areas. However, there is a variation in rates across different cities in the county. For example, Donalsonville has the highest median mortgage rate at 3.94%, while Iron City has the lowest at 3.94%. This variation in rates can have a significant impact on the total amount of money that homeowners in Seminole County need to pay for their mortgages.
Overall, mortgages in Seminole County are relatively affordable. The total amount of outstanding loans is a significant amount of money, but it represents only a small percentage of the total home value in the county. This means that homeowners in Seminole County have access to relatively low mortgage rates, which can help them save money on their monthly payments. However, it is important to note that there is a variation in rates across different cities in the county, so it is important to shop around to find the best rate for your particular situation.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Seminole County by city.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Donalsonville | $31,816 | $51,783 | $84,861 | $128,717 | $186,412 |
Iron City | $18,683 | $44,616 | $95,498 | $139,580 | $193,122 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Seminole County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Donalsonville | 2.90% | 3.43% | 3.94% | 4.71% | 6.16% |
Iron City | 2.90% | 3.10% | 3.94% | 4.40% | 5.44% |
Housing Expenses in Seminole County, Georgia
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