Revised Schedule of Fair Market Values of Real Property in Cagayan de Oro City of 2008

December 11, 2006 CAGAYAN DE ORO CITY ORDINANCE NO. 10425-06 AN ORDINANCE PRESCRIBING THE REVISED SCHEDULE OF FAIR MARKET VALUES OF REAL PROPERTY IN CAGAYAN DE ORO CITY TO TAKE EFFECT ON JANUARY 1, 2008, AND FOR OTHER PURPOSES WHEREAS , Section 219 of RA 7160, otherwise known as the Local Government Code of 1991, provides that provincial, City or Municipal Assessors shall undertake a revision of real property assessment within two (2) years after the effectivity of the Local Government Code and every three (3) years thereafter; HTcADC WHEREAS , the City Government undertook its last general revision of Real Properties effective CY 1997, or more than nine (9) years ago; WHEREAS , this Body conducted a public hearing on the herein revised schedule of fair market values and considered and noted the varied positions raised by the different sectors that participated therein; NOW, THEREFORE: BE IT ORDAINED by the City Council (Sangguniang Panlungsod) of the City of Cagayan de Oro in session assembled that: TITLE I Title of the Ordinance CHAPTER 1 SECTION 1. Title. This Ordinance shall be known and cited as the Revised Schedule of Fair Market Values of Real Property in Cagayan de Oro City of 2008. TITLE II Revised Schedule of Fair Market Value for Lands CHAPTER 2 SECTION 2. Rates. The following schedule of market values per square meter of lands are hereby prescribed as the basis for the classification, appraisal and assessment of real properties located in the City of Cagayan de Oro, to wit: Location 2008 Schedule POBLACION Barangay 01 Lots along J. Gaerlan St. P4,660.00 Lots along San Agustin St. 1,820.00 Lots along Fernandez St. 1,820.00 Lots along Rizal St. 2,630.00 Lots along Tiano Bros. St. 2,630.00 Lots along A. Velez St. 4,660.00 Lots along Pabayo St. 4,660.00 Barangay 02 Lots along Gaerlan St. 4,660.00 Lots along Hayes St. 4,660.00 Lots along Capistrano St. 15,300.00 Lots along Rizal St. 7,020.00 Lots along Tiano St. 9,000.00 Lots along Velez St. 9,000.00 Lots along Pabayo St. 4,660.00 Barangay 03 Lots along T. Neri St. 15,300.00 Lots along R. N. Abejuela St. 15,300.00 Lots along T. Chaves St. 9,000.00 Lots along Hayes St. 4,660.00 Lots along Fernandez St. 1,820.00 Lots along Gaerlan St. 4,660.00 Lots along Pabayo Street: a.) From Fernandez to Hayes St. 4,660.00 b.) From Hayes to T. Neri St. 13,500.00 c.) From Chaves to Neri St. 13,500.00 Lots along Corrales Street: a.) From Fernandez to Hayes St. 4,660.00 b.) From Hayes to T. Neri St. 13,500.00 Poblacion Barangay 04 Lots along Arch. J. Hayes St. 9,000.00 Lots along Capistrano St. 12,600.00 Lots along Rizal St. 7,020.00 Lots along T. Bros. St. 9,000.00 Lots along A. Velez St. 13,500.00 Lots along Pabayo St. 13,500.00 Lots along T. Chavez St. 9,000.00 Barangay 05 Lots along Tirso Neri St. 15,300.00 Lots along R. N. Abejuela St. 15,300.00 Lots along Toribio Chaves St. 9,000.00 Lots along Capistrano St. 15,300.00 Lots along Rizal St. 15,300.00 Lots along Tiano Bros. St. 15,300.00 Lots along Pabayo St. 13,500.00 Lots along A. Velez St. 15,300.00 Barangay 06 Lots along T. Neri St. 15,300.00 Lots along R. N. Abejuela St. 15,300.00 Lots along T. Chavez St. 7,020.00 Lots along Arch. J. Hayes St. 4,660.00 Lots along N. Capistrano St. 15,300.00 Lots along Burgos St. 4,660.00 Barangay 07 Lots along C. Pacana St. 2,630.00 Lots along J. R. Borja St. 4,660.00 Lots along Gomez St. 5,680.00 Lots along Cruz Taal St. 6,280.00 Lots along Capistrano St. 15,300.00 Lots along T. Neri St. 15,300.00 Lots along Burgos St.: a.) From T. Neri to Cruz Taal St. 4,660.00 b.) From Cruz Taal to Pacana St. 2,630.00 Barangay 08 All lots along Velez St. 15,300.00 All lots along J.R. Borja St. 16,200.00 All lots along Gomez St. 13,500.00 All lots along Cruz Taal St. 14,400.00 All lots along T. Neri St. 15,300.00 All lots along Capistrano St. 15,300.00 All lots along Rizal St.: a.) From T. Neri to Gomez St. 15,300.00 b) From Gomez to J.R. Borja St. 6,480.00 All lots along T. Bros. St. 15,300.00 Barangay 09 Lots along J. R. Borja St. 16,200.00 Lots along Gomez St. 13,500.00 Lots along Cruz Taal St. 14,400.00 Lots along T. Neri St. 15,300.00 Lots along A. Velez St. 15,300.00 Lots along Pabayo St. 13,500.00 Lots along Corrales St. 13,500.00 Barangay 10 Lots along Mabini St. 1,820.00 Lots along Yacapin St. 2,630.00 Lots along C. Pacana St. 2,630.00 Lots along N. Capistrano 15,300.00 Lots along Burgos St. 2,630.00 Barangay 11 Lots along Mabini St. 4,660.00 Lots along Yacapin St. 12,600.00 Lots along C. Pacana St. 13,500.00 Lots along J.R. Borja St. 16,200.00 Lots along N. Capistrano St. 15,300.00 Lots along Rizal St. from J.R. Borja to Yacapin St. 6,480.00 Lots along T. Brothers St.: a.) From Borja to Yacapin St. 12,600.00 b.) From Yacapin St. to Mabini St. 7,020.00 Lots along A. Velez St. 15,300.00 Barangay 12 Lots along Yacapin St. 12,600.00 Lots along C. Pacana St. 13,500.00 Lots along J.R. Borja St. 16,200.00 Lots along A. Velez St. 15,300.00 Lots along Pabayo St. 13,500.00 Lots along Corrales St. 13,500.00 Barangay 13 Lots along Kalambaguhan St. 1,820.00 Lots along Montalban St. 1,820.00 Lots along Mabini St. 1,820.00 Lots along Burgos St. 1,820.00 Lots along Capistrano St. 15,300.00 Barangay 14 Lots along Makahambus St. 4,660.00 Lots along Kalambaguhan St. 4,660.00 Lots along Montalban St. 4,660.00 Lots along Mabini St. 4,660.00 Lots along Capistrano St.: a) From Mabini to Kalambaguhan St. 15,300.00 b) From Kalambaguhan St. to Makahambus St. 6,480.00 Lots along Tiano Brothers St.: a) From Mabini St. to Montalban St. 5,680.00 b) From Montalban St. to Macahambus St. 4,660.00 Lots along A. Velez St. 15,300.00 Barangay 15 Lots along del Pilar St. 1,820.00 Lots along Makahambus St. 1,820.00 Lots along Kalambaguhan St. 1,820.00 Lots along Burgos St. 1,820.00 Lots along Capistrano St. 6,480.00 Barangay 16 Lots along del Pilar St. 4,660.00 Lots along Uldarico Akut 4,660.00 Lots along Makahambus St. 4,660.00 Lots along Capistrano St. 6,480.00 Lots along T. Brothers St. 4,660.00 Lots along A. Velez St. 15,300.00 Barangay 17 Lots along F. Abellanosa St. 2,830.00 Lots along del Pilar St. 1,820.00 Lots along Burgos St. 1,660.00 Lots along Magsaysay St. 1,820.00 Barangay 18 Lots along F. Abellanosa St. 2,830.00 Lots along del Pilar St. 1,820.00 Lots along Magsaysay St. 1,820.00 Lots along Capistrano St. 4,660.00 Barangay 19 Lots along E. Echem St. 4,660.00 Lots along Antonio Luna St. 4,660.00 Lots along del Pilar St. 4,660.00 Lots along Tiano Brothers St. 4,660.00 Lots along A. Velez St. 15,300.00 Lots along Capistrano St. 4,660.00 Barangay 20 Lots along F. Abellanosa St. 6,280.00 Lots along Nacalaban St. 4,660.00 Lots along Capistrano St. 4,660.00 Lots along T. Brothers St. 4,660.00 Lots along A. Velez St. 15,300.00 Lots along E. Echem St. 4,660.00 Barangay 21 Lots along Gaabucayan St. 5,680.00 Lots along J. Pacana St. 5,680.00 Lots along Corrales 5,040.00 Barangay 22 Lots along Gaabucayan St. 5,680.00 Lots along Corrales St. 5,040.00 Lots along Osmea Extn. 5,040.00 Barangay 23 Lots along Julio Pacana St. 5,680.00 Lots along Corrales St. 5,040.00 Barangay 24 Lots along Recto Avenue 15,300.00 Lots along Corrales St. 5,680.00 Lots along Sergio Osmea St. 15,300.00 Lot along Capt. V. Roa St. 5,680.00 Lots along Floirendo St. 5,040.00 Barangay 25 Lots along Julio Pacana St. 5,680.00 Lots along F. Abellanosa St. 6,280.00 