Pittsburgh Property Taxes

[Erik Pacpaco]

Noted to be one of the most affordable places to live country, Pittsburgh’s property taxes have gone up so you will have think about your numbers when looking at properties there.

Allegheny County reassessed and raised their property taxes based on the new purchase price.

So if you have a new purchase in Allegheny County, the county will assess the property tax based on what you bought it for.

I was paying $212.55 before and received a notice from my recent escrow analysis that I will start paying 801.21 in taxes starting February, basically 4x what I was originally paying.

So now the mortgage payment has almost doubled cutting into the property’s cashflow.

Is this correct?

Anyone in investing Pittsburgh notice the change?

Anyone have the same experience in Pittsburgh?

Any thoughts?

Advice?