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Updated about 9 years ago on . Most recent reply presented by

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30
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6
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Navya Rajput
  • Westborough, MA
6
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30
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How to calculate the tax

Navya Rajput
  • Westborough, MA
Posted

Hi I am looking for a way to calculate the taxes for the properties that I am evaluating. For eg If I am looking for property in Worcester, MA. I am looking at this site http://www.worcesterma.gov/finance/assessing. But the numbers doesn't match with the zillow's estimates of per month taxes on the property. Please can anyone tell me the correct way to calculate the taxes on the property?

Thank you :)

Regards

Navya

Most Popular Reply

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42
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15
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Jason Green
  • Residential Real Estate Broker
  • Birmingham, AL
15
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42
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Jason Green
  • Residential Real Estate Broker
  • Birmingham, AL
Replied

In my state we have a millage rate based on assessed value. The trick is trusting that the value has been assessed correctly. In Alabama, you can dispute a valuation and if you can back it up, you get your bill lowered.

Based on the worcesterma.gov website, it looks to me like you would simply search by address and find the assessed value. Divide by $1000 then multiply by $20.61 to get your tax numbers.

http://www.worcesterma.gov/e-services/search-public-records/property-values

FYI, Zillow is to real estate what WebMD is to the medical world. It can rarely be trusted.

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