JD MOSHIER | REMAX ALL-PRO LANCASTER, CA REAL ESTATE
  • ABOUT
  • BUYERS
  • SELLERS
  • FEATURED LISTINGS
  • CONTACT
  • Blog
661-754-6294 

Real Estate News & Updates

How Property Taxes are Determined

2/19/2020

0 Comments

 
       

    Have you ever wondered how property taxes are determined? 
      
      Property taxes are governed by California State Law and collected by the county Assessors office. The county assessor must first assess the value of your property to determine the amount of property tax.

      Generally the assessed value is the cash or market value at the time of purchase.  This value can not increased more than 2% per year until the property is sold or new construction is completed on the property.  The Auditor/Controller applies the appropriate tax rates, which include the general tax levy, locally voted special taxes and city or district directed assessments.

       The Tax Collector prepares the property tax bill based on the Auditor/Controller's calculations then distributes the bill, and then collects the taxes.


    Can You Disagree with the Amount?

       You may apply to the Assessor to see if that office will change the evaluation. Additionally, Appeals Boards have been established for the purpose of resolving valuation problems. Appeals on regular assessments may be filed between 02-July and 30-November.

      For Supplemental or Adjusted Property Tax Bills,  a form appeal may be filed within 60 days of either
1. The mailing date printed on a Notice of Assessed Value Change.
2. The date of the mailing printed on the tax bill
3. The postmark date for the tax bill, whichever is later!

   Did You File an Appeal...,  Remember to Pay the Appropriate Tax in FULL.

      If you do decide to choose an appeal, You must pay the disputed tax installments in Full by the appropriate deadlines or you may incur penalties on top of the tax. If your appeal is granted, A refund will be issued to you.

  Do you have questions? Call me.

JD Moshier 
 
        
0 Comments



Leave a Reply.

    Picture
    JD Moshier
    RE/MAX REALTOR®


    661-754-6294​
    CONTACT NOW > 

    Archives

    February 2020
    February 2019
    December 2018
    November 2018
    May 2018
    April 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    March 2017
    February 2017
    September 2016

    Categories

    All

    RSS Feed


    ©JD Moshier. All Rights Reserved. RE/MAX Agent Licensed in CA DRE: # 1878403.
    ​
    ​Information Deemed Reliable But Not Guaranteed. Neither JD Moshier nor the service providers for JD Moshier are liable for any errors or inaccuracies in the information provided through this website. Equal housing opportunity. Each office independently owned and operated.
     | Privacy Policy

    If you are in need of assistance with navigating this site, please call

    661-754-6294 | Accessibility Statement
Powered by Create your own unique website with customizable templates.
  • ABOUT
  • BUYERS
  • SELLERS
  • FEATURED LISTINGS
  • CONTACT
  • Blog