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How high and when do taxes go up after a sale.

This has been a question I had for a while. Suffolk county NY to be more precise. I see a house I’m offering on the last tax assessment was 2023 at 495k. The yearly taxes are $12,700. I am offering 580k. When do the taxes go up? If so is there a yearly cap to them?

I know there’s yearly increases on every property roughly about 3 percent. That I get. I’m more concerned to see an insane jump. Being at the top of my budget this is something that can make or break me. My realtor in the past told me that taxes on 1 house don’t just get reassessed tho. I was told the town reassesses 1 whole area at a certain time, so everyone’s taxes go up.

Truth or no? Please help me out with some info.

submitted by /u/Kawirider2
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source https://www.reddit.com/r/RealEstate/comments/1hdafg5/how_high_and_when_do_taxes_go_up_after_a_sale/
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