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Updated about 4 years ago on . Most recent reply

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38
Posts
14
Votes
Loid Danga
14
Votes |
38
Posts

Extremely low property tax on Montgomery county data base.

Loid Danga
Posted

Hi Everyone,

I am fairly new to the BP and real estate investing. I am analyzing this SFH in Silver Spring, MD and i notice that on the MD county property tax data base the amount estimated for 2021(annual) is $482 which is extremely low for a $425k house(realtor.com). Realtor.com tax history also shows that annual amounts due have always been less than $500 since 2010(period covered). Does anyone know what could be the rationale for the low property taxes?

Thanks, Loid

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