Lots along Recto Avenue 15,300.00 Lots along Corrales St. 5,680.00 Barangay 26 Lots along Corrales Avenue 5,680.00 Lots along Recto-Avenue 15,300.00 Lots along Osmea St. 15,300.00 Barangay 27 Lots along Recto Avenue 15,300.00 Lots along A. Velez St. 15,300.00 Lots along Antonio Luna St.: a) From Velez St. to Corrales St. 5,040.00 b) From Corrales St. to Vicente Roa St. 5,040.00 Lots along Jose Rivera St. 4,660.00 Lots along Corrales Avenue 5,680.00 Lots along V. Roa St. 5,680.00 Barangay 28 Lots along Ramon Chavez St. 6,480.00 Lots along Osmea St. 15,300.00 Lots along Roa Extension 5,680.00 Lots along A. Luna St. 5,040.00 Barangay 29 Lots along Yacapin St. 12,600.00 Lots along A. Velez St. 15,300.00 Lots along Corrales St. 13,500.00 Lots along Domingo Velez 4,660.00 Lots along R. Chavez St. 6,480.00 Lots along Ramonal St. 4,660.00 Lots along Aguinaldo St. 4,660.00 Barangay 30 Lots along Corrales Avenue 13,500.00 Lots along R. Chavez St. 6,480.00 Lots along V. Roa St. 5,680.00 Lots along J. Rivera St. 4,660.00 Lots along Ebarle St. 4,660.00 Lots along Aguinaldo St. 4,660.00 Barangay 31 Lots along Osmea St. 15,300.00 Lots within LIMKETKAI Development Corp. 11,700.00 Lots along Sto. Nio Road 4,620.00 Lots along Pres. Roxas St. 4,620.00 Lots along Pres. Quirino St. 4,620.00 Barangay 32 Lots along Corrales Avenue 13,500.00 Lots along J.R. Borja St. 16,200.00 Lots along Yacapin St.: 1.) From Corrales to Cad. Lot 436 13,500.00 2.) From Cad. Lot 436 to Daumar St. 16,200.00 Lots along Aguinaldo St.: 1.) From Borja to Yacapin 16,200.00 2.) From Yacapin to Chaves 4,660.00 Lots along V. Roa 11,700.00 Lots along J. Ramonal 4,660.00 Lots along R. Chavez 6,480.00 Lots along Doa Nieves 4,660.00 Lots along S. Daumar 16,200.00 Barangay 33 Lots along J.R. Borja St. 16,200.00 Lots along R. Chaves St. 6,480.00 Lots along J. Ramonal St. 14,400.00 Lots along Yacapin St. 16,200.00 Lots along Sotero Daumar: a) From J.R. Borja to Yacapin 16,200.00 b) From Yacapin to R. Chaves 16,200.00 Lots along V. Roa 16,200.00 Lots along S. Osmea St. 16,200.00 Lots along Guillermo Extn. 16,200.00 Barangay 34 Lots along LKKS Drive 14,400.00 Lots along Yacapin (St.) Extn. 14,400.00 Lots along Pres. Osmea St. 16,200.00 Lots along Pres. Roxas St. 6,480.00 Lots along Pres. Quirino St. 6,480.00 Lots along J.R. Borja St.: a) From Osmea to Quirino St. 6,480.00 b) From Pres. Quirino St. to Pres. Garcia St. 6,480.00 Barangay 35 All lots along Pres. Quirino 6,480.00 All lots along Pres. Garcia 6,480.00 All lots along Yacapin Extension 6,480.00 All lots along LIMKETKAI Drive 10,800.00 All lots along LIMKETKAI Road 11,700.00 All lots along unnamed road/Sto. Nio Road 4,620.00 Lots along J.R. Borja Extn. 6,480.00 Barangay 36 Lots along Yacapin St. 6,480.00 Lots along Arch. J. Hayes Street 6,480.00 All lots along Pres. Garcia St. 6,480.00 All lots along J.R. Borja Extension 6,480.00 Barangay 37 Lots along J.R. Borja St.: a) From S. Osmea to Pres. Roxas St. 16,200.00 b) From Pres. Roxas to Pres. Garcia St. 6,480.00 Lots along Arch. J. Hayes St.: a) From Osmea to Quirino 11,700.00 b) From Quirino to Garcia 6,480.00 Lots along Pres. Roxas St. 6,480.00 Lots along Pres. Quirino St. 6,480.00 Lots along Pres. Garcia St. 6,480.00 Lots along Osmea St. 16,200.00 Barangay 38 Lots along J.R. Borja St. 16,200.00 Lots along Arch. J. Hayes St. 11,700.00 Lots along Daumar St. 12,600.00 Lots along Capt. Vicente Roa St. 16,200.00 Lots along Lt. Guillermo St. 16,200.00 Lots along Pres. Osmea St. 16,200.00 Barangay 39 Lots along J.R. Borja St. 16,200.00 Lots along Arch. J. Hayes 11,700.00 Lots along Mortola St. 11,700.00 Lots along Sotero Daumar 12,600.00 Barangay 40 Lots along J.R. Borja St. 16,200.00 Lots along Aguinaldo St. 6,480.00 Lots along Arch. J. Hayes Street 4,660.00 Lots along Fernandez St. 1,820.00 Lots along Corrales: a) from Fernandez to Hayes St. 4,660.00 b) from Hayes to Borja St. 13,500.00 Lots along Mortola St. 11,700.00 Barangay No. 41 Bugo Section 01 Lots along National Highway 1,520.00 Lots within Reyes Village Subd. 780.00 All other lots 430.00 Section 02 Lots along National Highway 1,520.00 Lots within Greymar Subd. 780.00 Lots within Reyes Village Subd. 780.00 All other lots 430.00 Section 03 Lots within Reyes Village Subd. 780.00 Lots within Villa Trinitas 620.00 All other lots 430.00 Sections 04 & 05 Lots along road to Alae 280.00 All other lots residential 130.00 All other lots agricultural Refer to schedule of Market Value on Agricultural Lands Sections 06, 07 & 08 Lots within Villa Trinitas 620.00 All other lots residential 130.00 All other lots agricultural Refer to schedule of Market Value on Agricultural Lands Section 09 All other lots agricultural Refer to schedule of Market Value on Agricultural Lands Section 10 Lots at Del Monte Complex 1,520.00 Lots along National Highway 1,520.00 Lots after 20% depth from National Highway 1,130.00 Barangay - Puerto 42 Section 01 Lots around Puerto Market 2,590.00 Lots along National Highway 1,520.00 All others Residential 780.00 All others Agricultural Please refer to market value on Agricultural Lands Section 02 Lots along National Highway 1,520.00 All others Residential 780.00 Section 03 Lots along road to Bukidnon 130.00 All others Agricultural Refer to market value on Agricultural Lands Sections 04, 05, 06, 07 & 08 Lots along road to Bukidnon 360.00 All others Residential 130.00 Section 09 Lots within Puerto Heights Village 1,500.00 Barangay - Agusan 43 Section 01 Lots along National Highway 1,520.00 All other streets 780.00 Section 02 Lots along National Highway 1,520.00 All others Residential 780.00 Section 03 Lots along National Highway 1,520.00 All others Residential 780.00 Section 04 Lots along National Highway 1,520.00 All others Residential 780.00 Sections 05, 06 & 07 Lots along Brgy. Road 130.00 All other Agri. Lots Refer to schedule of market value on agricultural lands Barangay - Balubal 44 Section 01 All lots along main Brgy. Road 130.00 All other Agricultural lots Refer to schedule of market value on Agricultural Lands Section 02 All lots along main Brgy. Road 130.00 All other streets 130.00 All other residential 130.00 All other Agricultural lots Refer to schedule of market value on Agricultural Lands Sections 03, 04 & 05 All other Residential 130.00 All other Agricultural lots Refer to schedule of market value on Agricultural Lands Barangay - Tablon 45 Section 01 Lots along Super Highway 1,520.00 Lots within Comm'l/Industrial Area 1,150.00 Lots within Villa Verde Subd. 780.00 All other Residential 780.00 Section 02 Lots along Linangohan & all other res. 130.00 CAD Lot Nos. 19038, 19047, - 19048 and 19049 430.00 Section 03 Lots along Super Highway 1,520.00 Lots within Comm'l/Industrial Area 1,150.00 All other Residential 780.00 All other Agricultural Refer to schedule of market value for Agricultural Lands Section 04 Lots along Super Highway 1,520.00 Lots within Comm'l/Industrial Area 1,150.00 All other Residential 780.00 All other Agricultural Refer to schedule of market value for Agricultural Lands Section 05 Lots along Super Highway 1,520.00 All other Residential 780.00 Agricultural Lots Refer to schedule of market value for Agricultural Lands Section 06 Lots along Super Highway 1,520.00 Lots within Comm'l/Industrial area 1,150.00 All other Residential 780.00 All other Agricultural Refer to schedule of market value for Agricultural Lands Section 07 All lots with PHASCO Village - and