Does refinancing a house in California at a higher appraisal value trigger a higher property tax?

May 14th, 2010 | by admin |

I thought that under Proposition 13 the appraised value of your home for property tax purposes would not be revised upward while you own the house. I recently refinanced, and the appraised value for the re-fi is significantly higher than the appraised value when I first bought the house. Someone just told me that my property tax would now go up as a result of the higher re-fi appraisal. Is this accurate?

Refinancing in California will not increase the taxes.

  1. 3 Responses to “Does refinancing a house in California at a higher appraisal value trigger a higher property tax?”

  2. By Bert on May 14, 2010 | Reply

    Refinancing in California will not increase the taxes.
    References :
    done it over and over again and have talked to the local county appraisers

  3. By Mr Placid on May 14, 2010 | Reply

    No. For purposes of property tax, a home is re-appraised only after a sale, or a significant improvement.
    References :

  4. By William on May 14, 2010 | Reply

    Before making this serious decision, you should check out the information on this blog.

    http://my-dallas-refinancing.blogspot.com/
    References :

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