For the most part, the taxes levied on a mobile/manufactured home classified as personal property are somewhat similar to real property. The same property tax classification rates, overall tax capacity extension rates, market value tax rates, and applicable tax credits apply to both property types consistent with the respective payable year. Other than differences in valuation attributable to land and perhaps the presence of auxiliary improvements, the only dissimilarities are in the issuance of the tax statement and when the tax bill becomes due.
A mobile/manufactured home classified as personal property is assessed and taxed in the current year, whereas a mobile/manufactured home classified as real property is assessed in the current year and taxed in the next year. The title holder of a mobile/manufacture home, as of January 2nd in the year the taxes are due, is sent a personal property tax statement and the fee owner of real estate on January 2nd is sent a real property tax statement.
