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Is property tax in California calculated the same for Condos & Townhomes as it is for Single Family Property?

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Is property tax in California calculated the same for Condos & Townhomes as it is for Single Family Property?

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  1. Yes, because property tax is based on the most recent sales price.  It can adjust every year, but that is a percentage of the sales price.  If your property has gone down in the last 2 years you could even apply to get your property tax reduced if you paid more than they are selling for now.


  2. Yes, there is no difference.
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