Villa Marias Subd. 780.00 All other Residential 430.00 All other Agricultural Refer to schedule of market value for Agricultural Lands Barangay - Tablon 45 Sections 08, 09 & 10 All other Residential 430.00 All other Agricultural Refer to schedule of market value for Agricultural Lands Section 11 lots within Comm'l/Industrial area 1,150.00 All other Residential 430.00 All other Agricultural Refer to schedule of market value for Agricultural Lands Barangay - F.S. Catanico 46 Sections 01 & 02 Lots along Main Brgy. Road 130.00 All other Res. Lot 130.00 All other Agr'l. Lots Refer to schedule of market value on Agricultural Lands Sections 03 & 04 All other Res. Lots 130.00 All other Agr'l. Lots Refer to schedule of market value on Agricultural Lands Barangay - Cugman 47 Sections 01 & 02 Lots along Nat'l. Highway 1,520.00 All other Residential 780.00 Section 03 Lots along Nat'l. Highway 1,520.00 Lots within AJ Land Vill. Subd. 1,500.00 Lots along Brgy. Road to Malasag 650.00 All other Residential 430.00 Section 04 Lots along Nat'l. Highway 1,520.00 Lots along old Nat'l. Road 1,200.00 All other Residential 430.00 Section 05 Lots along Nat'l. Highway 1,520.00 Lots within Comm'l/Industrial area 1,150.00 All other Residential 430.00 Section 06 Lots along Brgy. Road to Malasag 650.00 Lots within Alwana Village Subd. 1,500.00 all other Residential 130.00 all other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 07 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 08 Lots within Alwana Townhouse 1,500.00 Lots within Palm Spring Subdivision 780.00 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 09 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 10 Lots within Villa Flora Subd. 780.00 Barangay 48 Gusa Section 01 Lots along Superhighway 3,850.00 Lots within Sta. Cecilia Village 1,750.00 All others Residential 940.00 Lots along J.R. Borja Extension 1,750.00 Section 02 Lots along Superhighway 3,850.00 Lots along Old Road 1,610.00 Lots within Capistrano Complex 1,750.00 Section 03 Lots along Superhighway 3,850.00 Lots along Old Road 1,610.00 Lots along Brgy. Road 1,130.00 Lots within Villa Ernesto Phase II 1,750.00 All others Residential 940.00 Sections 04 & 05 Lots along Superhighway 3,850.00 Lots within Villa Ernesto Subd. 1,750.00 All others Residential 740.00 Section 06 Lots along J.R. Borja Extension 1,750.00 Lot along Barangay Road 940.00 All others Residential 740.00 Section 07 Lots within Capistrano Complex 1,750.00 Lots within Sta. Cecilia Village 1,750.00 Lots along J.R. Borja Extension 1,750.00 Section 08 All others Residential 360.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 9 Lots along the road 780.00 All others residential 360.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 10 Lots along the road 130.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 11 Lots along Superhighway 3,850.00 Lots going to & within East bound terminal 2,000.00 All others residential 940.00 Lots along J.R. Borja Extension 1,750.00 Section 12 All lots within Carretas Property 360.00 All others agricultural Refer to Schedule of Market Value on Agricultural Lands Section 13 Lots within Mega Heights Subd. 780.00 Sections 14 & 15 All lots Residential 360.00 Barangay 49 Indahag Section 01 Lots within Melecia Homes I 780.00 Lots along South Diversion Road 1,020.00 All others Residential 360.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 02 Lots within Arroville Subd. & Melecia Homes II 780.00 Lots along South Diversion Road 1,020.00 Lots along Mandumol-Indahag Road 380.00 All others Residential 360.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 03 Lots within Convention Center 360.00 All other Residential 130.00 All Lots along Mandumol Indahag Road 380.00 All other Agricultural Refer to Schedule of Market Value on Agricultural Lands Sections 04 & 05 Lots along Camaman-an-Indahag Road 380.00 Lots along Gusa Indahag Road 360.00 All others Residential 360.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 06 Lots along Mandumol-Indahag Road & Camaman-an-Indahag Road 380.00 All others residential 360.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 07 All other Agricultural Refer to Schedule of Market Value on Agricultural Lands All other residential 130.00 Barangay 50 Macasandig Section 01 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 All others Residential 430.00 Lots along Tomas Saco St. 1,600.00 Lots along 14th & 15th Sts. 1,600.00 Lots along 10th, 11th, 12th Sampaguita, C. Chaves, Fernhill 1,600.00 Jupiter & Apollo St. 1,600.00 Lots along Subd.-Brgy. Road 620.00 Section 03 Lots within 12th, 13th, 14th, 1,600.00 21st & 26th Sts. Section 04 Lots within 2933 620.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 05 Lot along Tomas-Saco St. 1,600.00 Lot along the road going to Taguanao 620.00 Lots along Tibasak Road 620.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 06 Lots along Tambo Road 620.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 07 Lots along Tambo Road 620.00 Lots within Royal Palm Subd. 1,500.00 Lots within Sunshine Village 780.00 Lots within Villa Linda 780.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 08 Lots within St. Ignatius Subd. 780.00 Lots along the Road 620.00 Lots along Tierra de Oro 780.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 09 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 10 & 11 Lots along Lawndale/Taguanao road 620.00 Lots within Aluba Subd. 780.00 All others Residential 430.00 Sections 12, 13 & 14 Lots within Buena Oro Subd., 620.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 15 & 16 Lots within Wood Land Heights & all other Subds. 780.00 All others Residential 430.00 Lots along Lawndale/Taguanao road 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 51 Nazareth Section 01 Lots along Tomas Saco St. 1,600.00 All other Residential Lot 1,600.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots along Dolores St. 1,600.00 Lots along 1st, 2nd, 3rd, 4th, 5th, 6th & 7th St. 1,400.00 Lots along 17th & 18th St. 1,400.00 Lots along 8th St. (from 22nd to James Hayes St.) 3,650.00 Lots along 22nd & James Hayes St. 3,650.00 Lots along James Hayes St. 6,480.00 Lots along Tomas Saco St. 1,600.00 Section 03 Lots along Tomas Saco St. 1,600.00 Lots along 8th, 9th, 10th, 11th, 12th, & Lots within Nazareth 1,400.00 Section 04 Lots along 21st, 20th, 12th, & 29th 1,400.00 All other Residential Lots 430.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 05 Lots along 8, 9, 11, 12, 21st, 31st St. 1,400.00 All other Residential Lot 1,400.00 Section 06 Lots along J. Hayes St. 11,700.00 Lots along 8th-22nd St. to J. Hayes St. 3,650.00 Lots along 8th St., from 22nd to 12th Sts. 1,400.00 Barangay 52 Camaman-an Section 01 Lots along Barangay Road 1,020.00 Lots along road from Hayes to J.R. Borja Ext./Macajalar 1,020.00 Lots along J.R. Borja Extension 1,750.00 All others Residential 840.00 Section 2 Lots along Hayes Extn. fronting Maria Reyna Hospital 4,060.00 Lots within Adela Subdivision 1,020.00 Lots within Pinikitan 1,020.00 All other Residential 940.00 Section 3 Lots along Barangay Road 940.00 All others Residential 740.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 4 Lots along Barangay Road 1,020.00 All lots Residential 740.00 Section 5 Lots along Barangay Road 1,020.00 All Lots Residential 740.00 Section 6 Lots within Carmen Ferrer/Ayisa Subd. 780.00 Lots within Rose Wood Subdivision 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands All others Residential 430.00 Section 7 Lots within Carmen Ferrer/Ayisa Subdivision 780.00 All other Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 8 Lots along Cemetery Road 940.