Bartlett Real Estate » Buyers » Property Tax

Property Tax

The tax year runs from July 1st through June 30th. San Francisco Property tax is payable in two installments (delinquent December 10th and April 10th). The Property Tax Rate for the City and County of San Francisco is currently set at 1.16490% of the assessed value for the 2010-2011 year. The assessed value is initially set at the purchase price. The tax rate changes every year so the amount of property tax you pay could rise or fall each year.

Here are some helpful links:

Buyers are responsible for paying the annual property tax on their new home based on the purchase price. In the likely event that you close escrow in the middle of a tax period, the escrow company will calculate the appropriate prorations of property tax and credit or debit the Buyer and Seller accordingly.

What should I expect to pay in property tax?

Enter the sales price of the property? $
   
Estimated Property Tax $