Maria,

What is the tax rate?

The 2008 Real Estate tax rate was $1.20 per $100 of assessed value. For Example;
Real Estate valued at $225,000 is calculated by the following:
$225,000/100 = $2,250 x $1.20 = $2,700.00.

You access more information at: http://www.richmondgov.com/departments/assessor/faq.aspx

Are you looking to buy in Richmond, if you contact a Realtor to help with your search. I am currently tracking hundreds of great deal in Central VA, including Short Sales and Foreclosures. Let me know if you would like access to a free list.

Good luck,

Thanks,
Chris Capps, Realtor
Residential Real Estate Specialist

cell 804.896.6945
email chriscapps@oakstoneproperties.com

“It's Time to Expect More From Your Realtor®”

Good morning Maria. The tax rate for the city of Richmond, VA is $1.20 per $100 of value. A quick reference would be to take $382,000 as an assessed value. You would drop the last two zeros, making it 3820 and multiply by $1.20. That gives you $4584.00 in real estate taxes for that property for one year. I hope that I have answered your question.
Brenda Feria
Owner/Broker
Park Place Properties, Inc.
5604 Grove Avenue
RIchmond, VA 23226
804-285-2828 ext 3002 http://www.parkplaceprop.com
bferia@aol.com
Se habla espanol