Understanding Assessed Value & Supplemental Assessments
Understanding how your property is valued can help you avoid surprises — like unexpected tax bills — and even save money. Here's a quick guide to help you navigate your property taxes in Alameda County.
What Is Assessed Value? All taxable property in Alameda County is assigned an assessed value by the Assessor's Office. This value is used to calculate your property taxes and may not match current market value.
Here's how it works: - If you bought your home at market price, your assessed value is likely your purchase price.
- If you paid below market price, your assessed value may be adjusted to match fair market value, based on recent sales of similar homes in your area.
Proposition 13, passed in 1978, protects homeowners by limiting how much your assessed value can increase each year—no more than 2%, unless there's new construction or a change in ownership.
What Is a Supplemental Assessment? After you buy a property, the Assessor's Office will update the value to reflect market value as of your purchase date—even if your regular tax bill is still based on the old value.
This triggers a Supplemental Assessment, which may result in a separate tax bill for the increased value. Key Points: - Only the difference in value is taxed in the supplemental tax bill
- The supplemental tax bill is prorated from the date of purchase to the end of the fiscal year
- You'll get a "Notice of Supplemental Assessment" by mail
- Supplemental tax bills are in addition to your annual property tax bill
For FAQs and more details, visit the Assessor's Supplemental Assessment page HERE.
Can You Reduce Your Property Taxes? You may qualify for exemptions or request a review or appeal of your assessed value. Common Exemptions: - Homeowner's Exemption – If your home is your primary residence
- Veterans' Exemption – For qualified military veterans
To appeal your property's value: - Informal review: Contact the Assessor's Office
- Formal appeal: File with the Assessment Appeals Board between July 2 and September 15
Find info on exemptions and appeals on the Assessor's website HERE.
Looking Up Your Property Tax Info To check your current tax balance or make a payment online, visit the Alameda County Treasurer-Tax Collector's website HERE.
Prefer in-person? Visit: County Administration Building 1221 Oak Street, Room 245, Oakland, CA, Or call: (510) 272-3787.
Why Can't You Find Owner Names on the Assessor's Website? Due to the privacy laws which apply to government agencies—owner names are not published online, even though property records are public documents.
Disclaimer: This newsletter provides general information only. For legal or financial advice, please consult an attorney or CPA.
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