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 9 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 10, 11 & 12 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lapasan 53 Section 01 Along Agora Market Road 5,680.00 Along the Road to PPA 5,680.00 Lots around Agora Market 5,680.00 All others Residential 1,180.00 Section 02 NHA Subdivision 1,180.00 All others Residential 1,180.00 Along Road to PPA up to Gaabucayan Extn. 9,900.00 Cor. Gaabucayan Extn. to PPA 5,680.00 Section 03 Along Superhighway 11,700.00 Along Road to Agora 9,900.00 Lot around Agora Market 5,680.00 All others Residential 1,180.00 Sections 04 & 05 Along Superhighway 11,700.00 Mauricio Baconga St. 1,180.00 All others Residential 1,180.00 Section 06 Along Superhighway 11,700.00 Along Barangay Road 1,180.00 All others Residential 580.00 Section 07 Ramon Dacucao Subd. 1,180.00 All others Residential 740.00 Section 08 Along Superhighway 11,700.00 Lot along Macajalar Road to J.R. Borja Extn. 1,180.00 All others Residential 1,180.00 Road going to Alagar 1,180.00 Section 09 Along Superhighway 11,700.00 LKKS & Sons Complex 10,800.00 Lots along Macajalar Road 1,180.00 All others Residential 1,180.00 Section 10 All others Agricultural Refer to Schedule of Market Values for Agricultural Lands All others Residential 740.00 Lots within LKKS Subd. 1,750.00 Section 11 Lot along J.R. Borja Extn. 1,180.00 All others Residential 740.00 Section 12 Lots along J.R. Borja Extension 1,180.00 Lots within Cronin Subd. & all other 740.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 13 Along J.R. Borja Extension 1,180.00 All others Residential 740.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 14 All others Residential 580.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 54 Consolacion Section 01 Lots along Abellanosa St. 3,650.00 Lots along Burgos St. 1,520.00 Lots along M. Vega St. 1,520.00 All others Residential 1,130.00 All others Agricultural Please refer to Market Value on Agricultural Lands Section 02 Lots along M. Vega St. 1,520.00 Lots along Burgos St. 940.00 Lots within CD Village Subdivision 1,130.00 All others Residential 1,130.00 Barangay 55 Puntod Section 01 Lots within NHA 940.00 All other Residential 940.00 All other Industrial 5,680.00 Section 02 Lots along J. Pacana 5,680.00 Lots along Corrales Extension 3,650.00 Lots within Mendoza St. 2,590.00 Lots within Cabaraban Subd. & along Escobido St. 1,320.00 All other Residential 1,320.00 Section 03 Lots along Escobido St. 1,320.00 Lots along J. Pacana 5,680.00 All other Residential 1,320.00 Section 04 Lots along J. Pacana 5,680.00 Lots along Corrales Extension 3,650.00 Lots along Gaabucayan 5,680.00 All other Residential 1,320.00 Section 05 Lots along Corrales Extension 3,650.00 Lots along Gaabucayan Extn. to Agora 5,680.00 All other Residential-Industrial 3,650.00 Lots within Chaves Subd. & all others residential 1,320.00 Section 06 Lots along Corrales Extension 3,650.00 All other Residential-Industrial 3,650.00 Lots within Mendoza Extn. 1,520.00 Section 07 All others residential 740.00 Barangay 56 Macabalan Section 01 Lots along Julio Pacana 5,680.00 Lots along NHA 1,520.00 Section 02 Lots along Julio Pacana 5,680.00 Lots along NHA 1,520.00 Section 03 Lots along Punta Road 3,650.00 Other lots within NHA 1,520.00 Sections 04-05 Other lots within NHA 1,520.00 All others Res.-Accreation Area 940.00 Lots along Barra Road to Piaping Puti 1,690.00 Barangay 57 Bonbon Section 01 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 02 & 03 Lots along Barangay Road 940.00 All others Residential 860.00 Section 04 Lots along Pasil Road 940.00 All others Residential 860.00 Section 05 All lots along Kauswagan-Bonbon Road 1,070.00 All others Residential 860.00 Section 06 Lots along Barangay Road 940.00 All others Residential 860.00 Barangay 58 Bayabas Sections 01, 03 & 04 All lots along Barangay Road & other streets 940.00 All others Residential 860.00 All others Agricultural Please refer to Schedule of Market Value for Agricultural Lands Section 02 All lots within Nemesio Chaves Village 940.00 Lot along Kauswagan-Bonbon Road 1,070.00 All others Residential 860.00 Section 05 Lots along West Bound Terminal Road 1,180.00 All others Residential 860.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lot along Barangay Road 940.00 Barangay 59 Kauswagan Section 01 Lots along Superhighway 2,110.00 Lots along Kauswagan-Bonbon Road 1,750.00 Lots within RER Subd. (Phase I) 1,750.00 All others (Kauswagan Road) Residential 1,600.00 Section 02 Lots along Superhighway 2,110.00 Lots within RER Subdivision 1,750.00 Lots along Kauswagan-Bonbon Road 1,400.00 All others Residential 940.00 Section 03 Lots along Kauswagan-Bonbon Road 1,070.00 Lots along Barangay Road 940.00 Lots along Pasil Road 840.00 All others Residential 840.00 All others (Agricultural) Refer to Schedule of Market Value for Agricultural Lands Sections 04 & 05 Lots along Barangay Road 940.00 All others Residential 840.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 06 & 07 Lots along Kauswagan-Bonbon Road 1,070.00 Lots along Pasil Road 840.00 Lots within San Isidro Village 840.00 Lots within Villa Vicente 940.00 Lots within Bernardo Agawin Compound 840.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 08 Lots along Barangay Road 940.00 Lots within San Isidro Village and all others Residential 940.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 09 Lots along Barangay Road 1,020.00 Lots within Sunrise Village and all others Residential 940.00 All others Residential 430.00 Section 10 Lots along Superhighway 2,110.00 Lots within RER Subdivision 1,750.00 Sections 11 & 12 Lots along Superhighway 2,110.00 Lots along Road to NHA 1,400.00 Lots within Scions & NHA 1,400.00 Lots within PROGOSON Subd. 1,020.00 All others Residential 940.00 Lots along Barangay Road going IS 1,020.00 Section 13 Lots and along STI 1,020.00 Lots along Bayabas Road 940.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 14 Lots along Kauswagan-Bonbon Road 1,070.00 Lots along Bayabas Road 940.00 All others Residential 430.00 Section 15 Lots along Bayabas road 940.00 Lots along NHA-Bayabas Road 940.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lots along NHA-Kapisnon Road 940.00 Section 16 Lots along Barangay Road 940.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 17 Lots along Road to Westbound Terminal from Super Highway 1,180.00 Lots along Barangay Road 940.00 All others Residential 840.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 18 Lots along Superhighway 2,110.00 Lots along road to NHA 1,400.00 All others Residential 840.00 Section 19 Lots along Superhighway 2,110.00 Lots along Barangay Road to Patag 940.00 All others Residential 840.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 20 Lots within Molawan & Gaboa Subdivision 940.00 Lots along Barangay Road 940.00 Lots within Salcedo Compound 940.00 Section 21 Lots along Superhighway 2,110.00 Lots along Barangay Road to Patag 940.00 All others Residential 940.00 Section 22 Lots within NHA (Phase II & III) 1,400.00 All others Residential 940.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 23 Lots along Superhighway 2,110.00 Lots within NHA 1,400.00 All others Residential 940.