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Please simply California property taxes

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sanderson

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Post Posted: Sat Aug 16, 2008 5:27 pm    Post subject: Please simply California property taxes
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Here is a senerio:

A Los Angeles home:
-sold for $565,000 in 2005.
-2007 Property Tax: $7,243
-sold for $328,000 in June, 2008
-for sale for $299,000 currently

So what will I pay in property tax if I buy this home for $275,000?

thanks Razz

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Post Posted: Sun Aug 17, 2008 4:40 pm    Post subject:
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275000 x 1.3% = 3575 divided by 12 = 298 a month
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