Home Buying in Albany>Question Details

Walt Howard, Other/Just Looking in 12831

Information regarding property tax in Albany, New York area.

Asked by Walt Howard, 12831 Sun Jul 22, 2007

What is the property tax rate around Albany? When a house is sold, is the tax rate automatically recalculated to reflect the new value of the house (the price it sold for)?

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1
Walt,

The tax rate per assessed thousand varies from township to township you can call the local tax assessor or ask a qualified Realtor to get the assessed rate that your home is being calculated at. Communities don't reassess the value of a home based on the sale of that home unless we are talking about new construction in this case the assessed valued is placed on the sale price of the house. From time to time counties will reassess the whole community to buster up the tax roles!
0 votes Thank Flag Link Tue Sep 11, 2007
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