The 1% annual for my property is $3321. Voter added cost add 821.06 for Schools, Mello Roos, Buses and Parks = 4142.56. But they never tell you about the non-voter approved taxes $1577.26 = GRAND TOTAL of $5919.82.
So in the real world, its double. Berkeley tax = 2%.
6 grand is a lil higher than 3 grand and it is closer to 2% than 1%.
Generally, Property tax is approx 1.25% of your purchase price, but it can defer in different counties.
Click on the link below for Alameda County Tax calculator, trust this will help. Yes property taxes can go up due to any parcel taxes or measures passed within the City or County. Trust this helps.
Be well and have a great day.
I got it.
If I buy a property that cost me $100000 nowadays.,but this property was sold in 2006 near $500000, the property tax in 2008 is around $7000.
I just wonder the property tax will be lower to $2000, or same as $7000 or even more for next year?