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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I still want to know how a house purchased two years ago for $850K suddenly has a property tax of $18K a year.  I went to the MoCo property tax database, chose a random house (in CCMD) that sold in 2020 for $850K, their TOTAL TAX OWED in 2021 was $8152.33.  Nowhere close to $18K.

TAX DESCRIPTION	ASSESSMENT	RATE	TAX/CHARGE
STATE PROPERTY TAX 	685,767	0.1120*	768.06
COUNTY PROPERTY TAX 	685,767	0.9905*	6,792.53
SOLID WASTE CHARGE 		478.2400	478.24
WATER QUAL PROTECT CHG 			113.50

TOTAL			8,152.33

[/quote]

[b]I've been assuming that OP is in an incorporated area that charges a separate property tax,[/b] because otherwise the numbers don't make any sense.[/quote]

Okay fair enough.  So I just pulled up a house in the Town of Somerset (incorporated area of CCMD) . The house sold for $990K in 2020.  Their 2021 property tax is $13K . The additional tax for Town of Somerset is $1100.40.  Again, none of what OP posted makes sense, and it just doesn't add up.

TAX DESCRIPTION	ASSESSMENT	RATE	TAX/CHARGE
STATE PROPERTY TAX 	1,100,400	0.1120*	1,232.45
COUNTY PROPERTY TAX 	1,100,400	0.9905*	10,899.45
SOMERSET PROPERTY TAX	1,100,400	0.1000*	1,100.40
SOLID WASTE CHARGE 		38.0700	38.07
WATER QUAL PROTECT CHG 			113.50
TOTAL			13,383.87[/quote]

I think the math works in Takoma Park, their local rate it a lot higher. [/quote]

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