Mercedes, Camarines Norte · RDO ()
Effective: 2024
IV is a barangay in Mercedes, Camarines Norte with 6 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). Street-level residential values range from ₱1,500 to ₱2,300 per square meter, with a median of ₱1,900/sqm. The highest-valued residential street is ALONG ECO AVENUE at ₱2,300/sqm. Commercial zonal values reach up to ₱5,100/sqm. The majority of classified streets (50%) carry residential zoning. These values are used by the BIR as the minimum basis for computing capital gains tax and documentary stamp tax on property transactions in IV.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
No zonal value available for residential properties in IV.
This is an estimate based on the BIR zonal value only. Actual taxes are computed on the selling price, fair market value, or zonal value, whichever is highest. Transfer tax (varies by LGU) and other fees are not included. Consult a licensed tax professional for exact computations.
| Location | Residential | Commercial | Industrial |
|---|---|---|---|
| IV | - | - | - |
↳ ALL LOTS(ONE HALF OF THE BLOCK ALONG RIEL ST.,ECO AVE. RIEL INT. ST. AND MERCEDES RIVER BANK) | ₱1,500 | - | - |
↳ ALONG ECO AVENUE(RIEL ST. TO BICOL ENTERPRISE ST. *) | - | ₱5,100 | - |
↳ ALONG ECO AVENUE(FROM RIEL ST. TO CORNER OF 7 SOUTHSIDE & FROM ROAD 7 TO BICOL ENT. ST.) | ₱2,300 | - | - |
↳ RIEL ST.(ONE HALF OF THE BLOCK ALONG RIEL ST.,ECO AVE. RIEL INT. ST. AND MERCEDES RIVER BANK) | ₱1,900 | - | - |
↳ ALL AGRICULTURAL LOTS(ONE HALF OF THE BLOCK ALONG RIEL ST.,ECO AVE. RIEL INT. ST. AND MERCEDES RIVER BANK) | - | - | - |
↳ ALL LOTS | - | - | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in IV, Mercedes.
When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:
Data Source: Bureau of Internal Revenue (BIR), Philippines
Legal Basis: Section 6(E) of NIRC of 1997, as amended by RA 10963 (TRAIN Law)
Data extracted from official BIR zonal value schedules. For official purposes, verify with BIR directly.