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Trulia Sacra…, Home Buyer in Sacramento, CA

How does a prospective home buyer find out what the local property taxes will be?

Asked by Trulia Sacramento, Sacramento, CA Thu Nov 1, 2012

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To find out how much the current property taxes of a certain property, you can go to the county tax collector website. In Sacramento that would be : http://www.eproptax.saccounty.net/
It will also tell you whether the bills have been paid.

The access is based on APN no. To find out the APN no using an address use the GIS viewer from the assessor's office: http://assessorparcelviewer.saccounty.net/GISViewer/Default.aspx

Typically the property taxes (without special assessment) would be around 1.2+% range.
However, in areas like Elk Grove, there are special assessments like Mello Roos, which can add quite a bit. It is not atypical to have Mello Roos/special assessment for $2,000 or more per year.
Generally, most newer properties have some form of mello roos in Sacramento area.

The past year property taxes, as well as their assessed values, can also be viewed at websites like zillow.com
0 votes Thank Flag Link Thu Nov 1, 2012
There are math formulas that I use to estimate future tax bills (after the reassessment) for my own clients. I have a small margin of error for these estimates. They are way too algabraic to write here.
0 votes Thank Flag Link Thu Nov 1, 2012
Jim Walker, Real Estate Pro in Carmichael, CA
MVP'08
Contact
It is still wise to review the current tax bill via, the internet or current seller, so you can see the current bonds and assessments. Then add 1% of the purchase price. That should give you a great estimate as to what you would potentially pay :)
0 votes Thank Flag Link Thu Nov 1, 2012
The prorated property tax that the buyer pays at the close of escrow is based on the assessed value at the time of the sale. Once escrow has closed, the property will be reassessed based on the purchase price and the next property tax bill should reflect the tax on the new assessed value. The base rate is 1% of the purchase price and then you pay special assessments in addition to that. You can look up the current tax bill by going to the county tax collector's website and conduct a search using the parcel number. The special assessments will be listed separately which makes it relatively easy to estimate what the future tax obligation will be (i.e., 1% of the purchase price plus special assessments). I hope that helps.
0 votes Thank Flag Link Thu Nov 1, 2012
Ute Ferdig -…, Real Estate Pro in Newcastle, CA
MVP'08
Contact
Historical property tax information in easily available to agents through online services like Realist.com. After the purchase of a home the buyer will likely continue paying the old tax rate until the local assesor gets around to adjusting the tax bill based on the new purchase price. At some point, sometimes a year or longer, they will issue a supplemental tax bill that either charges you the increaded amount or credits you the decreased amount. If you have an impound account for taxes and insurance your lender will make these adjustments.
0 votes Thank Flag Link Thu Nov 1, 2012
You can look up the present tax bill by using the APN number and entering it on the tax assessor's website but that won't tell you the new property taxes. It will give you the present property taxes. All homes in California are reassessed after sale according to our old friend, Proposition 13.

You can estimate the annual taxes by multiplying the sales price times 1.25%.

Elizabeth Weintraub
Broker-Associate #00697006
Lyon Real Estate
0 votes Thank Flag Link Thu Nov 1, 2012
It's public information. Your agent will be able to tell you from the tax records.
0 votes Thank Flag Link Thu Nov 1, 2012
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