Assessed Market Value vs. Sale Price

Assessed values are determined by the State of Maryland, while the sale price is the approximate price that someone is willing to pay for your house or a similar one in the current real estate market. There is often a substantial difference between the assessed market value of your home and the sale price. The Maryland State Department of Assessments and Taxation assesses Maryland properties every three years. Any increase in property assessment is phased in over the three-year period.

For purposes of estimating the full effect of a new Bowie Police Department on your property taxes, use the Total Assessed Market Value figure for your property.

How Can I Determine What is the Total Assessed Market Value of My Property?
Take Me To The Net Tax Calculator