Legazpi, Albay · RDO ()
Effective: 2024
#7 Bano is a barangay in Legazpi, Albay with 14 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱14,225 per square meter. Street-level residential values range from ₱11,875 to ₱19,515 per square meter, with a median of ₱18,340/sqm. The highest-valued residential street is W. VINZONS ST. at ₱19,515/sqm. Commercial zonal values reach up to ₱38,000/sqm. The majority of classified streets (71.4%) 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 #7 Bano.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on #7 Bano barangay-level residential value of ₱14,225/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 |
|---|---|---|---|
| #7 Bano | ₱14,225 | ₱22,300 | - |
↳ BALINTAWAK ST. (FORMERLY BALINTAWAK)(R. SERRANO TO ROSARIO ST.) | ₱18,340 | ₱24,750 | - |
↳ CAPTAIN F. AQUENDE DRIVE (FORMERLY WASHINGTON DRIVE)(GOV. LOCSIN ST. TO SAGUMAYON RIVER) | ₱18,340 | ₱32,375 | - |
↳ GOV. LOCSIN ST.(R. SERRANO TO ROSARIO ST.) | ₱18,340 | ₱37,000 | - |
↳ GOV. REYNOLDS ST.(RIZAL ST. TO W. VINZON ST.) | ₱18,340 | - | - |
↳ R. SERRANO ST.(RIZAL ST. TO GOV. LOCSIN ST.) | - | ₱36,750 | - |
↳ R. SERRANO ST.(GOV. LOCSIN ST. TO W. VINZON ST.) | ₱18,340 | - | - |
↳ R. SERRANO ST.(W. VINZON ST. TO BALINTAWAK ST.) | ₱18,340 | - | - |
↳ R. SERRANO ST.(BALINTAWAK ST. TO SAGUMAYON ST.) | ₱11,875 | - | - |
↳ RIZAL ST.(GOV. REYNOLDS ST. TO R. SERRANO ST.) | - | ₱38,000 | - |
↳ RIZAL ST.(R. SERRANO TO ROSARIO ST.) | - | ₱38,000 | - |
↳ ROSARIO ST. (FORMERLY ROSARIO)(RIZAL ST. TO R. SERRANO) | ₱18,340 | ₱24,750 | - |
↳ W. VINZONS ST.(CORNER GOV. REYNOLD ST. TO SERRANO ST.) | - | ₱24,750 | - |
↳ W. VINZONS ST.(R. SERRANO ST. TO ROSARIO ST.) | ₱19,515 | - | - |
↳ W. VINZONS ST.(BANO BRIDGE TO SERRANO ST.) | ₱18,340 | - | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in #7 Bano, Legazpi.
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.