Farm Description

1. Medina County Cauv Program Ohio Application
2. Medina County Cauv Program Ohio State

36 acres of land for sale in Medina County, Ohio. This property boasts a nice mix of timber and tillable ground. About 20 acres of the property is in a beautiful, wooded creek bottom. Much of the remainder is open and tillable. There are a lot of deer using this one. Located only a few miles from Medina.
Additional property features include Public water
Great wildlife habitat
Close to restaurants and shopping
Great deer hunting
Small flowing creek in the front
Mallet Creek also runs through a portion of the property
Nice mix of timber and open ground
Build-able within pipeline and gas-line guidelines
Some mast producing oaks.
Approx. 400 ft. of frontage on Beck Rd.
Marketable timber
33 miles from Cleveland
22 miles from Akron
GPS coordinates 41.1648, -81.9519
Income from farming lease
Currently enrolled in the Cauv program to reduce taxes
Here is your chance to own a nice recreational property or build a new home. Annual taxes are approximately $482.90. Mineral rights owned by seller will transfer to buyer. Call today.

More Farm Details

Events for week of May 9, 2021 This Week Navigation « Previous Next ». MEDINA, Ohio— Many Medina County agricultural landowners may be surprised when they open their 2014 tax bills. Soil type determination For those on Current Agricultural Use Values (CAUV) program. 2019 Medina County Regulations Purchase Ohio Code Books from ICC) State of Ohio link to LAWriter free access posting of OBC Ohio Administrative Code (OAC) 4101:1, OMC (OAC 4101:2), and RCO (OAC 4101:8).

Beck Rd, 36 Acres, Medina County. View this farm for sale with 36.483 acres by Medina in Medina County, Ohio 44256. Contact Mossy Oak Properties Bauer Real Estate Company to learn more about this farm. FARMFLIP #268727. If you do not renew your application, the Medina County Auditor's Office is required to value the property at its true or current market value and to recoup the taxes for the past three years. Land that is removed from the CAUV program is charged a recoupment.

Medina County Cauv Program Ohio Application

For more information on how to calculate your real estate taxes, check out How to Compute Your Tax Bill.

Medina County Cauv Program Ohio State

1. Determine the assessed value
   Formula: (Appraised Value) x 35% = Assessed Value
   Example: $100,000 x .35 = $35,000
2. Example: $100,000 x .35 = $35,000
   Divide (Assessed Value) in half to Calculate Half-Year Tax Bill Amount.
   Formula: (Appraised Value) / 2 = Assessed Value (For Half-Year Tax Bill Calculation)
   Example: $35,000 / 2 = $17,500
3. Calculate the gross tax
   Formula: (Assessed Value x (Full Rate) = Gross Tax (for Half-Year) / 1,000
   Example: $17,500 x 96.15 / 1,000 = $1,682.63
4. Calculate the reduction factor credit amount
   Formula: (Gross Tax) x (Reduction Factor) = Credit
   Example: $1,682.63 x .392630 = $660.65
5. Reduce the gross tax by the reduction factor credit amount
   Formula: (Gross Tax) - (Reduction Factor Credit) = Adjusted Tax
   Example: $1,682.63 - $660.65 = $1,021.98
6. Calculate the rollback credit amount
   Formula: (Adjusted Tax) x (Rollback) = 10% Rollback Reduction
   Example: $1,021.98 x .10 = $102.20
7. For Owner-Occupied Residential Properties, there is an additional 2.5% Rollback.
   Formula: (Adjusted Tax) x (Rollback) = 2.5% Rollback Reduction
   Example: $1,021.98 x .025 = $25.55
8. Reduce Adjusted Tax by Total Rollback for Half-Year Tax Amount.
   Formula:
   (10% Rollback) + (2.5% Rollback) = Total Rollback Reduction
   (Adjusted Tax Amount) - (Total Rollback Reduction) = Total Half-Year Tax Amount.
   Example:
   $102.20 + $25.55 = $127.75
   $1,021.98 - $127.75 = $894.23
   Half Year Tax Amount: $894.23 (Billed Semi-Annually)
   Full Year Tax Amount: $1,788.46