The Town of Holbrook, Massachusetts
Property Assessment Data
Board of Assessors:
The following assessor's information is provided as a service to the citizens of Holbrook, Massachusetts. This property assessment data represents the most current committed valuation.
The Assessors Office has received certification from the Department of Revenue for its state mandated interim year adjustment of all real and personal property for Fiscal Year 2017.
FY2017 Tax Rates
The Holbrook Assessors' Office is located at 50 North Franklin St., Holbrook, MA 02343. The Assessor's office can be reached by fax at (781) 767-9057 or by e-mail at firstname.lastname@example.org
Two factors determine the Property Tax Rate for the Town of Holbrook, MA:
1. Property Tax Levy – this represents the monies to be raised by the property tax. The amount to be raised through taxation is determined by Town Meeting and the provisions of Proposition 2 1/2.
2. Total Assessed Value – this is the Total Assessed Value for all properties
Determining the Tax Rate – The Tax Rate is calculated by dividing the total amount to be raised by taxation, by the total assessed value of all property, by 1,000 (i.e. Tax Rate = Tax Levy/Total Assessed Value/1,000).
The Tax Rate is expressed in terms of dollars per $1,000. For example, if a home is assessed for $300,000 and the tax rate is $20.90, then the annual tax bill would be computed as follows: $20.90 X ($300,000/1,000) = $6,270.00