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TAX RATES

Washington, DC Property Tax Rates:

(DC property tax year runs from October 1st through September 31st and are due March 31st for the period from October through March and September 15th for the period from April though September)

DISTRICT OF COLUMBIA: (202) 727-4829
RECORDATION TAX: 1.1% (purchases < $400,000)
RECORDATION TAX: 1.45% (purchases >= $400,000)
TRANSFER TAX: 1.1% (purchases < $400,000)
TRANSFER TAX: 1.45% (purchases >= $400,000)
PROPERTY TAX: All Residential Property (under 5 units)
$0.85 per 100 assessed value*
DC Real Property Tax Rates
*DC exempts the first $64,000 if you occupy the property as your principle residence and you file a homestead deduction application. Once the deduction has been in effect for a full tax year, DC will not increase your taxable assessment by more than 12% per year.
**Effective October 1, 2006, both the DC transfer and recordation tax is due to increase from 1.1% to 1.45% for purchases over $400K.

 

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