2014-2015 Property Tax TablE (As of July 1, 2014)
Maryland FY 7/1/14 - 6/30/15
District
of
Columbia FY 10/1/13 - 9/30/14
Anne Arundel County*
Washington, DC
Recordation Tax: $7.00 per thousand
Recordation Tax: 1.45%
Transfer Tax: 1.50% (1.0% County + 0.5% State)
Transfer Tax: 1.45% Fair Market Value
Property Tax:
$1.055
The City
has a different tax rate.
City
of
of
Annapolis
($0.943 County + $0.112 State) per hundred
Baltimore*
Recordation Tax: 2.00% (1.5% City + 0.5% State)
$2.36
$5.00 per thousand
Transfer Tax: 2.00% (1.5% County + 0.5% State)
Carroll County
per thousand
Property Tax: $1.13
($1.018 County + $0.112 State) per hundred
0.50% (0.0% County + 0.5% State)
$1.172 ($1.060 County + $0.112 State) per hundred
Harford County*
Recordation Tax: $6.60 per thousand
1.50% (1.0% County + 0.5% State)
Alexandria
Recordation Tax:
$0.333 ($0.083 City + $0.25 State) per hundred
$0.50
per five hundred
$0.15
per hundred
$1.043
per hundred
$0.333
($0.083 County + $0.25 State) per hundred
Arlington County
Grantor’s Tax:
$0.50
per five hundred
Regional Congestion Relief Fee:
$0.15
per hundred
$0.996
per hundred
$0.333
($0.083 County + $0.25 State) per hundred
Property Tax: Recordation Tax:
per hundred
Aberdeen, Town
of
Bel Air
and
City
of
Havre De Grace
have different tax rates.
Howard County
Grantor’s Tax: $5.00 per thousand
Transfer Tax: 1.50% (1.0% County + 0.5% State)
$1.126
($1.014 County + $0.112 State) per hundred
Sewer Ad Valorem.
Montgomery County*
$0.50
per five hundred
Regional Congestion Relief Fee: $0.15
per hundred
Property Tax:
per hundred
City
Recordation Tax: of
$1.09
Fairfax
Recordation Tax:
$0.333
Grantor’s Tax: $0.50
($0.083 County + $0.25 State) per hundred
per five hundred
Regional Congestion Relief Fee: $0.15
per hundred
Property Tax:
per hundred
$1.04
Henrico County*
$6.90 per thousand up to $500,000
$10.00 per thousand over $500,000
Transfer Tax: 1.50% (1.0% County + 0.5% State)
Property Tax: $.844
Includes Transit Tax, Fire District
($0.732 County + $0.112 State) per hundred
and
Advanced Land Acquisition Tax.
Rate Varies Geographically Throughout County.
Prince George’s County*
Recordation Tax: $5.50 per thousand
Transfer Tax: 1.90% (1.4% County + 0.5% State)
Property Tax: Virginia FY 1/1/14 - 12/31/14
Fairfax County
$1.154 ($.8937 County + $0.112 State + $.1483 Highway)
Recordation Tax: of
of
Includes Sanitary District Tax.
Transfer Tax: and
$10.00 per hundred (blighted real property)
Recordation Tax:
$12.00 per thousand
Transfer Tax: Includes Water
Class 4
Property Tax:
Frederick County*
Property Tax: $5.00 per hundred (vacant real property)
Regional Congestion Relief Fee:
0.50% (0.0% County + 0.5% State)
of
Class 3
Grantor’s Tax:
$10.00
Transfer Tax: The City
$1.65 per hundred for the first $3M of assessed value
City
$1.212 ($1.10 County + $0.112 State) per hundred
Property Tax: Class 2
Commonwealth
Recordation Tax: Property Tax: $0.85 per hundred (residential real property, including multi-family)
(commercial and industrial real property, including hotels and motels)
($2.248 City + $0.112 State) per hundred
Baltimore County
Recordation Tax: Class 1
$1.85 per hundred for assessed value more than $3M
Property Tax:
Recordation Tax: Property Tax:
$10.00 per thousand
Transfer Tax: Property Tax: Fair Market Value
$1.072 ($0.96 County + $0.112 State) per hundred
Rate Varies Geographically Throughout County.
*These rates do not include minimum fees, miscellaneous fees, special
district fees, municipality fees, ad valorem fees, fire fees, sanitary district,
etc.
Recordation Tax: Grantor’s Tax:
$0.50
per five hundred
Property Tax: $0.87
per hundred
Loudoun County*
Recordation Tax: Grantor’s Tax: $0.333
$0.50
($0.083 County + $0.25 State) per hundred
per five hundred
Regional Congestion Relief Fee: $0.15
per hundred
Property Tax: per hundred
$1.155
Newport News (FY 7/1/2014 - 6/30/2015)
Recordation Tax:
$0.333 ($0.083 County + $0.25 State) per hundred
Grantor’s Tax: $0.50
per five hundred
Property Tax: $1.22
per hundred
Prince William County*
Recordation Tax:
$0.333
Grantor’s Tax:
$0.50
Regional Congestion Relief Fee:
© Copyright 2014 CBRE, Inc. Information contained herein, including projections, has been
obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not
verified it and make no guarantee, warranty or representation about it. It is your responsibility to
confirm independently its accuracy and completeness. This information is presented exclusively for
use by CBRE clients and professionals and all rights to the material are reserved and cannot be
reproduced without prior written permission.
$0.333 ($0.083 County + $0.25 State) per hundred
Property Tax:
Includes Fire
and
($0.083 County + $0.25 State) per hundred
per five hundred
$0.15
per hundred
$1.222
per hundred
Rescue Levies (except
town of
Quantico)
and
Gypsy Moth Levy.
Note: MD, VA, DC property taxes are paid on 100% of the assessed value.
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2014-2015 Property Tax Table (as of july 1st, 2014)
The cbRE washington DC multifamily investment properties team