REN.PH
RDO 001 · Laoag City, Ilocos Norte13 streets92.3% residential

BIR Zonal Values in Brgy. Lorenzo, Banna

Lorenzo is a barangay in Banna, Ilocos Norte with 13 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). These zonal values are published by BIR RDO 001 (Laoag City, Ilocos Norte), based on the BIR Department Order covering Lorenzo. The average residential zonal value across classified streets is ₱929/sqm (median ₱970/sqm). Street-level residential values range from ₱650 to ₱970 per square meter. The highest-valued residential street is All Lots at ₱970/sqm. Commercial zonal values reach up to ₱1,250/sqm. The majority of classified streets (92.3%) 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 Lorenzo.

Banna, Ilocos Norte · RDO 001 (Laoag City, Ilocos Norte)

Data last verified 2026-10-14 · see recent updates

DO 047-2023 · BIR schedule effectivity: Oct. 6, 2023

PSGC 0102811014

Lorenzo Zonal Value Summary (2026)

Avg. Residential
₱929
/sqm
Avg. Commercial
₱1,147
/sqm
Industrial
-
none classified

Tiles marked “Avg.” are the mean across classified streets, not an official BIR barangay-wide figure. BIR publishes zonal values per street.

12 streets, residential ₱/sqm
Each dot is one street

Half the streets are valued at ₱970.

Streets
13
Median Residential
₱970
Residential Range
₱650-₱970
Avg Commercial
₱1,147

CGT + DST

Estimate Your Property Tax in Lorenzo

Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.

Property Type

sqm

Based on Lorenzo barangay-level residential value of ₱929/sqm

Zonal Basis

100 sqm x ₱929

₱92,900

Capital Gains Tax (6%)
₱5,574
Documentary Stamp Tax (1.5%)
₱1,394

Estimated Total (CGT + DST)

₱6,968

Planning to sell this property? We'll handle everything: pricing, buyers, taxes.

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.

What brings you to Brgy. Lorenzo?

Rankings

Street Rankings

Top 5 Highest Residential

  1. 1All Lots(Ilocos Norte - Abra Rd.)₱970/sqm
  2. 2All Lots(Zamora St.)₱970/sqm
  3. 3All Lots(Alegre St.)₱970/sqm
  4. 4All Lots(Rizal St.)₱970/sqm
  5. 5All Lots(Nozaleda St.)₱970/sqm

Top 5 Most Affordable

  1. 1All Lots(Interior)₱650/sqm
  2. 2All Lots(Along Brgy Road)₱800/sqm
  3. 3All Lots(Ilocos Norte - Abra Rd.)₱970/sqm
  4. 4All Lots(Zamora St.)₱970/sqm
  5. 5All Lots(Alegre St.)₱970/sqm

Top 3 Commercial Streets

  1. 1All Lots(Ilocos Norte - Abra Rd.)₱1,250/sqm
  2. 2All Lots(Zamora St.)₱1,250/sqm
  3. 3All Lots(Alegre St.)₱1,240/sqm

Zone Type Distribution

  • Residential12 of 13 streets (92.3%)
  • Commercial12 of 13 streets (92.3%)
  • Agricultural3 of 13 streets (23.1%)

Full schedule

Zonal Values by Street

Sort:
LocationResidentialCommercialIndustrialInstitutional
Lorenzo----
All Lots(Ilocos Norte - Abra Rd.)
₱970₱1,250--
All Lots(Zamora St.)
₱970₱1,250--
All Lots(Alegre St.)
₱970₱1,240--
All Lots(Rizal St.)
₱970₱1,240--
All Lots(Nozaleda St.)
₱970₱1,240--
All Lots(Aguadores St.)
₱970₱1,240--
All Lots(Along Brgy Road)
₱800₱1,050--
All Lots(Magno St.)
₱970₱1,100--
All Lots(San Andres St.)
₱970₱1,100--
All Lots(San Esteban St.)
₱970₱1,100--
All Lots(Old Market St.)
₱970₱1,100--
All Lots(Interior)
₱650₱850--
All Lots New *(Banna National High School, Catholic Church, Aglipayan Church)
---₱1,250
Footnotes
* Additional Classification

FAQ

Frequently Asked Questions about Lorenzo

What is the BIR zonal value in Lorenzo, Banna?
The average residential zonal value across classified streets in Lorenzo is ₱929/sqm (median ₱970/sqm). BIR publishes values per street, not per barangay. At the street level, residential values range from ₱650 to ₱970/sqm across 13 classified streets. These values are published by BIR RDO 001 (Laoag City, Ilocos Norte).
Which street has the highest zonal value in Lorenzo?
All Lots has the highest residential zonal value in Lorenzo at ₱970 per square meter. It is located Ilocos Norte - Abra Rd.. This value serves as the minimum taxable base for property transactions on this street.
What is the most affordable zonal value in Lorenzo?
The most affordable street-level residential zonal value in Lorenzo is ₱650/sqm, found on All Lots. It is located Interior. This is the lowest BIR-assessed minimum value for residential property in this barangay.
How much is the capital gains tax for property in Lorenzo?
Use the tax estimator above to calculate based on your specific street and property details. As a reference, based on the average residential zonal value of ₱929/sqm, a 100 sqm lot would have a CGT of approximately ₱5,574 and a DST of approximately ₱1,394. Note: actual tax is computed on the selling price or fair market value, whichever is higher than the zonal value.
How many streets have BIR zonal values in Lorenzo?
There are 13 streets with published BIR zonal value classifications in Lorenzo, Banna. The breakdown by zone type: 12 residential (92.3%), 12 commercial (92.3%), 3 agricultural (23.1%).
What is the commercial zonal value in Lorenzo?
The average commercial zonal value across classified streets in Lorenzo is ₱1,147/sqm. At the street level, commercial values go up to ₱1,250/sqm. Commercial zonal values are typically higher than residential values and apply to properties in commercially zoned areas.

Other Barangays in Banna

BalioegBangsarBarbarangayBinacagBomitogBugasiAll 21 barangays →

Method and law

About These Values

These zonal values are published by BIR RDO 001 (Laoag City, Ilocos Norte) and represent the minimum taxable value per square meter for properties in Lorenzo, Banna.

When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:

  • 6%Capital Gains Tax (6%)
  • 1.5%Documentary Stamp Tax (1.5%)
  • LGUTransfer Tax (varies by LGU)

Source RDONot necessarily where you file

Note: the RDO shown here is the source RDO: the Revenue District Office whose Department Order published these values. It is not necessarily the RDO where you file taxes for this property. Jurisdictional RDO assignments are governed by BIR's territorial issuances (Revenue Memorandum Orders) and may differ from the source. When in doubt about where to file, contact BIR directly.

Data Source: Bureau of Internal Revenue (BIR), Philippines

Legal Basis: Section 6(E) of NIRC of 1997, as amended by RA 10963 (TRAIN Law)

BIR Zonal Values Page

Data extracted from official BIR zonal value schedules. For official purposes, verify with BIR directly.