Emerald Hills, California Property Taxes

Ownwell’s Emerald Hills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Emerald Hills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Emerald Hills to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Emerald Hills. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.

Property Tax Assessment Values Across Emerald Hills, California

In Emerald Hills, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the San Mateo County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Emerald Hills, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price here is $1,181,150, with tax bills ranging from $8,505 at the 25th percentile to $29,598 at the 90th percentile. The highest and lowest median tax bills, both at $14,492, are found in the 94062 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes in Emerald Hills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.

Property Tax Assessment Values Across Emerald Hills, California

Source: Ownwell

$310,349

$1,947,376

$3,584,402

Average Emerald Hills Assessed Value

$1,181,150

Average San Mateo County Assessed Value

$685,382

Average California Assessed Value

$378,421

Average United States Assessed Value

$244,900