SPECIAL ASSESSMENTS for

Residential Real Estate

STREETCAR PHASE 2
(assessed value is calculated as 19% of market value)

Market Value

Assessed Value

Annual Assessment

25 Year Obligation

$100,000

$19,000

$133.00

$3,325.00

$150,000

$28,500

$199.50

$4,987.50

$200,000

$38,000

$266.00

$6,650.00

$250,000

$47,000

$332.50

$8,312.50

$300,000

$57,000

$399.00

$9,975.00

$400,000

$76,000

$532.00

$13,300.00

$500,000

$95,000

$665.00

$16,625.00

$750,000

$142,500

$997.50

$24,937.50

Commercial Real Estate (assessed value is calculated as 32% of market value)

Commercial Market

Commercial Assessed

Annual Assessment

25 Year Obligation

$100,000

$32,000

$153.60

$3,840.00

$200,000

$64,000

$307.20

$7,680.00

$300,000

$96,000

$460.80

$11,520.00

$400,000

$128,000

$614.40

$15,360.00

$500,000

$160,000

$768.00

$19,200.00

$600,000

$192,000

$921.60

$23,040.00

$800,000

$256,000

$1,228.80

$30,720.00

$1,000,000

$320,000

$1,536.00

$38,400.00