Buyers Figure out the tax that you may not know about
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http://sccounty01.co.santacruz.ca.us/ASR/SuppTaxCalc/SuppTaxCalc.aspx
When a change in ownership occurs the BUYER will receive a "one time" supplemental bill (or refund). If the change in ownership occurs between January 1 and May 31, two supplemental bills (or refunds) will be generated.
While the Supplemental Tax Estimator will provide estimates for all types of properties, the results are most accurate for single family residences and condominiums. Transactions on these types of properties are usually straightforward with the sales price typically reflecting the market value of the property. Change in ownership situations without a sales price (inheritance, foreclosure, etc.) will require an estimate of the market value of the property. The accuracy of the supplemental tax estimate will be dependent on the validity of the purchase price.
If the purchase price is less than the current assessed value of the property, a supplemental refund(s) will be generated.
If you have additional questions about supplemental taxes, please call the Assessor's Office at (831) 454-2002
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