Did you know these tidbits about your property?

Home Forums Open Discussion Did you know these tidbits about your property?

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  • #956034

    brukeste
    Participant

    We bought our house in 2003
    Invested about $150k to improve the property
    Recently Invested $18k to stabilize my house which was built on floating grass

    I have nothing against growth, but it should not come at the cost of the piggy bank for the city…..”My home”. And I have NOOOO issue with renters, I was one….but WHY does a renter get to approve withdrawls on my home? Shouldn’t this be a decision for the homeowners? We have the foot the bill and get taxed out. If you think I am kidding, look at Lisa Herbolds recent flyer spouting “all this gets paid for with taxes from the homeowner which the city has been granted permissions to apply on homes”…..Lisa, would you mind if I steal the money out of your purse, Oh, sorry, let me ask my neighbor if its ok to steal money from your purse.

    BUT HERE IS THE REASON I AM WRITING THIS…..

    City of Seattle has granted themselves an excise tax when you sell your home. Our friend bought his house for $250k and lived in it for 25-30 years and dumped in tons of money to fix it up. He sold it for $750k

    City of Seattle received $48k THOUSAND DOLLARS for the sale of his home. This was in addition to the fees for the realtor. This does NOT include any other fees.

    Now here is the kicker, they are getting a HUGE percentage of your equity, because they granted themselves the fee for the sale, not at the price you paid. So they get all the sweat, tears and blood on what my house increased to???

    If this makes sense, please let me know.

    But did you know

    1. If you don’t have an alley way, the city actually owns 10 feet from your property line into your yard. The same for your neighbor behind you.

    2. They also own 3 feet into your front yard from the sidewalk. You don’t own it, but you maintain it and pay taxes on it

    You pay the taxes on city property and yet, you don’t own it. They can come onto your property and add a telephone pole without your permission.

    Yes, this one is repeated
    3. City of Seattle has granted themselves an excise tax when you sell your home. Our friend bought his house for $250k and lived in it for 25-30 years and dumped in tons of money to fix it up. He sold it for $750k

    City of Seattle received $48k THOUSAND DOLLARS for the sale of his home. This was in addition to the fees for the realtor. This does NOT include any other fees.

    Now here is the kicker, they are getting a HUGE percentage of your equity, because they grant themselves the fee for the sale, not at the price you paid. So they get all the sweat, tears and blood on what my house increased to???

    If this makes sense, please let me know.

    3. Of course every knows we somehow voted for a $3.80 fee to come into the city. This is a new penalty for driving, but if you didn’t know, just wanted to summarize!

    New development downtown is NOT required to include any parking. This to make Seattle carless.

    In addition the city is planning on a 1.1cent a mile in addition to the gas tax.

    Now I don’t know about anyone elses neighborhood, BUT Lisa Herbold has blocked any work in our neighborhood due to a heated debate about her lying to our neighborhood about fixes that have never occurred.
    Lisa likes to tell everyone she didn’t vote for a sugar tax that they recently tried to pull into the General fund (after selling as a fund for the elderly and fighting childhood obesity) but she forgets to tell everyone that she said NO, because they would not also include Diet drinks.

    Not sure why jenny durkan vetoed it….its revenue?

    Lisa has become what we had HOPED to rid ourselves of. it doesn’t seem to matter where the council lives, they always write in little “but not city council members” rules to keep them from experiencing the pain.

    When will West Seattle have a true champion. She has voted every tax increase on the books, we know she has used her power to block us from getting city services in our neighborhood.

    4. In 1985 Seattle, granted homeowners OWNERSHIP RIGHTS to the sidewalk with a built-in right of way for your neighbors and strangers to walk through.

    If YOU do not maintain, YOU are liable for any injuries someone may have.

    If you want to fix the sidewalk, you are required to get a permission via “Paying for a permit”. Lisa was overheard saying, “this is a GREAT idea! Just ask her.

    Just a friendly did you know.

    #956035

    TSurly
    Participant

    If you are going to rant, at least be factually correct. It’s King County, not the City of Seattle, that collects sales tax on real estate transactions. And your friend did not pay $48,000 in sales taxes on a $750,000 sale. He paid up to the maximum rate allowed under state law of 1.78%. so a max of $13,350. Either you are full of it or he is.

    If your going to lay blame, at least do it correctly.

    • This reply was modified 3 years, 1 month ago by TSurly.
    • This reply was modified 3 years, 1 month ago by TSurly.
    #956043

    WSB
    Keymaster

    Not to mention, you mention “fees” that are absolutely nonexistent. (Fee to “come into the city,” per-mile fee, etc.) Politics can be ugly but criticize someone based on facts, not by making things up. Also, this belongs in the “politics” section, not “open discussion.”

    Regarding real-estate taxes, not knowing your friend’s address, I looked for a comparable example. Found a recent $775,000 home sale (per “recently sold homes” on Redfin), 4518 SW Wildwood. Publicly available records via the King County Parcel Viewer show that excisetaxes on that sale were $13,800 total – $9,920 state, $3875 local (county).

    TR

    #956056

    buttercup
    Participant

    Thankyou Tracey and Tsurly for advising us of the truth. I don’t know about these things and I appreciate knowing the truth.

    #956058

    newnative
    Participant

    When someone repeats themselves, can’t seem to write complete sentences and mixes up jurisdictions, you have to wonder what flavor Kool-Aid they’re drinking.

    #956075

    Michael Waldo
    Participant

    Amen New Native. I could hardly follow the rant. Not sure what the point was except he doesn’t like Herbold. What the heck is floating grass?

    #956399

    gxnx
    Participant

    Hey don’t like it, move, move to Topeka or Wichita.
    Nobody is forcing you to stay where you are at. This is America,the home of the FREE….
    You are welcome to live anywhere in this big piece of land in USA

    #956425

    Talaki34
    Participant

    I don’t care if the OP made a coherent statement and I am not interested the op’s political thoughts. What I am concerned with is the statement of “MOVING” somewhere else.

    Agree or disagree with what the individual is saying, but stop suggesting anyone should go elsewhere to live. That is of course, unless you are looking in the mirror.

    #956477

    gxnx
    Participant

    The reason you live here is the same reason why people are moving to this area.
    Just pay up and move on.

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