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 24 Lots along Superhighway 2,110.00 Lots along Road to NHA 1,020.00 Lots within NHA 1,400.00 All others Residential 940.00 Barangay 60 Patag Section 01 Lots along National Road 1,800.00 Lots within Buenavista Village 780.00 Lots within Dolores Subd. 940.00 Lots within RER Subd. 1,750.00 All others Residential 680.00 Section 02 Lots along National Road 1,800.00 All lots along and within Gaboa, Bual & Tejero Subd. 940.00 Lots within N.H.A. 940.00 Section 03 Lots along National Road 1,800.00 All others Residential 860.00 Lot within Gaboa & Bual Subd. 940.00 Section 04 Lots within Eduardville Subd. 430.00 Section 05 Lots within Military Reservation 940.00 Section 06 Lots along National Road 1,800.00 Lots along Road going to 4th ID Zone, Military Reservation & NHA 940.00 Section 07 Lots along National Road 1,800.00 Lots along Road to 4th ID 940.00 Lots along Mindanao Golden Village Subd. 1,500.00 All others Residential 680.00 Section 08 Lots along Golden Valley Subd. 1,370.00 All others Residential 680.00 Lots within Military Reservation 940.00 Section 09 Lots along Barangay Road 680.00 All others Residential 430.00 Section 10 Lots within Consumers Coop. Subdivision 430.00 All others Residential 430.00 Barangay 61 Carmen Section 01 Lots along National Road 2,630.00 Lots along Acasia Extn. 900.00 Lots within Bliss, Xavier Compd. and Fisla Village Subd. 900.00 Lots along road going to Balulang 900.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots along Vamenta Blvd. 3,650.00 Lots along road to Ysalia bridge 3,650.00 Lots also J.V. Seria St. up to Madonna Hospital 1,750.00 Lots along Gumamela, Everlasting, Caimito & Acasia 1,400.00 Lots along Azucena, Camia Bougainvilla, Dahlia and Banaba Sts. 1,400.00 All others Residential 430.00 Section 03 Lots along Vamenta Blvd. from Cor J.V. Seria to Binonoan 4,450.00 Creek Lots along V. Castro St. and around Carmen Market 5,470.00 Lots along J.V. Seria St. 1,750.00 Lots along Fernandez, Jasmin, Narra, Mahogany and Ipil Sts. 1,400.00 Lots along Barrio Hall and Dabatian Extension & C. Castro Extn. 1,400.00 All others Residential 900.00 Section 04 Lots along Vamenta Blvd. from Binonoan Creek to 3,650.00 Kauswagan-Patag junction Lots along National Road going to Patag 3,650.00 Lots along Max Suniel, Villarin, Mabolo, Oak, Yakal, 1,400.00 Gemelina, Lerio and Barrio Hall Lots along Barangay Road 1,400.00 All others Residential 900.00 Section 05 Lots along National Road going to Barangay Patag 2,640.00 Lots along Villarin Sts. 1,400.00 Lots along Max Suniel Street 1,400.00 Lots along Gemelina and Molave Sts. (going to Middleton) 1,400.00 All others Residential 900.00 Section 06 Lots along J.V. Seria, Max Suniel, and Villarin Sts. 1,400.00 All others Residential 900.00 Section 07 Lots along J.V. Seria Sts. from Madonna Hospital to 1,400.00 Fernandez St. Lots along Gumamela Extn. 1,400.00 Lots along road going to Canitoan 900.00 All others Residential 900.00 Section 08 Lots along National Road up to Pryce Plaza entrance 1,020.00 Lots within Pryce Hotel 1,020.00 Lots along Road to Balulang 900.00 All others Residential 900.00 Section 09 Lots within Mother Ignacia and lots along Road going to 620.00 Canitoan Lots within Francis Parents Foundation Subdivision 900.00 Lots within Sacred Heart Village 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 10 Lots along National Road going to Barangay Patag 1,400.00 Lots along Villarin St. 1,400.00 Lots along J.V. Seria St. 1,400.00 Lots within Mindanao Golden Village Subd. 1,750.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 11 Lots along National Road 2,640.00 Lots within RER Subdivision 1,750.00 All others Residential 1,020.00 Section 12 Lots along old Road to Canitoan 680.00 Lots within Oro Housing 680.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 13 Lots along National Road going to Lumbia Airport 1,020.00 Lots along Road to Balulang 900.00 Lots within BLISS 840.00 Lots within Hilltop Subd. 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 14 Lots along Road to Balulang 900.00 Lots within BLISS 900.00 Lots within Emily Homes 1,020.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 15 Lots within Oro Vista Village 430.00 Lots along Landfill SM 680.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 16 Lots along Road to Canitoan 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 17 Lots along National Road to Lumbia 1,020.00 Lots within Oro Vista Village 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lots along Landfill SM Road 680.00 Section 18 Lots along National Road to Lumbia 1,020.00 Lots within Hilltop Countryville Subdivision 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 19 and 20 Lots along Road to Canitoan 430.00 Lots within Hilltop Countryville Subdivision 430.00 Section 21 Lots along National Road to Lumbia 1,020.00 Lots within Morning Mist Subd. 2,000.00 Section 22 Lots within North Golden Glow Village Subdivision 1,500.00 Lots along National Road 1,020.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 23 Lots within Golden Glow Village Subdivision Phase 1 and Golden Village Subdivision Annex 2,000.00 Section 24 Lots within PHILAM Village 2,000.00 Lots within Pueblo de Oro Business Park & SM 2,000.00 Lots along National Road to Lumbia 430.00 Section 25 Lots within Morning Mist Village II or Hillsborough Subd. 2,000.00 Sections 26, 27 and 28 Lots within San Agustin Valley Homes 1 and 2 780.00 Section 29 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 62 Balulang Section 01 Lots along National Road to Lumbia 1,020.00 Lots along Balulang Road 700.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots along National Road to Lumbia 1,020.00 Lots along Balulang Road 700.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 Lots along Balulang Road 700.00 Lots within Caballero Compound 680.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 Lots along National Road to Lumbia 1,020.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 05 Lots within Gold City Subd. 780.00 Lots within Lourdesville Homes (NHA) 780.00 Section 06 Lots within Villa Nena Subd. 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 07 & 08 Lots within Villa Angela Subd. 780.00 Section 09 Lots within Camella Homes 1,500.00 Section 10 Lots within Camella Homes 1,500.00 Lots within River Grand Subd. 2,000.00 Sections 11 & 12 Lots along National Road to Lumbia 1,020.00 Lots within Xavier Heights Subd. 780.00 Section 13 Lots within Xavier Estates 2,000.00 Sections 14 & 15 Lots within Xavier Estates 2,000.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 16 & 17 Lots within Xavier Estates (Phase IV A. Brown) 2,000.00 Barangay 63 Pagatpat Section 01 Lots along Main Road 280.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots along Brgy. Roads (Sili-Sili) 130.00 Lots within Pagatpat Village/Mindanao Home 430.00 Lots along Road going to Mindanao Homes 280.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 Lots along Main Road 280.00 Lots along Barangay Road 130.00 All along Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 04 & 05 Lots along Main Road 280.