On December 21st, the Marin Independent Journal reported that a Belvedere home sold for $65 million. $65 million for a house. Imagine that! I don't think we are talking home here.
But here's the kicker. They will pay no property tax. Why? It is designated historic. One can just imagine what is left that is historic. We just walked by a house in our neighborhood that is supposedly a remodel. There is not one thing left that is old, but it means their property taxes will not go up in the same way they would if it were proclaimed as it is, a scraper and new house.
I have lived in this house thirty years. I am aware my property taxes are ridiculously low. I am also aware that any dramatic increase would have to be phased in, or some people would lose their homes, and that would make the housing mess even worst than it is.
There are surely solutions, and surely the $650,000 in property taxes that this house should be paying this year and the next, would keep open a few state parks in Marin. I cannot believe that the jewel of Heart's Desire requires much maintenance a year, but imagine not having the little sweetheart with its dainty little beach resting there awaiting our visits to restore our sanity and peace.
Come on, Governor. Wake up!! Right here is $650,000. This cannot be the only loophole sitting around.