Realty Insider Blog

Spring is here and so are the yearly tax assessments. The assessment values were mailed to homeowners in Fairfax County back in February – however the final tax bill was just recently decided.

The tax value is one of the factors used when determining your property taxes. The other part of the equation is the tax rate. With increasing tax assessments, the tax rate was reduced from $1.23 in 2002 to just 89 cents in 2006 in Fairfax County. With falling home values, the tax rate has climbed steadily ever since.

Get the full story at Soldsense.com

Posted by Are Andresen on May 26th, 2011 12:58 PMPost a Comment (0)
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