Questions to Ask or Know About Your Property Taxes- Monterey County

1. What is the properties assessed value? Usually the assessed value is less than the market value. In California this is almost always the case. The property will be reassessed when it is sold.

2. Properties are reassessed when they are sold. Your assessement will be based on the sales price of the property. You will receive a supplemental bill once this is done.

3. The sale of the property will trigger a tax increase. This is always the case in California. Often the assessed value of the property may increase based on the amount you pay for the property.

4. Is the amount of taxes paid comparable to other properties in the area? If you have owned for awhile, then you might be able to appeal your tax rate and get the rate lowered. You will need to obtain info on recent sales in the area to support your appeal.