Is property assessed at the price paid?

Deanna Clark

Last Update 2 lata temu

Not always. Real property is valued at its current market value on the date it changes ownership. In most cases, the sales price equals the market value less and General Common Deduction based on all Rossmoor properties. The 2023 and 2024 GC credits are $12,600 and $12,800. For questions regarding your tax base, contact the Assessor at 1-925-313-7400.  

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