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Maryland Property Values Rise 12.0% According to SDAT's 2022 Reassessment​ - Southern Maryland News Net

The Maryland Department of Assessments and Taxation (SDAT) announced its 2022 reassessment of 704,430 “Group 1” residential and commercial properties. In Maryland, there are more than 2 million property accounts which are split into three groups, each appraised once every three years. The overall statewide increase for “Group 1” properties was 12.0% over the past three years according to SDAT. ....

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Baltimore area property assessments climb 12% on average

Residential and commercial property values in Maryland will climb 12% on average next year, state officials said Tuesday, meaning higher property tax bills for many in what will be the fourth straight year of rising home assessments. ....

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Baltimore area property assessments climb 12% on average

Residential and commercial property values in Maryland will climb 12% on average next year, state officials said Tuesday, meaning higher property tax bills for many in what will be the fourth straight year of rising home assessments. ....

Carroll County , United States , Baltimore County , Kent County , Caroline County , Howard County , Charles County , Anne Arundel County , Michael Higgs , Department Of Assessments , Maryland Department Of Assessments , Maryland Department , Baltimore City , Harford County , Anne Arundel , Prince George , Homeowner Tax Credit , Homestead Tax Credit ,

Property values rise 8.1% according to SDAT's 2021 reassessment


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Property values in the state are set to go up by more than 8% in the coming year. The Maryland Department of Assessments and Taxation says the jump in assessments, which are done every three years, shows an average increase of 7.5% for residences. And more than 9% for commercial properties.
The news release from SDAT states there are more than 2 million property accounts which are split into three groups, each appraised once every three years. The Thursday announcement addresses a reassessment of 759,422 “Group 3” residential and commercial properties.
The overall statewide increase was slightly lower than 2019’s 8.9% increase, according to the data from the news release. This represents an average increase in value of 7.5% for all residential properties and 9.7% for all commercial properties since the last Group 3 reassessment in 2018. ....

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