slides: Tour Taylor Swift’s $17.75M RI Mansion in Watch Hill

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Tuesday, April 30, 2013

GoLocalWorcester Real Estate Team

Everyone knows by now that Taylor Swift paid cash for her new Rhode Island digs in Watch Hill, but GoLocal wanted to know more. With a current assessed value of $12,415,400, and a Westerly tax rate of $9.34 per thousand, Taylor has a real estate tax for 2012 of $115,960 or $9,663.32 per month.

According to Arthur Chapman of William Raveis, the state of Rhode Island is already feeling the economic impact of Swift's purchase. "At the closing," Chapman said, "the State of Rhode Island collected $49,662 in transfer tax. Will that solve the pension problem?"

Check out some inside views of Taylor's new digs. 

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