Happy New Year to Me!

[TPD]

I read this article yesterday. Today in the mail, I receive my 7 property assessment notices. I'm scared to open them - Thx Brandon!

Maryland Property Values Rise 23.4% According to Maryland Department of Assessments and Taxation’s 2024 Reassessment

The Maryland Department of Assessments and Taxation today announced its 2024 reassessment of 767,226 “Group 3” residential and commercial properties. In Maryland, there are more than two million property accounts that are split into three groups, each appraised once every three years. The...

smnewsnet.com

 

[stgislander]

I read this article yesterday. Today in the mail, I receive my 7 property assessment notices. I'm scared to open them - Thx Brandon!

Maryland Property Values Rise 23.4% According to Maryland Department of Assessments and Taxation’s 2024 Reassessment

The Maryland Department of Assessments and Taxation today announced its 2024 reassessment of 767,226 “Group 3” residential and commercial properties. In Maryland, there are more than two million property accounts that are split into three groups, each appraised once every three years. The...

smnewsnet.com

Not Brandon. Wes has projects to fund.

 

[vraiblonde]

Man, that's a big hike.

 

[TPD]

Not Brandon. Wes has projects to fund.

But Brandon's money pumping into the economy overall shoved prices of everything up. I believe property value increases are more blamed on the federal level than the state level, at least for the last couple of years.

 

[Kyle]

But Brandon's money pumping into the economy overall shoved prices of everything up. I believe property value increases are more blamed on the federal level than the state level, at least for the last couple of years.

All that Covid Unemployment Money pumped up everything.

Hell, I'll bet Jeff Bezos and Amazon gleaned a trillion of it alone.

 

[TPD]

I just opened my assessments. On average a 20% increase for my properties. I had 2 properties that did not change at all. These properties were just land, no buildings. My 2 farm parcels with buildings, no houses, increased by 35%! There were no improvements on either of these properties since the last assessment. The 3 properties with houses increased 14%, 22%, & 29%. Again - no improvements on the 3 houses in the last 3 years except a deck replacement on one.

Now the question is - what will the commissioners do with the property tax rate in the next budget cycle?

 

[stgislander]

Now the question is - what will the commissioners do with the property tax rate in the next budget cycle?

Partay!!!

 

[Clem72]

The thread title made me think up a jingle to match your profile pic.

Happy New Year to Me,
I'm a solid 3,
If I had any less teefers,
A SMIB I would be.

 

[Clem72]

Man, that's a big hike.

Not too bad for most of Southern Maryland. St. Mary's county limits it to 3% a year if you have a homestead application....except if you're in Leonardtown, then it's the max 10%. Suck it golf course people.

 

[PeoplesElbow]

My property didn't increase any but according to my assessment my 45 year old house increased by 25%

 

[NextJen]

The assessments came for the lots I own in Port Tobacco - Charles County. These are postage stamp size lots that you park an RV on.
Waterfront lots going up 53% and interior lot is going up 55%.

 

[Bann]

My taxes also went up in Calvert. I live in PF and my little lot is less than 1/2 acre. I looked at it, cursed and then filed it - so I can't tell you the % it went up.

Just another reason I'm moving south when I retire.