Jovellar, Albay · RDO ()
Effective: 2024
Mercado is a barangay in Jovellar, Albay with 15 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱1,065 per square meter. Street-level residential values range from ₱1,100 to ₱1,635 per square meter, with a median of ₱1,210/sqm. The highest-valued residential street is GEN. SIMEON A. OLA ROAD at ₱1,635/sqm. Commercial zonal values reach up to ₱2,025/sqm. The majority of classified streets (93.3%) 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 Mercado.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on Mercado barangay-level residential value of ₱1,065/sqm
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 |
|---|---|---|---|
| Mercado | ₱1,065 | - | - |
↳ ARCANGEL ST(FR BONIFACIO ST-BERLIN ST) | ₱1,175 | - | - |
↳ ARCANGEL ST(FR BERLIN ST-COR SOLEDAD ST) | ₱1,100 | - | - |
↳ ARCANGEL ST(FR COR SOLEDAD-RIZAL ST) | ₱1,100 | - | - |
↳ BRGY. MERCADO ROAD(ALONG BARANGAY ROAD) | ₱1,280 | ₱1,665 | - |
↳ GEN. SIMEON A. OLA ROAD(ALONG PROVINCIAL ROAD) | ₱1,635 | ₱2,025 | - |
↳ PLAZA - WHITE DEER ROAD(ALONG MUNICIPAL ROAD) | ₱1,510 | ₱1,875 | - |
↳ RAZO ST(RIZAL ST-D ARCANGEL ST) | ₱1,285 | - | - |
↳ RIZAL ST(STARTING FR THE ROAD JUNCTION OF THE GUINOBATAN JOVELLAR RD TO TONGA ST) | ₱1,175 | - | - |
↳ RIZAL ST(FR TONGA ST-THE PROPOSED ROAD ALONG RIZAL ST) | ₱1,285 | - | - |
↳ RIZAL ST(FR PROPOSED RD-COR BONIFACIO ST) | ₱1,210 | - | - |
↳ RIZAL ST(FR COR OPPOSITE BONIFACIO ST TO AGUADA ST) | ₱1,210 | - | - |
↳ RIZAL ST(FR AGUADA ST UP-HALFWAY BETWEEN NUNEZ D ARCANGEL ST) | ₱1,210 | - | - |
↳ RIZAL ST(FR HALFWAY BETWEEN NUNEZ ST & D ARCANGEL ST UP-ARCANGEL ST) | ₱1,210 | - | - |
↳ RIZAL ST(FR ARCANGEL ST-RIVER BANK) | ₱1,210 | - | - |
↳ SOLEDAD ST(FR THE COR OF D ARCANGEL ST-CONTINUATION OF D ARCANGEL ST) | - | ₱1,740 | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in Mercado, Jovellar.
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.