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 06 & 07 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 64 Canitoan Sections 01 & 02 Lots along Road going to Pagatpat 340.00 Lots along Barangay Roads 280.00 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 Lots along Canitoan Road going to Bulua 340.00 Lots along Barangay Road 280.00 Lots within Scions Subdivision 430.00 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 04 & 05 Transferred to Carmen Sec. 09 & 15 Section 06 Lots within P.N. Roa Subdivision 780.00 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 07 All others Residential 280.00 Lots within Calaanan Resettlement 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lots along Barangay Road 280.00 Section 08 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 09 Lots along National Road to Lumbia 1,020.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 10 Lots along National Road to Lumbia 1,020.00 Lots along Runway 430.00 Lots within Pueblo de Oro Golf Course 2,000.00 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lots along Barangay Road 280.00 Section 11 Lots along Barangay Roads 280.00 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 12 Lots within Sta. Monica Heights 680.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands All others Residential 280.00 Sections 13 to 15 This Section is transferred to Carmen Section 18, 19 & 23, per City Ordinance No. 9051 Series of 2004 Section 16 Lots along Carmen-Canitoan Road & Bulua-Canitoan Road 340.00 All others Residential 280.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 17 Lots within La Buena Vida I 780.00 Section 18 This Section is transferred to Carmen Section 24 per City Ordinance No. 9051-2004 Section 19 Lots within La Buena Veda II 780.00 Lots within Frontiera Subdivision 1,500.00 Section 20 Lots within La Buena Vida III (Montaa Vista) 1,500.00 Section 21 Lots within La Buena Vida I 780.00 Section 22 Lots along National Road to Lumbia 1,020.00 Lots within Grand Europa 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 23 Transferred to Carmen Section 26 Sections 24, 25, 26 and 27 Lots within La Brisa Subdivision 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 28 to 31 This Section is transferred to Carmen Section 23, 27, 25 & 28 per Ordinance No. 9051-2004 Section 32 Lots within Portico Subd. 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 33 This Section is transferred to Carmen Section 22 per City Ordinance No. 9051-2004 Section 34 Lots along Road to Carmen I 340.00 All others Residential within the Subd. 340.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lots along Barangay Road 280.00 Section 35 Lots within Vista Verde Subd. 1,500.00 Barangay 65 Bulua Section 01 Lots along Barangay road 620.00 Lots within GMG Homes 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots from Superhighway to Westbound Terminal & Public 1,180.00 Market Lots around Westbound Terminal & Public Market 1,180.00 All others Residential 680.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 Lots along Barangay Roads 760.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 Lots along Superhighway 1,650.00 Lots along Barangay Road 760.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 05 Lots along Superhighway 1,650.00 Lots along lots Barangay Roads and road going 780.00 to Anhaon-Canitoan All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 06 Lots along Superhighway 1,650.00 Lots along road to Westbound Terminal & Public Market 1,180.00 Lots within Sunflower Subdivision 780.00 All others Residential 680.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 07 Lots along Superhighway 1,650.00 Lots along National Road to Patag 1,650.00 All other Barangay Roads 760.00 All others Residential 680.00 Section 08 Lots along National road 1,650.00 Lots within APOVEL Subd. 1,500.00 All others Residential 680.00 Section 09 Lots along Barangay Road to Anhaon-Canitoan 780.00 Lots within Apovel Subdivision 1,500.00 All others Residential 680.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 10 Lots along Superhighway 1,650.00 Lots along Barangay road to Anhaon-Canitoan 780.00 All others Residential 680.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 11 Lots along Barangay Road to Anhaon-Canitoan 780.00 Lots within Terry Hills 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands All others Residential 680.00 Section 12 Lots within Apovel Subd. 1,500.00 Section 13 Lots within Eduardville Subd. 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 14 Lots along road to Canitoan 780.00 Lot within Gokingville Subdivision 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 15 Lots within Villa Candida Subd. 1,220.00 Section 16 Lots within Soldier Hills Subd. 680.00 Section 17 Lots along road to Canitoan 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 66 Iponan Section 01 Lots along Quinasanghan Road to Regency Subdivision 780.00 Lots along Superhighway 1,270.00 Lots along Barangay Road 940.00 Lots within Regency Plains Subd. 780.00 Lots within Virginia Homes Subd. 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 02 Lots along Superhighway 1,270.00 Lots along Barangay Road from Centro Iponan to Regency 780.00 Lots along Old Iponan Road 940.00 Lots along Road from Superhighway to Iponan 940.00 Lots within Virginia Homes II 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value on Agricultural Lands Section 03 Lots along Road from Superhighway to Iponan 940.00 Lots along Barangay Road (Centro Iponan) 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 Lots along Barangay Road (Centro Iponan) 780.00 All others Residential 620.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 05 Lots along Road to Baikingon 510.00 Lots within Virginia Village 780.00 Lots within Coca-Cola Subdivision 780.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 06 Lots along Barangay Road to Baikingon 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 07 Lots within Promised Land Village 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 08 & 09 Lots within Regency Plain Subd. 780.00 Section 10 Lots within FICCO Subdivision 780.00 Sections 11 & 12 Lots within KISAN LU Subd. 780.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 13 Lots within Villamar Subd. 780.00 Section 14 Lots within Westfield Homes Subdivision 780.00 Barangay 67 Baikingon Section 01 All lots along Barangay Road 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 All lots along Barangay Road 130.00 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 All lots along Barangay Road 130.00 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 68 San Simon Section 01 Lots along Barangay Puntod 130.00 Lots within Barangay Proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots along Barangay Puntod 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 69 Lumbia Section 01 Lots along road to Pagalongan 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots along road to Pagalongan 130.00 Lots within Gutierrez Subdivision 430.00 All others Residential 430.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 All others Residential 360.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 Lots along road to City proper 920.00 Lots along road Barangay road to Lumbia proper 350.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 05 Lots along National Road 920.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 06 Lots along road from City Proper up to Lumbia crossing 920.00 Lots along road to Lumbia proper 500.00 Lots within Cool Breeze Subdivision 430.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Lots along Provincial Road from Lumbia crossing to Cabula 360.00 Section 07 Lots along Provincial Road 360.