When considering a home purchase in Roseville, California, it’s essential to understand how property taxes work. They can significantly impact your mortgage payments and overall budget. Whether you’re a first-time homebuyer or relocating from another area, having a clear idea of what to expect can help you make more informed financial decisions.
This guide explains everything you need to know about property taxes in Roseville—from how they’re calculated to how they support the local community.
What Are Property Taxes?
Property taxes are annual payments made by homeowners to fund local public services. These taxes are based on the assessed value of your property and are collected by Placer County.
The revenue from property taxes helps fund:
- Public schools
- Police and fire departments
- Parks and recreational facilities
- Road repairs and maintenance
- Libraries and other essential community services
How Are Property Taxes Calculated in Roseville?
In California, under Proposition 13, the base property tax rate is limited to 1% of the property’s assessed value, plus any additional local assessments and voter-approved bonds.
Here’s a simple example:
If you purchase a home for $600,000:
- 1% of $600,000 = $6,000 in base property taxes
- Additional local assessments and Mello-Roos fees may range from $500 to $3,000 annually
Estimated total annual property tax: $6,500 to $9,000
What Is the Assessed Value?
The assessed value is typically based on the price you paid for your home at the time of purchase. Under Proposition 13, this value can increase by no more than 2% per year, unless:
- Major home improvements are made, or
- The property is sold or transferred to a new owner
What Are Mello-Roos Taxes?
In some newer communities within Roseville, you may encounter Mello-Roos taxes. These are special assessments used to finance public infrastructure such as roads, schools, and parks.
If you’re considering homes in areas like West Roseville or Fiddyment Farm, ask your real estate agent whether a Mello-Roos tax applies. These fees can add $1,000 to $3,000 or more annually to your overall property tax bill.
How Do You Pay Property Taxes?
Placer County sends out property tax bills in two installments each year:
- First installment: Due November 1, delinquent after December 10
- Second installment: Due February 1, delinquent after April 10
Many homeowners choose to include their property taxes in their monthly mortgage payments through an escrow account, simplifying the process.
Can You Reduce Your Property Taxes?
Yes. Some homeowners may qualify for exemptions or reassessments, such as:
- Homeowner’s Exemption: Reduces assessed value by $7,000
- Senior Exemptions
- Disabled Veteran Exemptions
If you believe your property is overvalued, you can file an appeal with the Placer County Assessor’s Office to request a reassessment.
Why Understanding Property Taxes Matters
Being aware of your property tax responsibilities offers many advantages:
- Helps you plan and budget for housing expenses
- Prevents surprises in your monthly payments
- Allows for better comparison between neighborhoods
- Supports smarter, long-term financial decisions
Let Us Help You Navigate Homeownership in Roseville
At Ms. Roseville Real Estate, we guide homebuyers through every step of the process—from exploring neighborhoods to understanding taxes and financial implications. If you’re unsure how property taxes might affect your decision, our experienced team is here to support you.