A tax roll, sometimes called an assessment roll, is a record of all the properties subject to taxes in a given area. These lists include detailed information about properties and associated taxes, including land and vehicles in some states. To better understand the relationship between tax rolls and real estate, here's the basic info to know:
What information is included in a tax roll?
A real estate property tax roll is a record of all properties subject to taxes in a particular jurisdiction. The rolls can be broken down by city, county, state and national levels for tracking and data-management purposes. Each property on a tax roll has important details, including:
- owner
- location
- property classification
- value
- valuation date
- appraiser
- taxable status
- tax owed
Why property tax rolls matter
Property tax rolls are important in real estate for a few reasons. One reason is they provide reliable documentation about a specific property's assessed value and how it might have changed over time. They can also show records of prior tax issues like liens or delinquency potential homeowners might want to be aware of.
Tax rolls can also help both borrowers and lenders confirm the assessed value of a property for determining loan approval and interest rates. Having a standardized source of official facts about specific properties can help in all steps of important financial decisions.
About the Author
Cheryl Pendenza - Realtor®/Broker Associate
Bringing more than 30 years of experience to the table, Cheryl has a paralegal degree, banking background, and is a member of many professional, civic, and community organizations.
Qualified • Experienced • Skilled
"As a full-time REALTOR®, I am dedicated to providing my clients with a high level of service by building relationships, marketing, and negotiating on their behalf. As a homeowner, I realize how important homeownership is.
Cheryl brings warmth and compassion to her client relationships and referrals have become the backbone of her business. "I’m grateful for every referral and welcome the opportunity to help clients achieve their real estate goals.”
Cheryl Pendenza, Broker Associate affiliated with RE/MAX Andrew Realty Services since 1999 is a local businesswoman and formidable negotiator who can help you achieve your real estate goals. Supporting family, community and local business is important to Cheryl and she can often be found at one of the local restaurants, shops, or galleries.
