Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply presented by

User Stats

62
Posts
6
Votes
Alison Michel
  • Real Estate Investor
  • Silver Spring, MD
6
Votes |
62
Posts

Property tax calculator?

Alison Michel
  • Real Estate Investor
  • Silver Spring, MD
Posted

Hi BP,
I'm trying to calculate Baltimore City property taxes. According to http://livebaltimore.com/city-living-essentials/property-taxes/,

Current (July 1, 2013 to June 30, 2014) tax rates:

  • Baltimore City: $2.248 for every $100 of assessed property value
  • Maryland State: $0.112 for every $100 of assessed property value

So, I'm terrible at math but it seems like I should be able to take an assessed property value, divide by 100, then multiply that times 2.36.

But then when I calculate the taxes based on tax assessment, for example, in this listing: http://www.zillow.com/homedetails/322-E-33rd-St-Baltimore-MD-21218/36477903_zpid/, and trying a few years' worth of assessments and taxes, I get a number that is about $50-55 off.

What's up??

Thanks!

Alison

Most Popular Reply

User Stats

2
Posts
1
Votes
Heidi Rockwell
  • Involved In Real Estate
  • Hillsboro, OH
1
Votes |
2
Posts
Heidi Rockwell
  • Involved In Real Estate
  • Hillsboro, OH
Replied

Multiply it by .02248 Baltimore

Multiply it by .0112 Maryland

Loading replies...