Home Buying in Oakland>Question Details

Liliarose, Home Buyer in Oakland, CA

Can anyone tell me the annual property tax rate for the city of oakland, ca?

Asked by Liliarose, Oakland, CA Thu Sep 16, 2010

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11
You can go to this link and type in address of property to get current estimated value and tax rate
https://www.acgov.org/ptax_pub_app/RealSearch.do
1 vote Thank Flag Link Thu Feb 2, 2012
Depending on area, and added extra's, between 1.38 and 1.439 I believe. A good resource as was mentioned by Christy, the city of Oakland website.
Kind regards
A
0 votes Thank Flag Link Thu Feb 2, 2012
Hello Liliarose,

You should estimate approx. 1.5% of the purchase price. Also, please do not forget that many properties these days come with supplemental taxes that can vary. Before you purchase any property, look at a previous tax bill to see what you are getting into. Please also make sure you are working with an experienced Realtor. We are all here to assist you. Good luck :)

Kamal Randhawa
Broker
510-932-1066
0 votes Thank Flag Link Sun Sep 19, 2010
Hello,

The actually property tax will vary depending on the area where you looking. From my experience and good rough estimate is 1.5% in Oakland. Different local measures (Library, schools, etc) can add to the property taxes above the base rate that is applied to all properties in CA. If you are looking at a particulat property, you can actually look up the tax information on http://www.acgov.org/propertytax/.

Keep in mind your property taxes will be based on the purchase price of the home. If you are working with a lender, they should also be able to help you calculate the property taxes for a particular property.

Hope this helps!

Lisa Cartolano
Alain Pinel Realtors
0 votes Thank Flag Link Thu Sep 16, 2010
Hi Liliarose,

As far as I know the property tax of city of Oakland is 1.33%. It's true as the other agent Nicholas has said to best call the Assessor's office in Oakland at 510-272-3755 to find out the most updated info. The Oakland Assessor's office address is: 1221 Oak St. Oakland, Ca.

Good Luck to you!
0 votes Thank Flag Link Thu Sep 16, 2010
In California, the maximum amount of tax on real estate is limited to 1% of the full cash value, plus any other voter approved measures of the community or special property tax such as a "Mello-Roos" assessment. Because of this, we have higher property tax rate than most other cities in the Alameda County. We are at about ~1.33%, more detailed information can be found here.

http://www.eastbayconservative.com/2008/10/31/oakland-where-…

Hope that helps!
0 votes Thank Flag Link Thu Sep 16, 2010
Hi Liliarose,

This link explains how the TOTAL tax bill is calculated for the specific property you are considering (also covers supplemental tax bills when you buy a property and the Prop 8 tax reduction process): http://www.trulia.com/blog/steve_ornellas_mba_re_mastersgri/…

As Trish points out below, property taxes are based on 1% of the purchase price/prior year's value; however, there a few other items that can increase the bill, depending on your location. I have seen total annual tax range from 1.1%-1.73% here in the Bay Area.

Best, Steve
0 votes Thank Flag Link Thu Sep 16, 2010
If your purchasing a home you are looking at an anual property tax rate of about 1.26-1.28 % of the purchase price of the home. Your property tax bill will have a property tax plus any additonal parcel taxes in Oakland that cover schools etc. If you get into contract on a property your title company should be able to figure out an exact amount for you.

Your taxes will be a little goofy at first because your first tax bill ma show the properties old assesed value because it takes time for the county to re-figure your taxes. So if the assesed value of the property was 200k for the old owners and you pay 400k for the property. You will get a bill for the difference in the few months after you buy the property. If you pay 200k for a property that was valued at 400k eventually the county will send you a check for an over payment and the new value will be reflected in your future bills.

Because of proposition 13 your assesed value can not be raised more than a certain percent in the future I don't remember the amount at the moment. Here is a link to the county of Alameda for more info. http://www.acgov.org/assessor/

Hope that helps

Troy
Web Reference: http://www.troystaten.com
0 votes Thank Flag Link Thu Sep 16, 2010
To be 100% sure, you're better off CALLING the city directly to get the answer. You never know when a website may be up to date or not.

Hope this helps and good luck :)
0 votes Thank Flag Link Thu Sep 16, 2010
Hi Lillarose:
Here is the ACGOV website: http://www.acgov.org/, and the City website: http://www2.oaklandnet.com/
I believe it is about 1.4285, but check with the city.
Antoine
0 votes Thank Flag Link Thu Sep 16, 2010
Hi L,
1.0 percent of purchase price across the board in California. Add another approx. .4 percent for City of Oakland special assessments, i.e., parks, library, schools, etc. Also Oakland has a one time transfer tax and so does Alameda County.
0 votes Thank Flag Link Thu Sep 16, 2010
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