Assessor La encourages Alameda County homeowners to apply for the Homeowners’ Property Tax Exemption that can save owners of residential property $70 off their property tax bill each year.
This is how it works: Once a homeowner submits an application and qualifies for the exemption, the property’s assessed value is reduced by $7,000, thereby lowering the property tax bill by approximately $70 each year. There is no need to re-apply, which means the savings will continue until a change of ownership or re-assessment occurs. To qualify for the exemption, the home must be the owner’s principal place of residence on January 1.
Who would not want to save $70 per year in property taxes? An annual savings of $70 can buy 26 cups of coffee, 25 gallons of gasoline, dinner and a movie, or 2 gallons of paint to brighten the look of a home.
Please contact our Office for more information on how to file for this exemption. You can contact us by phone at (510) 272-3787 or by email at AssessorWebResponse@acgov.org.