Fulton County, GA — Property Tax Underwriting Guide
Georgia · Annual review at fixed assessment ratio
What this means for multifamily underwriting
Remember the 40% assessment ratio: tax = (FMV × 0.40) × millage. Underwrite FMV at purchase price.
Transaction type breakdown
Property is assessed annually at 40% of FMV. A recent sale is a strong indicator of FMV and commonly drives the next year's value toward the price.
Refinance does not affect FMV determination.
Ownership change does not cap value; annual FMV review continues.
Tax appeal information
Fulton parcels often carry separate city and county bills with different rates; the placeholder is a blended county figure.
Guide review
County guidance last reviewed: June 15, 2026
Tax-rate scope: County-level underwriting placeholder; not a parcel-specific tax rate.
Official sources: Board of Assessors, Tax Commissioner
40% ratio and annual review are firm; millage is a blended placeholder pending the parcel's city/county split.
Parclio estimates are underwriting guidance, not legal or tax advice. Always verify millage rates, the seller's assessed value, and appeal deadlines with the county assessor or local counsel before relying on these numbers for a credit decision.
Run a tax reset estimate for Fulton County
Use Parclio's estimator to model the post-closing tax bill, NOI impact, DSCR change, and underwriting memo language for your next Fulton County deal.