Supplemental Estimator Description for Parcel:

097-700-006

The Supplemental Tax Estimator provides an estimate of supplemental taxes on a secured property. Results are calculated from data entered by the user and the Santa Barbara County tax records. The Supplemental Tax Estimator is designed for use on properties that sell in the open market and/or are subject to a 100% transfer of ownership. California property tax law requires that taxes be based on the full market value of a property. The sales price of a property may typically, but does not necessarily reflect the market value of the property. Change in ownership situations without a sales price (inheritance, foreclosure, etc.) will require an estimate of the market value of the property. The accuracy of the supplemental tax estimate will be dependent on the validity of the estimate of market value.

There are also a number of situations in which the Supplemental Tax Estimator will not be able to produce a reliable estimate.
The most common are:

• A. Partial interest transfers where less than 100% of the property has changed ownership.
• B. Future events that effect property values which are not recorded in our tax records.
• C. Properties with levies from Special Districts will result in a lower tax estimate since levies from Special Districts are not included in the estimate
• D. Exemptions on the future bill not included in this calculation.

Please note that the estimator is intended for changes in ownership only and not for new construction. If the market value is less than the current assessed value of the property, a supplemental refund(s) may be generated. When a change in ownership occurs you will receive a one time supplemental bill (or refund). If the change in ownership occurs between January 1 and May 31, two supplemental bills (or refunds) will be generated.

If you have additional questions about supplemental taxes, please email the Tax Collector's Office at: [email protected]