Mercedes, Camarines Norte · RDO ()
Effective: 2024
VII 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 ₱1,900 per square meter, with a median of ₱1,900/sqm. The highest-valued residential street is BRIOLA ST. at ₱1,900/sqm. Commercial zonal values reach up to ₱4,500/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 VII.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
No zonal value available for residential properties in VII.
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 |
|---|---|---|---|
| VII | - | - | - |
↳ ALL LOTS(ALONG BRIOLA ST.) | ₱1,500 | - | - |
↳ BRIOLA ST.(ALONG BRIOLA ST.) Newly identified vicinity | ₱1,900 | - | - |
↳ DE LOS REYES STREET (PESCADOR ST.)(FROM CORNER OF ROAD 7 TO CORNER OF ROAD 8) | ₱1,900 | - | - |
↳ ECO AVENUE(FROM CORNER OF BRIOLA/ZALDUA ST.) | - | ₱4,500 | - |
↳ ALL AGRICULTURAL LOTS(ALONG BRIOLA ST.) | - | - | - |
↳ DE LOS REYES STREET (PESCADOR ST.)(FROM CORNER OF BRIOLA ST. TO CORNER OF DOÑA MORENO ST.) | - | - | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in VII, 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.