Bulletin: PA000014
Dear Associates:
Attached please find the latest list of Common Level Ratios for computing fair market property values on which the Commonwealth derives the basis for the transfer tax. The list is effective January 1, 2007 through June 30, 2007. Unless the consideration is stated in the deed the A...
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PENNSYLVANIA DEPARTMENT OF REALTY TRANSFER TAX 2005 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS |
December 2006 |
The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board in 2005. These factors are the mathematical reciprocals of the actual common level ratio. For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted from July 1, 2006 to June 30, 2007, except as indicated below. The date of acceptance of a document is rebuttably presumed to be its date of execution, that is, the date specified in the body of the document as the date of the instrument (61 Pa. Code § 91.102).
|
COUNTY |
COMMON LEVEL
RATIO |
COUNTY |
COMMON LEVEL
RATIO |
COUNTY |
COMMON LEVEL RATIO FACTOR |
|
Adams |
3.98 |
*Elk |
2.18 |
***Montour |
1.00 |
|
Allegheny |
1.10 |
Erie |
1.18 |
Northampton |
3.18 |
|
Armstrong |
2.70 |
Fayette |
1.14 |
Northumberland |
3.64 |
|
Beaver |
3.31 |
Forest |
4.83 |
Perry |
1.33 |
|
Bedford |
5.47 |
Franklin |
9.35 |
Philadelphia |
3.50 |
|
Berks |
1.33 |
Fulton |
2.61 |
Pike |
5.47 |
|
Blair |
12.20 |
Greene |
1.21 |
Potter |
2.72 |
|
Bradford |
2.63 |
Huntingdon |
7.46 |
Schuylkill |
2.48 |
|
Bucks |
10.10 |
**Indiana |
5.88 |
Snyder |
4.94 |
|
Butler |
10.20 |
Jefferson |
1.85 |
Somerset |
2.71 |
|
Cambria |
3.60 |
Juniata |
6.21 |
Sullivan |
1.52 |
|
Cameron |
3.08 |
Lackawanna |
5.95 |
Susquehanna |
2.84 |
|
Carbon |
2.74 |
Lancaster |
1.22 |
Tioga |
1.25 |
|
Centre |
3.24 |
Lawrence |
1.14 |
***Union |
1.00 |
|
Chester |
1.82 |
Lebanon |
6.80 |
Venango |
1.05 |
|
Clarion |
5.38 |
Lehigh |
3.16 |
Warren |
2.93 |
|
Clearfield |
5.47 |
Luzerne |
17.24 |
Washington |
7.30 |
|
Clinton |
4.24 |
Lycoming |
1.10 |
Wayne |
1.23 |
|
Columbia |
3.47 |
McKean |
1.09 |
Westmoreland |
5.10 |
|
Crawford |
3.02 |
Mercer |
3.68 |
Wyoming |
4.59 |
|
Cumberland |
1.14 |
Mifflin |
2.18 |
***York |
1.00 |
|
Dauphin |
1.33 |
Monroe |
7.09 |
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Delaware |
1.55 |
Montgomery |
1.87 |
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* Adjusted by the Department of Revenue to reflect assessment ratio change effective January 1, 2006.
** Revised by the State Tax Equalization Board. Adjusted by the Department of Revenue to reflect assessment ratio change effective
January 1, 2006.
*** Adjusted by the Department of Revenue to reflect assessment base change effective January 1, 2006. Adjusted by the Department of Revenue to reflect assessment ratio change effective January 1, 2007.
MUNICIPAL TRANSFER TAXES
January 1, 2007
Greentree - 1 ½%
McCandless - 1 ½%
McKeesport - 2%
Monroeville - 1 ½%
O'Hara - 1 ½%
Penn Hill - 2%
Pine - 1 ½%
Pittsburgh City - 3%
West Deer - 1 ½%
Whitehall - 1 ¼%
Hookstown - 1/2%
Tredyffrin - 1 ½%
Colebrook - 1/2%
Radnor - 1 ½%
Upper Providence - 1 ½%
Kingston - 1 ½%
Hermitage City - 1 ½%
Sheakleyville - 0%
Wellersburg - 1/2%
Peters - 1 ½%
ADD ANOTHER 1% FOR THE COMMONWEALTH OF PENNSYLVANIA FOR THE TOTAL TRANSFER TAXES DUE