Fiscal Year 2016 Assessed Values and Tax Rates
This Post has been archived and its content might be outdated. If you are looking for recent content, please check this Department's Homepage.
The FY 16 assessed values and tax rates are now certified. The Residential tax rate has been set at: $17.80 per $1,000.00 of assessed value and the Commercial/Industrial/Personal Property tax rate has been set at: $25.11 per $1,000.00 of assessed value.
As you review the current Fiscal Year 2016 property assessments we would like you to be aware of the following information and dates.
- The current property tax year is Fiscal Year 2016.
- Fiscal Year 2016 began July 1, 2015 and ends June 30, 2016.
- Assessed valuations are established as of a fixed point in time each year.
- The assessment date for Fiscal Year 2016 is January 1, 2015.
- In order to estimate fair market value as of January 1, 2015 an extensive sales analysis was conducted. The sales analyzed occurred in Sudbury during calendar year 2014. The sales review revealed that certain property types (residential condominiums) saw considerable appreciation in value. As a result many of the residential condominiums are realizing a greater than average increase in assessed value from Fiscal Year 2015 to 2016.
- Applications for abatement (State Tax Form 128) must be filed at the Assessors Office 278 Old Sudbury Rd.,Sudbury, MA. 01776 not later than February 1, 2016.
Please click below for assessment list and tax rate recap.
