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Property Tax Update - San Francisco, CA

September 19, 2011

"San Francisco property owners will have to dig a little deeper into their pockets come December and April when Property Taxes are due.

The city is raising property tax in accordance with Proposition 13 which allows for a cost of living adjustment of property values.  This year the state has approved a .753% increase.  (The only other time property taxes change in San Francisco is upon the sale of a property when the value is re-assessed).

The property taxes in San Francisco will increase to $1.1718 per $100 of assessed value.  This is expected to boost the total property tax revenue in SF to $1.33 billion this fiscal year..."

...Read this article and more in the new issue of MarketTracker, provided by Zephyr Real Estate. Also in this issue:

  • Most Recent Sales
  • San Francisco Market Overview
  • Dolores Park and Stow Lake Improvements
  • Glen Park is Heating Up

Want Zephyr Market Tracker in your inbox every 2 weeks? Sign up for local San Francisco real estate updates for neighborhoods like Noe Valley, Bernal Heights, Hayes Valley, Mission Bay, Mission Dolores and all SF neighborhoods?

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View Full Street Address SAN FRANCISCO, CA 94114 (415) 528-7355 ©2011 VIVRE REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY. ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY REVIEWED AND VERIFIED.
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