DiscoDeadhead t1_j2ah5fq wrote
If it appraised at the price you paid you can’t expect them to lower it and you should have been prepared for the increase. If the homestead credit has kicked in for you the bill only increases 4% every year.
fredblockburn t1_j2b3x0v wrote
Actually the state property taxes can go up 10% and Baltimore city is capped at 4%. Luckily the state portion is a lot smaller.
DiscoDeadhead t1_j2c22dk wrote
I forgot about state but the 4% is where the major savings come in. When I bought my house in 2000 the taxes were $1800 but with the homestead credit I’m only paying about 4K of a $7500 assessment
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