The 2014 real estate tax rate is 89 cents per $100 assessed value.
All real property in Montgomery County is subject to taxation, except that which is specifically exempt. Property is assessed as of Jan. 1 of each year. The Montgomery County Board of Supervisors sets the tax rate. Payment is made to the Treasurer's Office in two installments due June 5th and Dec. 5th of each year. Payments must be postmarked by the due date.
Under Virginia law, failure to receive a tax bill will not relieve the penalty and interest charges that must be applied to all past due bills. Postmarks by the U.S. Postal Service applied to tax remittance envelopes will be used to determine the timeliness of mailed payments.
If you do not receive a bill approximately two weeks prior to the due dates, contact the Treasurer's office before the due date at (540) 382-5723.
Mortgage Escrow Accounts
It is the mortgage company's responsibility to request a tax bill for payment and the homeowner's responsibility to ensure timely payment of the taxes. If the mortgage company fails to pay by the tax deadline, penalty and interest will be applied accordingly.
Purchase or sale of real property
Under Virginia law, real property is assessed in the owner's name as of Jan. 1 of each year. It is the responsibility of the purchaser to ensure that all taxes are paid. Any lien arising from a tax delinquency attaches to the property. If you have sold the property referred to on the tax bill and another person has assumed responsibility for payment, please forward the bill promptly to that person or return it to the Treasurer's Office along with the new owner's name and address. A delay on your part may require the new owner to pay a penalty and interest, if the bill is received and paid late.
Change in address and/or tax billing status
If there has been a change in your address or tax billing status, call the Commissioner of the Revenue at (540) 382-5710 to update assessment and address information. If your loan is paid off, please call the Treasurer's Office at (540) 382-5723, ext. 4184.