The Assessing Department’s responsibility is to maintain and update all of the property tax assessment information within the borders of Superior Township. Paula Calopisis is trained to determine the value of all real and personal property within the township. A mass appraisal method is utilized using the sales of a neighborhood to adjust the values up or down according to the real estate market. This is then converted into a property assessment which is the major component in the computation of the homeowners’ property tax bill. The Superior Township assessor takes an oath to appraise and assess all classes of property in a uniform manner so the burden of taxation is fairly apportioned pursuant to the state law.
The Superior Township assessor and the appraiser estimate the value of the real property and all of the improvements. Calculations for land and improvement values are based upon State of Michigan standardized methods and techniques, so there is always a rational basis for the final determination of value.
Principal Residence Exemption
(Formerly known as Homestead Exemption): This is not the same “homestead exemption” you receive when filing your Michigan tax returns. Simply stated, if the property is your primary residence, you are exempt from some school operating millages. To check if you’re getting the lower tax rate, look for the line on your tax bill or assessment change notice that reads, “exempt as Principal Residence or Qualified Agricultural Property”. It should read 100%. To implement your principal residence exemption, Michigan Department of Treasury form 2368 (formerly T-1056) must be completed and on file at the Township.
An assessed value of property is 50% of its “usual selling price”. Assessments are determined by property sales occurring in the area during the past one year. Assessed value no longer determines property taxes.
With the passage of Proposal ‘”A” in 1994, the taxable value of Michigan properties can never increase more than 5%. The consumer price index (CPI) is published each October and is used as the taxable increase (if less than 5%) or decrease for the following year . Because the CPI increased in 2016, the taxable will INCREASE for 2017 by 1.009%. THE TAXABLE VALUE WILL BECOME THE SAME AS THE ASSESSED VALUE THE YEAR FOLLOWING A SALE. (It is no longer correct to think that your taxes will be similar to the sellers on your new home or vacant land.) The taxable value will again be “capped” by the consumer price index (or 5%) the second year after the sale. Your taxes and your neighbors taxes may vary greatly depending on the year the property was purchased.
Only the value of the new construction is added to taxes. Decks are assessed even if they are not attached to the home. A room addition or new garage to your home will not “uncap” the taxable value. Square footage costs vary depending on size of the building, foundation type, story height and quality of construction. The value of new construction is based on its percent of completion as of December 31st for the following tax year.
The assessing department has general information on all properties within the Township. This includes year built/remodeled, square footage, number of bathrooms, class (commercial, residential), zoning, legal description, land improvements, school districts, current owner, sales prices, assessed and taxable. WE DO NOT SHOW where the dwellings are located on the land; well and septic or water and sewer locations; easements or benchmarks. A survey is required for these items.
The department does not have the staff to visit each property yearly. At your request, we will inspect your home to verify our information. We do inspect all new construction and some properties that are sold.