Million Dollar Belmont: Average Assessment Hits 7 Figures As Tax Bill Jumps 4 Percent in ’18

Photo: Daniel Dargon, Robert Reardon and Charles Laverty III There was a time in Belmont when the statement: “Your house looks like a million!” was metaphoric and not literal. Not anymore, as the average assessed property in the “Town of Homes” had broken the seven-figure barrier, according to Board of Assessors when it announced the numbers during the […]

Smaller Real Estate Tax Bill Jump in ’17 as Property Values Cool

Photo: Belmont’s Assessors’ (from left) Charles R. Laverty, III, Robert P. Reardon, Martin B. Millane, Jr. Real estate taxes on the average-valued home in Belmont will increase by the least amount in the past four years after the Belmont Board of Selectmen approved at its Monday, Dec. 19 meeting the recommendation of the town’s Board […]

Spike in Average Property Tax Bill Anticipated As Override Comes Dues

Photo: Board of Assessors’ (from left) Robert Reardon, Martin Millane, Jr. and Charles Laverty III Belmont property owners can expect the equivalent of a lump of coal in their next two quarterly tax bill arriving in February 2016 as residents prepare to pay for the Prop 2 1/2 override voters passed in April. The average household can expect […]

Belmont Property Tax Rate Falls but the Average Bill Continues to Rise

The good news: The Belmont Board of Selectmen has cut the property tax rate in fiscal 2015 by nearly five percent. The bad news: Your residential tax bill will in all likelihood be higher in the coming fiscal year. That’s the analysis from the Board of Assessors which presented its recommendations to the Selectmen on Monday, Dec. […]