Many people ask us about Property Taxes in Long Beach, California…they are going to be about 1.25% of the purchase price unless it is a newer home development.
Then, the Property Tax tends to be higher, if that development was assessed with a tax called Mello-Roos. This extra property tax for newer home developments goes for infrastructure, schools, etc. How much? Well it varies. When you find a Long Beach home that you like and it has a mello-roos tax associated with it, we will check with the listing agent and other sources to attempt to find out what percentage it is. I just like to cover topics like this ahead of time so you know more about it instead of it being a surpize at some point. Not all new home developments in Long Beach have this tax added.
Don’t Set on The Fence: Long Beach Home Buyers are Buying