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Form 8825 Bridgeport Connecticut: What You Should Know

The Property Transfer Tax on all real property in the City  may not exceed 40.00 per year; or, if a parcel is in a tax-foreclosed private property, the tax may not be more than the assessed market value of the property; or, if a parcel is at the edge of the City limits and not yet assessed, the tax may not be more than two (2) times the assessed market value of the parcel or a fraction of such; or, if a parcel is located in the City limits and is not yet assessed, the tax may not be more than the assessed market value of the parcel or a fraction of such. Also, Note that no assessment is ever required when a property is moved from one property to another, provided the property (and occupant) remain within the boundaries of the same taxing district. Click here for a complete listing of land records in the City of Bridgeport. In the case of a land record tax bill, you should ask to be sure that a copy is sent to you at your address on file. The Property Transfer Tax rate is .0050 per year; 40.00 plus or minus .20; or the assessed market value plus or minus .02 per 1000. For example, if a parcel is at the edge of the City limits and not yet assessed, the rate is .0026 plus or minus .01; 6.00 per 1000 (plus or minus .01). If you are interested in transferring your taxes to Bridgeport, you can do that by submitting a written request to the Department of Revenue and then follow our on-line form, “Property Transfer Tax Bill Application.” NOTE: You cannot request your land record tax record from the City Clerk. The Residential Tax is based on assessed fair market value. 24.00 per year (minus any assessments or transfers already in place, or a 25 per year tax adjustment for vacant land). If an assessment is issued where the assessor or taxing body has not yet received the property and owner's consent/certificate, the assessment is void, except where a transfer has taken place.   Note that property transfer tax bill and title changes are not tax bills. Therefore, before you change or amend the property title, you MUST get the property transfer tax certificate in order to amend or correct the title. The Residential Tax is based on assessed fair market value. 32.

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