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Old 02-27-2012, 12:51 AM
 
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Quote:
Originally Posted by WestieJeff View Post

CA property tax rate is around 1% of market value. Their property values are higher, but rate wise we're close.


I bought my home a couple of years ago and my California tax rate is over 1.5% of assessed value and closer to 2% of market value...

1% is the Statewide rate and then add county, city and special assessments
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Old 02-27-2012, 01:58 PM
 
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How accurate is taxable value (taxable value = assessed value / .35) as an estimate of the value of a house? Compared to Zillow's estimates, which would usually be more accurate?

I'm guessing taxable value would usually be slightly less than actual value to avoid protests from home owners who think their property tax is higher than it should be.
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