San Diego: A Homeowner’s Guide to Property Tax Savings

I would like to congratulate the homeowners of San Diego for receiving their homeowners’ exemption! This exemption reduces their assessed property value by $7,000, resulting in a $70 annual savings on property taxes. San Diego County Assessor’s Office is committed to making homeownership more affordable by ensuring homeowners take advantage of every possible tax-saving opportunity. This is their way of putting ‘you’ first with outstanding customer service.

Below is the 2024 Assessed Value as of January 1, 2024. Please note that these values may differ from the home’s current market price. The Factored Base Year Value, which represents the Proposition 13 cap, it is shown only if the assessment has been temporarily reduced under Proposition 8. This notification is purely informational and is not a tax bill.

2024 Assessed Value Factored Base Year Value
Land$853,370$0
Improvements$554,689$0
Fixtures$0
Personal Property$0
Total Assessed Value$1,408,059$0
Homeowner’s Exemption$-7,000
Net Assessed Value$1,401,059

This information is sourced from the San Diego County Assessor’s Office.

Know your home’s worth, click here.

Homes for sale in Carmel Valley click here.

Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379

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Shirin Rezania Ramos, Realtor®

858-345-0685

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