Here’s your friendly reminder that your first half payment of your real estate taxes are due next week on June 15, 2012! Your second half taxes will be due October 5th.
If you have a mortgage and you escrow for your taxes, your lender will pay them on your behalf. If you pay your taxes, remember to mail them by the 15th or you can pay online: https://capp.arlingtonva.us/
Can’t remember what your taxes are for the year? Search the Arlington County Real Estate Assessments Database
Whatever your assessment was, divide by $100, then multiply but the current tax rate of $0.971. That should give you your annual real estate property taxes:
Example: Assessed value of $600,000
2012 Taxes = $600,000/$100 = $6000*0.971 = $5,826 in property taxes for the year (so each installment will be $2,913)
If your home is currently under contract, pay the taxes by the 15th to avoid the late fee. You will be reimbursed if your closing date is before that day on your HUD1 statement by the buyer.