Loch Sheldrake, Sullivan County, New York Property Taxes

Name: Property Tax Bills Across Loch Sheldrake, Sullivan County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Loch Sheldrake, NY effective property tax rate: 1.89%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Loch Sheldrake, NY home value: $149,036
Median annual Loch Sheldrake, NY tax bill: $3,033, $633 higher than the national median property tax bill of $2,400.

How are property taxes in Sullivan County calculated?

Property taxes in Loch Sheldrake, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Loch Sheldrake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Loch Sheldrake, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Loch Sheldrake, Sullivan County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.89%

Estimate Property Tax Bill

$2,817

$2,614

Ownwell’s Loch Sheldrake Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Loch Sheldrake with just two data points.

By entering your property's estimated assessed value, our calculator applies Loch Sheldrake’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Sullivan County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Sullivan County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Loch Sheldrake, Sullivan County, New York

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Loch Sheldrake, located in Sullivan County, New York, the property tax landscape reflects this process. With a median property tax rate of 1.89%, it stands significantly higher than the national median of 1.02%. This elevated rate means that property owners in Loch Sheldrake may find themselves paying more in property taxes compared to other regions in the U.S. However, it is important to consider the services and infrastructure that these taxes support, potentially adding value to the community. By understanding the effective property tax rate in Loch Sheldrake and comparing it to the median rates in New York and nationally, property owners can make informed decisions about their investments and financial planning.

Property Tax Rates Across Loch Sheldrake, Sullivan County, New York

Source: Ownwell

0.99%

1.95%

2.90%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Loch Sheldrake Tax Rate

1.89%

Median Effective Sullivan County Tax Rate

1.60%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Loch Sheldrake, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12759	1.53%	1.76%	1.89%	2.22%	3.90%

Source: Ownwell

Property Tax Assessment Values Across Loch Sheldrake, Sullivan County, New York

When examining property taxes in Loch Sheldrake, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Sullivan County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Sullivan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Loch Sheldrake. For example, the median home price in Loch Sheldrake is $149,036, with tax bills ranging significantly across the county. Zip code 12759 has the highest median home price at $149,036.

Property Tax Assessment Values Across Loch Sheldrake, Sullivan County, New York

Source: Ownwell

$97,822

$200,889

$303,956

Median Loch Sheldrake Market Value

$149,036

Median Sullivan County Market Value

$159,121

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Loch Sheldrake, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12759	$67,234	$104,214	$149,036	$183,774	$242,985

Source: Ownwell

Property Tax Bills Across Loch Sheldrake, Sullivan County, New York

In Loch Sheldrake, located in Sullivan County, NY, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value determined by the local tax assessor. Homeowners in Loch Sheldrake face a median property tax bill of $3,033, which is above the national median of $2,400. This is due to the tax rate and the assessed values in the area. The 25th percentile tax bill is $2,046, while the 75th percentile reaches $3,824, and the 90th percentile can be as high as $4,974. These figures illustrate the variability in tax bills, largely influenced by property values and tax rates. Homeowners can potentially reduce their tax burden by appealing their property assessments. Ownwell offers expert property tax appeal and exemption services, helping homeowners ensure their properties are fairly assessed. By leveraging Ownwell's expertise, homeowners can potentially lower their property tax bills, ensuring they are not overpaying based on incorrect assessments.

Property Tax Bills Across Loch Sheldrake, Sullivan County, New York

Source: Ownwell

$441

$4,134

$7,826

Median Loch Sheldrake Tax Bill

$3,033

Median Sullivan County Tax Bill

$2,467

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Loch Sheldrake, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12759	$1,417	$2,046	$3,033	$3,824	$4,974

Source: Ownwell