Chattanooga Real Estate Taxes
If you are trying to estimate your future real estate taxes, the easiest way is to have your Realtor provide you with a buyers MLS report which will show the current taxes for the property. Agents are supposed to pull this information directly from the tax records. However in some cases the assessed amount is grossly lower than it should be or for new construction homes only taxes on the vacant land are shown. Likewise the county property assessor may/will reassess the property at some point which will reflect the new purchased amount which generally will affect the assessed value for the property.
Estimating Chattanooga Property Taxes
To estimate the upcoming taxes for real estate in Chattanooga TN and surrounding areas whether the property is a single family home, condo, or land use the following formula:
Sales Price x .25 = Assessed Value
Assessed Value / 100 * Total Rate (see below ) = Annual Property Tax
2012 Tax Rates for Hamilton and Neighboring Counties
|
County
|
City
|
RATES
|
|||
|
County
Rate |
City
Rate |
School
District |
Total
Rate |
||
| BLEDSOE | $2.0662 | $2.0662 | |||
| BLEDSOE | PIKEVILLE | $2.0662 | $0.8412 | $2.9074 | |
| BRADLEY | $1.7920 | $1.7920 | |||
| BRADLEY | CHARLESTON | $1.7920 | $0.4230 | $2.2150 | |
| BRADLEY | CLEVELAND | $1.7920 | $1.4904 | $3.2824 | |
| BRADLEY | $1.7920 | $0.4070 | $2.1990 | ||
| BRADLEY | $1.7920 | $0.3356 | $2.1276 | ||
| GRUNDY | $2.0954 | $2.0954 | |||
| GRUNDY | TRACY CITY |
$2.0954 | $0.4000 | $2.4954 | |
| HAMILTON | $2.7652 | $2.7652 | |||
| HAMILTON | CHATTANOOGA | $2.7652 | $2.3090 | $5.0742 | |
| HAMILTON | COLLEGEDALE | $2.7652 | $1.3400 | $4.1052 | |
| HAMILTON | EAST RIDGE |
$2.7652 | $1.4227 | $4.1879 | |
| HAMILTON | LAKESITE | $2.7652 | $0.2400 | $3.0052 | |
| HAMILTON | LOOKOUT MOUNTAIN |
$2.7652 | $1.6200 | $4.3852 | |
| HAMILTON | RED BANK |
$2.7652 | $1.3500 | $4.1152 | |
| HAMILTON | RIDGESIDE | $2.7652 | $1.9000 | $4.6652 | |
| HAMILTON | SIGNAL MOUNTAIN |
$2.7652 | $1.6634 | $4.4286 | |
| HAMILTON | SODDY DAISY |
$2.7652 | $1.0000 | $3.7652 | |
| HAMILTON | WALDEN | $2.7652 | $0.4400 | $3.2052 | |
| MARION | $2.1686 | $2.1686 | |||
| MARION | CHATTANOOGA | $2.1686 | $2.1686 | ||
| MARION | JASPER | $2.1686 | $0.3000 | $2.4686 | |
| MARION | KIMBALL | $2.1686 | $0.1000 | $2.2686 | |
| MARION | NEW HOPE |
$2.1686 | $0.2500 | $2.4186 | |
| MARION | SOUTH PITTSBURG |
$2.1686 | $0.5190 | $2.6876 | |
| MARION | WHITWELL | $2.1686 | $0.5474 | $2.7160 | |
| MARION | $1.9650 | $0.1921 | $2.1571 | ||
| MARION | SOUTH PITTSBURG |
$1.9650 | $0.5190 | $0.1921 | $2.6761 |
| McMINN | $1.5553 | $1.5553 | |||
| McMINN | ATHENS | $1.5553 | $1.1147 | $2.6700 | |
| McMINN | CALHOUN | $1.5553 | $0.4945 | $2.0498 | |
| McMINN | ENGLEWOOD | $1.5553 | $1.1625 | $2.7178 | |
| McMINN | ETOWAH | $1.5553 | $1.2700 | $2.8253 | |
| McMINN | NIOTA | $1.5553 | $1.0000 | $2.5553 | |
| MCMINN | SWEETWATER | $1.5553 | $1.1400 | $2.6953 | |
| MEIGS | $1.8726 | $1.8726 | |||
| MEIGS | DECATUR | $1.8726 | $0.3848 | $2.2574 | |
| RHEA | $1.7496 | $1.7496 | |||
| RHEA | DAYTON | $1.7496 | $0.4700 | $2.2196 | |
| RHEA | GRAYSVILLE | $1.7496 | $1.3500 | $3.0996 | |
| RHEA | SPRING CITY |
$1.7496 | $0.9600 | $2.7096 | |
| SEQUATCHIE | $2.1386 | $2.1386 | |||
| SEQUATCHIE | DUNLAP | $2.1386 | $0.7620 | $2.9006 | |