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 08 Lots along Barangay Road 130.00 Lots within J. Untua Subdivision 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 09 Lots along Barangay Road (Lumbia proper) 500.00 All other interior lots (Lumbia proper) 350.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 10 Lots along Barangay Roads 290.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 11 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 70 Bayanga Sections 01, 02 and 03 Lots along Provincial Road 360.00 All others Residential lots 130.00 All others Agricultural lots Refer to Schedule of Market Value for Agricultural Lands Sections 04 & 05 Lots along Barangay Streets 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 71 Mambuaya Sections 01 & 02 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 All lots along Provincial Road 360.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 All lots along Provincial Road 360.00 All lots within Mambuaya Proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 05 & 06 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 72 Dansolihon Section 01 All lots along Provincial Road (National Highway) 360.00 All lots within Dansolihon Proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 02 & 03 All lots along Provincial Road (National Highway) 360.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 73 Tignapoloan Sections 01 & 02 All lots along Main Road 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 03 All lots within Tignapoloan proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 74 Besigan Sections 01, 02 & 03 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 04 All lots within Besigan proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 05, 06 & 07 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 75 Tagpangi Section 01 Lots along road to Pagalongan 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots within Tagpangi proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 03, 04 & 05 Lots along Barangay road 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 06 & 07 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 76 Pagalongan Section 01 Lots along Barangay Road 130.00 Lots within Pagalongan Proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 02, 03 & 04 Lots along Barangay Road 130.00 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 05, 06 & 07 All other Residential 130.00 All other Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 77 Taglimao Section 01 All lots along road to Pagalongan 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 Lots within Taglimao proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 03, 04 & 05 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 78 Tuburan Section 01 Lots along road to Taglimao 130.00 Lots within Tuburan proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 02, 03, 04 & 05 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 79 Pigsag-an Section 01 All lots along road to Tuburan 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Section 02 All lots within Pigsag-an proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 03 & 04 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Barangay 80 Tumpagon Section 01 Lots along Barangay Road 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands Sections 02 & 03 Lots within Tumpagon proper 130.00 All others Residential 130.00 All others Agricultural Refer to Schedule of Market Value for Agricultural Lands 2008 Schedule of Market Values (Agricultural Lands) Kind 2008 SMV Unit Value per Hectare First Class Agricultural Lands: COCOLAND P60,000.00 MANGOLAND 48,000.00 CORNLAND 43,380.00 ORCHARD 42,000.00 RICELAND 32,000.00 BANANALAND 32,000.00 FISHPOND 30,000.00 NIPALAND 24,600.00 Second Class Agricultural Lands: COCOLAND P48,000.00 MANGOLAND 38,400.00 CORNLAND 34,700.00 ORCHARD 33,600.00 RICELAND 25,600.00 BANANALAND 25,600.00 FISHPOND 24,000.00 NIPALAND 19,680.00 Third Class Agricultural Lands: COCOLAND P36,000.00 MANGOLAND 28,800.00 CORNLAND 26,030.00 ORCHARD 25,200.00 RICELAND 19,200.00 BANANALAND 19,200.00 FISHPOND 18,000.00 NIPALAND 14,760.00 Fourth Class Agricultural Lands: COCOLAND P24,000.00 MANGOLAND 19,200.00 CORNLAND 17,350.00 ORCHARD 16,800.00 RICELAND 12,800.00 BANANALAND 12,800.00 FISHPOND 12,000.00 NIPALAND 9,840.00 Schedule of Market Values Plants and Trees Kind Unit Value Atis 36.00 Avocado 96.00 Balimbing 50.00 Bamboo Clamp 240.00 Banana Hill 174.00 Bread Fruit (Colo) 100.00 Cacao 84.00 Cadistil 80.00 Caimito 120.00 Camias 80.00 Cashew 72.00 Cherries 90.00 Chico 90.00 Citrus 72.00 Coconut 308.00 Coffee 136.00 Durian 614.00 Falcata 165.00 Gmelina 260.00 Ginger Hill 10.00 Grapes 100.00 Guava 100.00 Guyabano 120.00 Ipil-Ipil 300.00 Jackfruit 168.00 Kamansi 130.00 Kapok (Doldol) 100.00 Lanzones 105.00 Lomboy 95.00 Mabolo 120.00 Macopa 156.00 Mahogany 290.00 Mango 936.00 Marang 155.00 Molave 300.00 Narra 300.00 Pili 120.00 Pomelo 96.00 Rambutan 130.00 Sambag 130.00 Santol 288.00 Sereguelas 125.00 Suha 100.00 Tabon-Tabon 125.00 Tambis 110.00 Tisa 110.00 Classification of Agricultural Lands by Productivity Banana Land (Local) First Class With a productivity of more than 3,000 kilos of banana fruits annually per hectare. Second Class With a productivity of more than 2,500 to 3,000 kilos of banana fruits annually per hectare. Third Class With a productivity of more than 1,500 to 2,500 kilos of banana fruits annually per hectare. Fourth Class With a productivity of less than 1,500 kilos of banana fruits annually per hectare. Banana Land (For Export) First Class With a productivity of more than 5,000 kilos of banana fruits annually per hectare. Second Class With a productivity of more than 3,500 to 5,000 kilos of banana fruits annually per hectare. Third Class With a productivity of more than 2,500 to 3,500 kilos of banana fruits annually per hectare. Fourth Class With a productivity of less than 2,500 kilos of banana fruits annually per hectare. Coconut Land First Class With a productivity of more than 70 nuts annually per tree. Second Class With a productivity of more than 50 to 70 nuts annually per tree. Third Class With a productivity of more than 30 to 50 annually per tree. Fourth Class With a productivity of less than 30 nuts annually per tree. Corn Land First Class With a productivity of more than 50 cavans of corn annually per hectare. Second Class With a productivity of more than 35 to 50 cavans of corn annually per hectare. Third Class With a productivity of more than 20 to 35 cavans of corn annually per hectare. Fourth Class With a productivity of less than 20 cavans of corn annually per hectare. Fishpond/Prawnfood First Class With an average income of more than P100,000 per hectare annually. Second Class With an average gross income of more than P70,000 to P100,000 per hectare annually. Third Class With an average gross income of more than P40,000 to P70,000 per hectare annually. Fourth Class With an average gross income of less than P40,000 per hectare annually. Nipa Land First Class With an average income of more than P10,000 per hectare annually. Second Class With an average gross income of more than P7,000 to P10,000 per hectare annually. Third Class With an average gross income of more than P4,000 to P7,000 per hectare annually. Fourth Class With an average gross income of less than