Montville, Waldo County, Maine Property Taxes

Name: Property Tax Bills Across Montville, Waldo County, Maine
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Montville, ME effective property tax rate: 2.30%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Montville, ME home value: $115,650
Median annual Montville, ME tax bill: $2,658, $258 higher than the national median property tax bill of $2,400.

How are property taxes in Waldo calculated?

Property taxes in Montville, ME are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Montville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Montville, Waldo County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.3%

Estimate Property Tax Bill

$2,660

$2,468

Ownwell’s Montville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Montville with just two data points. By entering your property's estimated assessed value, our calculator applies Montville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Waldo County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Montville, Waldo County, Maine

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. In Montville, located in Waldo County, Maine, the effective property tax rate is 2.30%. This rate is notably higher than both the national median property tax rate of 1.02% and the national median property tax bill of $2400. When comparing Montville to other cities in Maine, it is evident that the property tax rate here is consistent across the region, as the highest and lowest median tax rates are the same. This suggests a uniform approach to property taxation within the area, reflecting the local government's budgetary needs and priorities.

Property Tax Rates Across Montville, Waldo County, Maine

Source: Ownwell

1.04%

1.67%

2.30%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Montville Tax Rate

2.30%

Median Effective Waldo County Tax Rate

1.74%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Montville, Waldo County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04941	2.30%	2.30%	2.30%	2.30%	2.30%

Source: Ownwell

Property Tax Assessment Values Across Montville, Waldo County, Maine

When examining property taxes in Montville, Maine, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Waldo County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Waldo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Montville. For example, the median home price in Montville is $115,650, with tax bills ranging significantly across the county. Zip code 04941 has the highest median home price at $115,650.

Property Tax Assessment Values Across Montville, Waldo County, Maine

Source: Ownwell

$14,800

$161,850

$308,900

Median Montville Market Value

$115,650

Median Waldo County Market Value

$154,000

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Montville, Waldo County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04941	$28,310	$60,025	$115,650	$155,725	$194,580

Source: Ownwell

Property Tax Bills Across Montville, Waldo County, Maine

In Montville, located in Waldo County, ME, property tax bills are determined by assessing the market value of a home and applying the local tax rate. Homeowners in Montville experience a median tax bill of $2,658, which aligns with the national median property tax bill of $2,400. However, some residents pay as little as $1,380 or as much as $4,423, depending on their property's assessed value and the specific tax rate applied. The tax bill can significantly impact homeowners, especially when property values rise or local tax rates increase, leading to higher expenses.

Ownwell offers a solution for homeowners looking to reduce their property tax burdens. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is assessed accurately and fairly. This can lead to substantial savings, particularly for those who feel their property taxes are disproportionately high. With Ownwell's assistance, homeowners can navigate the complexities of property tax assessments and potentially lower their annual tax bills.

Property Tax Bills Across Montville, Waldo County, Maine

Source: Ownwell

$202

$2,025

$3,848

Median Montville Tax Bill

$2,658

Median Waldo County Tax Bill

$2,632

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Montville, Waldo County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04941	$651	$1,380	$2,658	$3,562	$4,423

Source: Ownwell