Fetters Hot Springs, California Property Taxes
The median property tax rate in Fetters Hot Springs, CA is 1.38%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Fetters Hot Springs at $606,048, the typical annual property tax bill reaches $8,507, exceeding the national median of $2,690. Property taxes in Fetters Hot Springs are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fetters Hot Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Fetters Hot Springs or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fetters Hot Springs, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$8,363
$7,900
$1,148
Average Fetters Hot Springs, California Tax Savings
Ownwell’s FETTERS HOT SPRINGS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in FETTERS HOT SPRINGS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in FETTERS HOT SPRINGS 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 FETTERS HOT SPRINGS. 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 Rates Across Fetters Hot Springs, California
Property taxes in Fetters Hot Springs, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fetters Hot Springs is 1.38%, significantly higher than the U.S. national median of 0.99%. Local government entities within Fetters Hot Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fetters Hot Springs estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. Understanding how Fetters Hot Springs compares with other areas in Sonoma County provides valuable insights into the varying tax landscape across the region, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fetters Hot Springs Tax Rate
1.38%
Average Sonoma County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fetters Hot Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95416 | 0.99% | 1.32% | 1.38% | 1.54% | 1.85% |
Source: Ownwell
$1,148
Average Fetters Hot Springs Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Fetters Hot Springs, California
In Fetters Hot Springs, 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 Sonoma County Assessor's Office 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 Fetters Hot Springs, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Fetters Hot Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both amount to $8,507 in the 95416 zip code.
Property Tax Assessment Values Across Fetters Hot Springs, California
Source: Ownwell
$24,598
$1,130,232
$2,235,865
Average Fetters Hot Springs Assessed Value
$606,048
Average Sonoma County Assessed Value
$444,836
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fetters Hot Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95416 | $411,924 | $558,264 | $606,048 | $723,826 | $1,212,168 |
Source: Ownwell
$1,148
Average Fetters Hot Springs Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Fetters Hot Springs, California
Property tax bills in Fetters Hot Springs, Sonoma County, CA, are determined based on the assessed value of the property, which is typically a percentage of its market value. The median home price in this area stands at $606,048. Local tax rates are applied to this assessed value to calculate the annual tax bill. In this region, property tax bills can vary significantly, with the 25th percentile at $7,891 and the 75th percentile at $8,828, while the 90th percentile reaches up to $10,001. These tax bills can have a substantial impact on homeowners, making it crucial to ensure they are fair and accurate. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners challenge inflated assessments and secure potential savings. Our team of professionals works diligently to review and appeal your property tax bill, ensuring you pay only what is necessary, thereby easing the financial burden on your household.
Average Fetters Hot Springs Tax Bill
$8,507
Average Sonoma County Tax Bill
$5,028
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Fetters Hot Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95416 | $6,349 | $7,891 | $8,507 | $8,828 | $10,001 |
Source: Ownwell
$1,148
Average Fetters Hot Springs Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | December 2 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Sonoma Tax Assessor | |
| Website | assr.parcelquest.com |
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