Want to know how to check your Pa property tax records to know if you are paying too much? You will also learn the difference between tax assessment and the market value of your home in Southeastern Pennsylvania.
Understanding the tax assessed value of your home can be really confusing when looking at the various Pa property tax records.
I am going to show you where to find your tax assessment and the tax assessor’s market value of your home.
Before you pay your Pa real estate taxes you’ll want to know this information because you may be able to file a tax appeal.
This post is all about how to check your Pa property tax records to know if you are paying too much. You will also learn the difference between tax assessment and the market value of your home.
Pa Property Tax Records can be tricky.
Have you ever looked at your real estate tax bill and thought…. This tax bill seems kinda high?
And then, you look at your tax assessment and think- well that’s kinda low… so I guess I’m ahead of the game….
But here’s the thing …every county in Pennsylvania is different.
Depending on where you live, the property tax assessment may only represent a percentage of the market value the county has placed upon your house.
So, when you look at your tax assessment and think it’s low….. Well… it may in fact be high….
Tricky, right?
Every county is different.
Below I will show you how to find the tax assessor website for counties in Southeastern Pennsylvania.
You will also learn how the assessed value determines the market value for each Southeastern PA county listed below.
Southeastern PA Property Tax Records by County
These factors are applicable from July 1, 2022 to June 30, 2023.
Montgomery County
Look at your Montgomery County Assessed Value
Multiply the assessed value by 2.53 = the market value that your current taxes are based upon.
- EXAMPLE: Assessed Value is $250,000
- 250,000 X 2.53 = $632,500
- This means the Montgomery county assessor has assigned a market value of $632,500 to your home.
- Your property tax will be based upon this market value of $632,500.
Bucks County
Take a look at your Bucks County Assessed Value.
DO NOT rely upon the Estimated Market Value because it may not be current.
Instead, look at the Assessed Value and multiply by 13.70 to find out the Market Value that your taxes will be based upon.
- EXAMPLE: Assessed Value is $250,000
- 250,000 X 13.70 = $3,425,000
- This means the Bucks county assessor has assigned a market value of $3,425,000 to your home.
- Your property tax will be based upon this market value of $3,425,000.
Philadelphia
Shocker, but Philadelphia Real Estate Tax Records are pretty straight forward.
Philadelphia assessed value = market value.
No math needed.
Unfortunately, many Philadelphia homeowners are seeing a significant increase in their property taxes for 2023.
We have a Free Resource that explains everything you need to know about how to Appeal Philadelphia Real Estates Taxes
Delaware County
Find your Delaware County Assessed Value.
Delaware County is keeping it simple too.
Assessment Value = Market Value
Chester County
Look at your Chester County Assessed Value.
Chester County is also following the 100% rule.
Total Assessment = Market Value
After you have looked at your PA Property Tax Records
Now, how do you feel about that market value?
If you are unsure, then we can provide clarity.
The tax assessor website can be overwhelming and tricky to find the property tax assessment.
No worries – before you pay the real estate taxes We can show you how they were calculated.
Do you think the county has assessed your property way too high?… we can take a closer look at your specific market.
Here is how we can help you with your real estate taxes
Our goal is to empower you with accurate information that will help you determine your next step.
We can gather the appropriate data, analyze the information and compile a report to submit with your tax appeal that will provide reasonable, reliable and credible proof that fully supports an estimate of market value.
This is what we do.
As appraisers, we are not advocates.
Our agenda is not to lower your taxes.
Our duty is to provide an unbiased opinion of value.
Which is why our appraisal report can be used as strong evidence to support your property tax appeal.
