If you’ve ever thought you might be able to somehow magically scrape up the funds to buy one of San Francisco’s luxury homes, be sure you calculate in expenses over the long haul. Because even if you pay cash for one of this multi-million dollar mansions, you’re still on the hook for property taxes. And when your home is worth $10-30 million bucks, your tax bill hits six digits. Today, with the help of Curbed SF and Property Shark, we reveal the top five most pricey property tax bills in the city. (For Curbed’s list of the top 10 such homes, click here.)
All but one the top five winners come from S.F.’s Billionaire Row, that aptly named stretch of really rich real estate on Broadway. The gallery above details the address and (staggering) corresponding property taxes. In a nutshell, these homes command taxes that would double as generous salaries for a family for an entire year, or buy a nice home outright in a place where real estate is (much) less expensive.
And if you’re hoping to see inside one of these homes– to see, perhaps, if it can possibly be worth it– here is the number two most expensive home, inside and out.
Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert