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What is the annual cost for real estate taxes on a vacant lot?

April 26, 2017annual COST Real Estate taxes vacant

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What is the annual cost for real estate taxes on a vacant lot?

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Real estate taxes are based upon the assessed value of a lot so what you paid for the lot will impact the annual tax amount. Generally speaking, real estate taxes for a lot with an assessed value of $100,000 would run about $950 or less. Please consult the Becker County Assessor for more information on this topic.