Property Taxes
Orange County Property Tax
Information deemed reliable, but not guaranteed. Please do your due diligence.
In the State of California, property tax is 1%, but then Cities and local municipalities will have overlays that increase the average tax bill to 1.25% of the sales price.
Newer communities tend to have higher property taxes, and older established communities tend to be really close to the 1%. So how do you know what a particular property will pay? The best way is for you to use the County of Orange Tax Assessor's website and look up the actual tax bill for the current resident.
Enter the address and you'll see the actual tax bill. Then divide the Total tax amount by the Assessed Value and you'll get the "effective tax rate". Remember, your tax rate is just 1% but with the additional fees you'll want to know the effective rate.
May I suggest too.. As your agents, we're happy to provide general info about an area at large so you don't have to look up hundreds of addresses. Then once we're close to writing an offer and it's time to investigate further, then let's look at the current tax bill. Contact us and it will be our pleasure to give you our local area insight.
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What Are Mello Roos?
The Community Facilities District (CFD) Act of 1982, also known as the Mello-Roos Act, was enacted by the California Legislature in response to the passage of Proposition 13 to provide a flexible funding mechanism to local governments. Bonds issued pursuant to the Act can be used to finance construction as well as to acquire capital facilities. Under current law, new bonds must be approved by a vote in an election by the property owners in the assessment district. The Bonds are secured by special taxes levied on property owners and billed on the property tax bills. The County is working to make this information more transparent to taxpayers.
In Danae's words... it's a tax on top of the 1% to pay for new communities schools, curbs, gutters, etc. Most new communities will have taxes above the 1% because of this. Again, this info will be on the current tax bill so look up each address one by one to be sure.
