Property taxes are calculated
by multiplying the Tax Rate by the Taxable Value.
For the home below, the
City of Lansing Homestead tax rate (45.9519),
is multiplied by the property's
Taxable Value of $21,789 (to the next thousand =
22).
45.9519 x 22 = $1,010 Tax rate x Taxable Value =
Tax
Note: When the property changes hands, the
new Taxable Value will be based on
State Equalized Value. Use that figure for
calculating your annual taxes.
REAL
ESTATE
Lansing, East Lansing, Okemos, Haslett,
Williamston, DeWitt, Bath, Perry, Holt, Mason,
Leslie, Dansville, Stockbridge,
Webberville, Grand Ledge, Charlotte, Olivet,
Potterville, Eaton Rapids, St. Johns,
Laingsburg, Owosso, Portland
1651 West Lake Lansing Road, East Lansing,
Michigan 48823
Office:
517-324-3200
Fax:
517-324-3201
Toll Free:
877-326-3772
Email:
Lawtongroup.com
Member of the Greater Lansing Association of
Realtors
Michigan Association of Realtors
National Association of Realtors
Realtor.com
