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Updated almost 11 years ago,
Property tax calculator?
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