Property tax rates in Irvine

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frank69m_IHB

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Does anyone know a site where I can find the rates plus melaroos?



For example, Woodbury is roughly 1.9%. While older parts of Irvine are 1.2% and Quail Hill is 1.3%? I know some of it depends, but just want to get a general idea on what areas I want to avoid so I can budget where I want to purchase. I think Columbus Grove is about 1.9% also.
 
Go to OC tax collector's site. Type in a substitute address in the area you are thinking of. Pull up the info. Click on "View Original Bill" to see an itemized list. This is what I do. Hope this helps.
 
[quote author="frank69m" date=1225725795]Ya. but I guess you would need to know an address...there isn't something quick and easy I can find online?</blockquote>


I have checked around and haven't found any sort of tax table. Getting an address isn't difficult. Go to the mls and do a little map search of the proposed area. You will quickly turn up a home for sale. Grab that address and run it. While you're at it, slap a thanks on me. I haven't met my quota this week. ;)
 
In addition, that percentage for Mello Roos/Special Assessments shifts as home prices change.



Most of the secondary taxes are fixed so when a home was $500,000 and Mello Roos was $5000, then with a base tax of 1%... that's 2%. Now if that home is $1mil... that tax rate is 1.5%.



Since Woodbury and CG are fairly new... you see those 1.9% rates but for the older homes... it would be lower. Some exceptions would be Quail Hill as I've noticed that even as a newer community... their Mello Roos weren't as high compared to the new communities now.



How these assessments are set is what I would like to know because a place like Columbus Grove has the highest MRs I've seen for the lowest "benefits" since it has no schools and fewer parks/pools compared to other communities.
 
[quote author="WestparkRenter" date=1225759092]Mello Roos also depends on the size of the house, so it's not per housing development.</blockquote>


That's exactly right. The larger homes have much higher MR, so as the prices come down, the effective tax rate goes up. You have to pick a home of the same sq footage as your target home then remove the MR from the tax and recalculate. For newer areas, in a declining market there's no single number. But the range is probably 1.5% up to 2%. Portola has some of the highest MR that I've seen, so those may go over 2% as values decline. Same for Ladera.
 
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