Property tax in San Francisco is generally about 1.18% of your assessed value for the fiscal year (July 1 – June 30), with additions for parcel taxes and other special districts (Mello-Roos, etc.). On a $2,000,000 home that’s about $24,000 a year.
Interested in why every search for “property tax san francisco” turns up the same 1.2%, and why your bill still won’t match it?
Read on to learn:
- 🧮 Why your rate isn't 1%, and what parcel taxes and Mello-Roos add on top.
- 📬 Why your first bill has the seller's name on it, and the supplemental bill that shows up months after closing.
- 🏡 Why the neighbors who bought in 2000 pay a third of what you do, and why you can't appeal it.
- 👪 What Prop 19 gives you if you’re 55 or older and want to move, and what it changed for parents passing a home to their kids.
- 🏛️ The transfer tax when you sell, and the tier line that turns $37,500 into $112,500.
- 🧾 A prorations example, closing day through year two, with real numbers.
- ⚖️ When your number is wrong, and how to get it lowered yourself.
