: News

Filed Under:

Maryland Property Values Drop

Play associated audio

Property assessments are down by 22 percent in the past three years in Maryland. The Maryland Department of Assessments and Taxation says real estate values on residential properties have suffered the largest decline in the history of the department.

The state reassesses properties every three years. The new assessments are based on the sales of about 51,650 properties over that period of time. While they play a role in determining local property taxes, next July's tax bills will be calculated with tax rates set by local governments.

The department mailed notices yesterday to nearly 740,000 property owners reflecting the drop.

2011 Md. Property Reassessment by SDAT


ABC Celebrates 50th Anniversary Of 'A Charlie Brown Christmas'

ABC will air "It's Your 50th Christmas Charlie Brown" Monday night. On the classic Christmas cartoon's golden anniversary, NPR explores what makes this ageless special endure.

L.A.'s Top Restaurant Charts New Waters In Sustainable Seafood

Providence is widely considered the finest restaurant in Los Angeles. Its award-winning chef, Michael Cimarusti, is piloting Dock to Dish, a program that hooks chefs up directly with local fishermen.
WAMU 88.5

U.S. Rep. John Sarbanes On How Money Influences Politics, Locally And Nationally

One of Maryland's federal lawmakers is behind some new ideas about campaign finance reform that have stalled in Congress, but are being taken up by local legislatures, including D.C.

WAMU 88.5

Computer Guys And Gal

Computer Guys and Gal sort out all the latest technology news from the last month.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.