Realtor®
Real Estate services for Westlake Village, Agoura Hills, Thousand Oaks,
Oak Park, North Ranch, Lake Sherwood, Wood Ranch, Moorpark &
Calabasas

 

CALIFORNIA TAXES

California levies both property taxes and a state income tax.

California property tax amounts to 1% of the purchase price. Local governments can assess up to another .25%. Annual property tax increases are limited to no more than 2%; they are not based on a reassessment of the value of your property.

This low tax rate was established in the late 1970s by Proposition 13. Subsequent legislation—Propositions 60 and 90—may provide a tax savings to homeowners 55 and over who are moving between certain counties within California.

California state income tax is based on your taxable income. For a calculation, see the Franchise Tax Board’s Automatic Tax Table.

Understanding: Supplemental Property Taxes
They have been with us since July 1983, but homeowners still may not know what they are and how they affect them and their pocketbooks.

Understanding: Mello-Roos


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 Sher Hann provides real estate services including the buying and selling of fine homes, estate properties and luxury California golf homes in the following Conejo Valley communities: Agoura Hills, North Ranch, Lake Sherwood, Westlake Village, Thousand Oaks, Oak Park, Wood Ranch, Moorpark and Calabasas.  Contact Sher Hann at (805) 906-1001.

CA DRE License No. 01008580

Ewing & Associates / Sotheby's International Realty - 29020 Agoura Rd. , Suite A-2 - Agoura Hills , CA 91301;
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