People keep telling me about the “high waterfront taxes.” Is there an additional tax on waterfront that non-waterfront homeowners do not pay?

Property¬†taxes are based on the estimate of a property’s value (comprised of a land portion and an improvement portion and together called “the assessment”) and the tax rate per dollar of assessed value (“the mil rate”). Consequently, a waterfront and a non-waterfront property with the same assessment would both pay the same real estate taxes in Anne Arundel County. I am not aware of any additional “waterfront tax,” although a waterfront property probably has a higher assessment for land than non-waterfront.

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