A Mello Roos District is an area where a special property tax on real estate, in addition to the normal property tax, is imposed on those real property owners within a Community Facilities District (CFD). These districts seek public financing through the sale of bonds for the purpose of financing public improvements and services. These services may include streets, water, sewage and drainage, electricity, infrastructure, schools, parks and police protection to newly developing areas. The tax paid is used to make the payments of principal and interest on the bonds.
Many communities requiring new schools and infrastructures such as public parks and roads impose Mello Roos. While property tax is assessed as a percentage of the value of the home, Mello Roos is independent and could rise or lower and is not subject to Proposition 13.
To quickly look up Mello Roos in the counties of El Dorado, Sacramento and Placer, use the convenient “Quick Search Mello Roos” links below, click on your desired county, and simply have the property APN# ready.
Most home Buyers are interested in knowing if a home or neighborhood possesses Mello Roos. One may be asking, “how do I find out if a property is subject to Mello Roos?” Or, “how do I search if a neighborhood has Mello Roos?” The reason these questions are so important is because Mello Roos does add expense to your property taxes if a property is subject to Mello Roos. Sometimes a substantial amount. A home Buyer must weigh the benefits of the extra Mello Roos expense against the amenities provided for that neighborhood and compared to other neighborhoods or homes that may not have Mello Roos. Mello Roos may be an extra expense; however, sometimes those extra expenses are worth the cost considering the kind of neighborhood one would be able to live in.
If you need to search mello roos in the areas of El Dorado Hills, Folsom, Serrano, Blackstone, The Promontory, or other areas in the El Dorado, Sacramento and Placer Counties, finding out if a home has Mello Roos is easy if you have the full address of the property or the Assessors Parcel Number (APN). With that information, you can find the Mello Roos on any property using the “quick search” links above. Done. If you live outside of these counties, simply go to your local county website and fine the property tax informational page and have the address and APN number ready.
Additional ways to search for Mello Roos information in the El Dorado County or to ask further questions in general about mello roos, call 800-676-7516 for El Dorado County CFD Mello Roos bond cost, then additionally call 800-755-6864 for El Dorado County Mello Roos bond.