How much will you pay for your property taxes in San Marino?

I’ve been getting a lot of property tax questions lately and decided to write a quick post about how consumers are affected when they buy a home in San Marino or surrounding cities.

How much will I pay in property taxes when I buy my home in San Marino?  How are property taxes calculated on an existing San Marino home?

I’ve been getting a lot of property tax questions lately and decided to write a quick post about how consumers are affected when they buy a home in San Marino or surrounding cities.

In 1978, California voters passed Proposition 13.  As a result, the Los Angeles County Assessor can not exceed more than 1% of a property’s maximum assessed value plus any additional bonds and other city specific taxes.

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