Showing posts with label property. Show all posts
Showing posts with label property. Show all posts

Wednesday, December 15, 2010

Mobile County property tax deadline is Dec. 31

Published: Tuesday, December 14, 2010, 6:00 AM

MOBILE, Ala. -- Mobile County property owners have until Dec. 31 to pay their taxes without penalty, Revenue Commissioner Marilyn Wood said.

Penalties and interest will begin to accrue starting Jan. 1, Wood said. Property tax payments can be made using any of the following:

  • Cash.
  • Visa, MasterCard or Discover credit cards; a 2.4 percent convenience fee will be added.
  • Visa debit card; a $3.95 flat fee will be added.
  • Online using an electronic check; no additional charges apply, Wood said.

Residents who have not received their tax bills should either call the Revenue Commission office at 251-574-8530 or 251-574-8545, or go to the website, www.mobilecopropertytax.com.

The Revenue Commission’s main office on Michael Boulevard will be open Dec. 31 from 8 a.m. to 5 p.m. That schedule includes all satellite offices, except the one in Citronelle, which will be closed, Wood said.

Some property owners are going to pay more this year, despite the economic downturn.

“The value that we come up with is through the comparative sales analysis,” Wood said, adding that some areas will see an increase in their tax bills, while others will not. “Each area is completely different from the other one.”

Don Epley, director of the Center for Real Estate Studies at the University of South Alabama, said the “local tax assessor has to follow the rules that are given by the state revenue department. And the state revenue department has to follow the procedure established by the Legislature.”

Wood said the Deepwater Horizon oil spill will not affect the property taxes collected this year, although “we’re going to have to wait and see for 2011.”

“We don’t see a dramatic effect from the oil spill in Mobile County,” she said.

Officials in Baldwin County have said that the oil spill has affected sales taxes, but they will not know until next year what effect the spill will have on property tax revenues.

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Tuesday, November 30, 2010

Commissioner waiting for land sale to pay property tax

Published: Thursday, November 25, 2010, 9:03 AM

BAY MINETTE, Alabama — A $75,000 Fairhope parcel owned by Baldwin County Commissioner Tucker Dorsey sold at auction last spring for unpaid 2009 property taxes totaling $740.96, according to county tax records.

Baldwin County Revenue Commissioner Teddy J. Faust confirmed this week that Dorsey has an unpaid bill on the lot in Fairhope delinquent since Jan. 1.

Dorsey said the unpaid bill isn’t an oversight.

“I am (aware of the unpaid bill),” Dorsey said in an e-mail Monday. “As you know, I’ve been in the development business most of my career. It has been for sale for a few years. I need to sell it to clear the delinquent tax. Feel free to make an offer.”

The property that used to be home to Baypoint Apartments on Mobile Street is part of a tract purchased by Dorsey and two partners in Jubilee Development in 2005, county records show. The partners purchased the land where the apartment complex once stood, starting demolition of the buildings soon after, according to a January 2006 story in the Press-Register. The lots were never developed, and the partnership eventually dissolved with each getting several vacant lots.

Faust said the county typically sends notices to thousands of landowners each year when taxes due on Oct. 1 don’t get paid by Jan.1. If taxes are still delinquent by May, the land gets sold at auction to pay the bill.

Faust said that during the auction properties sell at a minimum for taxes. Participants can bid up to 15 percent of the appraised value of the property above the owed taxes earning 12 percent interest on the bid amount.

For example, a waterfront lot located in an unincorporated area has an appraised value of $100,000. Buyers at the auction can bid the delinquent tax value of $560.00 plus $15,000 excess and earn 12 percent interest per annum on $15,560.00. Bidders purchase the property knowing landowners have three years to pay taxes and penalties and redeem the land. If the land gets redeemed, the bidders get a 12 percent return on the bid price and get their money back. If taxes aren’t paid by the deadline, bidders get a tax deed to the property and become the official owners.

According to the revenue commissioner’s Web site, bidders can go beyond the 15 percent value during the auction, but will only get paid interest on the lower amount.

Faust said his office typically advertises between 3,000 and 5,000 parcels for auction each year. If no one buys the land at the sale, Faust said, it gets turned over to Alabama Department of Revenue for collection. Faust said numbers could be higher this year as a result of the down economy, but land sold in the auction almost always gets redeemed eventually.

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