Home Buying in Connecticut>Question Details

sea329, Home Buyer in New York, NY

I am looking to buy a house in Newtown for about $500.000. What do you think State and local taxes would be. 10,000 or so?

Asked by sea329, New York, NY Sat Aug 10, 2013

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Yes you would qualify for a tax credit at age 65. There are a few tiers you can fall under. It can vary from town to town. You should contact newtowns tax collectors office for more information. Their number is 203-270-4240. Or busy their website at: http://www.newtown-ct-gov/...newtownct_assessor
Hope that helps!
Laura Cruger
William Pitt Sotheby's international Realty
203-948-1103
Web Reference: http://Crugerandlevitt.com
0 votes Thank Flag Link Sat Aug 10, 2013
Thanks so much!
Flag Sat Aug 10, 2013
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0 votes Thank Flag Link Sat Aug 10, 2013
I forgot to mention I am 65, how much credit does this give me?
0 votes Thank Flag Link Sat Aug 10, 2013
Yes. More or less. Depending on some variables. One if which would be lot size. If a home sits on a 5 acre lot. You can expect to pay more in taxes vs a 2 acre lot. Hope that helps!
Laura Cruger
William Pitt Sotheby's Realty
203-948-1103.
0 votes Thank Flag Link Sat Aug 10, 2013
Thanks, yes this does help. I thought it had to do more with the structure and price, but it now sounds as if acreage has a big play. One more thing if you don't mind. Can an owner get a portion of this money back, come tax day?
Flag Sat Aug 10, 2013
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