Some Maryland property owners are concerned about how they will pay their tax bills after receiving property reassessment notices that show a double-digit increase in taxable value from the state.
Chris Carper, a former long-term homeowner and landlord in Baltimore, told Spotlight on Maryland on Saturday that he relocated his family to more affordable housing in 2022 on the state’s Eastern Shore.
The new assessment is going to put me back where I was, closer to where I was when I lived in Baltimore City,” Carper said. “That, along with the crime rate, were the two driving factors that caused us to move.”
Maryland law directs the Department of Taxation and Assessments (SDAT) to automatically reassess one-third of its nearly 2 million taxable residential and commercial properties in its portfolio annually. Carper’s home located outside of Ocean City in Worcester County, along with all four of his rental houses, were among the more than 700,000 properties the state reassessed for the upcoming 2025 tax year.
State assessment data shows that Western Maryland and the Eastern Shore saw the highest increases in property assessments. In Central Maryland, Baltimore County experienced the most significant rise in residential property values, increasing by 22.6%.
Property assessment values in Baltimore City rose by 17.4% compared to the previous assessment conducted three years ago.
Click here to read the rest of the article written by Gary Collins over at WJLA News 7