P4,000 per hectare annually. Orchard/Mango Land First Class With an average income of more than P25,000 per hectare annually. Second Class With an average gross income of more than P15,000 to P25,000 per hectare annually. Third Class With an average gross income of more than P5,000 to P15,000 per hectare annually. Fourth Class With an average gross income of less than P5,000 per hectare annually. Riceland (Lowland) with Irrigation Facilities First Class With a productivity of more than 165 cavans of palay annually per hectare. Second Class With a productivity of more than 126 to 165 cavans of palay annually per hectare. Third Class With a productivity of more than 86 to 125 cavans of palay annually per hectare. Fourth Class With a productivity of less than 86 cavans of palay annually per hectare. Riceland (Lowland) without Irrigation Facilities First Class With a productivity of more than 63 cavans of palay annually per hectare. Second Class With a productivity of more than 47 to 63 cavans of palay annually per hectare. Third Class With a productivity of more than 20 to 47 cavans of palay annually per hectare. Fourth Class With a productivity of less than 20 cavans of palay annually per hectare. Riceland (Upland) First Class With a productivity of more than 53 cavans of palay annually per hectare. Second Class With a productivity of more than 40 to 53 cavans of palay annually per hectare. Third Class With a productivity of more than 30 to 40 cavans of palay annually per hectare. Fourth Class With a productivity of less than 30 cavans of palay annually per hectare. CHAPTER 3 General Provisions SECTION 3. Uniformity of Assessment. To maintain a uniformity of assessment of all properties in the City of Cagayan de Oro, this schedule of base market values shall be controlling, but where the property to be assessed is of a kind not classified in this schedule or of a kind for which a value is not herein fixed, it shall be appraised on the basis of the market values independent of this schedule. For lands, the basis of market values shall be adjacent to or surrounding the subject property prevailing in the locality where the property is located as fixed by this schedule. Likewise, lands which have been classified in the herein schedule of values as either commercial, residential, industrial or agricultural but whose use or classification has, since the approval of this schedule, been changed due to further improvement and development maybe revalued or reassessed by the City Assessor based on actual use, even before the next General Revision. SECTION 4. Assessment of Urban Lands. 1. The standard depth of commercial and residential lots in the City of Cagayan de Oro is 20 meters depth. As a general rule, the rate per square meter herein fixed for commercial and residential lands shall be applied to all lands abutting public roads or streets within 20 meters from the roads or street and beyond the first strip shall be assessed at 80% of the rate applied to the first strip of 20 meters and diminishing at the rate of 20% for each succeeding strip until fourth strip. The remaining portion shall be assessed 20% of the rate applied to the first strip. Provided, however, that in case the parcel of land abutting two roads or streets on two sides with different base values, the stripping and valuation thereof shall be based on the principal street or road with the higher base values. 2. Corner influence value of 10% of the base value shall be added to the valuation of lots situated at the corner of two streets or roads. Provided, however, that if the streets or roads have different base value, the higher base value shall be used in determining the value, and the corner influence shall not apply. 3. A reduction of 10% and 20% shall be applied from the base value fixed, for lands along gravel, earth or dirt, and proposed streets or roads, respectively. In similar manner, if the streets or roads and/or section thereof are subsequently improved or constructed the appraisal and assessment of the same shall be adjusted accordingly. As a general rule, 100% base value per square meter for urban (Commercial, Industrial and Residential) shall be applied to all lands within the first strip of 20 meters fronting asphalted or concreted roads or streets. TIADCc 4. For low and sunken areas of land, a reduction of P100.00 per cubic meter from the base value per square meter maybe allowed due to the cost of filling so as to bring the same at par with the adjoining filled and developed lots. Provided, however that the reduction of the cost of filling shall not exceed 30% of the base market value. 5. In the case of big tract of agricultural lands and classified as such under this schedule of base market value, a portion of not less than 200 square meters shall be classified as residential area whether such area is actually used as residential or not. The remaining portion of said big tract of land shall be appreciated according to its actual use and shall be valued on the basis of this schedule. 6. Agricultural lands which have been converted into subdivision and approved by proper authorities but not yet develop nor use as residential shall be classified and assessed as agricultural. However, when subdivision lots are transferred to the vendee/s, the same shall be classified and as residential although, the subdivision remained undeveloped. Subdivisions are deemed developed when roads are constructed and passable by motor vehicles although, unasphalted or uncemented. 7. Roads and streets of subdivision shall be valued on the basis of estimated cost of cementing, asphalting or paving of gravel and sand, such road or street shall be assessed at 30% of the total estimated cost. SECTION 5. Assessment of Special Property, Defined under Sec. 216, R.A. 7160. Cemetery and Golf Course shall be appraised and valued similarly to those properties adjoining the same. CHAPTER 4 Assessment Levels SECTION 6. Assessment Levels. The assessment levels to be applied to the fair market value of real property to determine its assessed value shall be: a) On Lands: Class Assessment Levels Residential 7% Commercial 10% Industrial 10% Agricultural 40% Mineral 50% Timberland 20% b) Special Class: AIDSTE Actual Use Assessment Levels Cultural 8% Scientific/Educational 8% Hospital 8% Local water district, gov't. owned or controlled corporations engaged in the supply of water and/or generations and transmission of electric power 7% Religious 8% Parking Space 4% Republic of the Phil. & City Gov't. 4% c) Others: Actual Use Assessment Levels Recreational 10% Cemetery 2% Road Approved subdivision roads, alleys, road lots still in the name of subdivision or private person utilized by the homeowners and general public 0% TITLE III Revised Schedule of Market Values for Buildings & Other Improvements per Square Meter CHAPTER 5 Market Values for Buildings SECTION 7. Rates. The following schedule of market values per square meter for buildings is hereby prescribed as the basis for the classification, appraisal and assessment of real properties located in the City of Cagayan de Oro. Schedule of Market Values for Buildings & Other Improvements Per Square Meter (1) (2) (3) Shopping Center/ Sari-Sari Store Residential Supermarket One Family Dwelling Type I-A 6,910.00 3,170.00 5,780.00 I-B 6,230.00 2,990.00 5,330.00 II-A 5,780.00 2,820.00 4,580.00 II-B 5,540.00 2,650.00 3,830.00 II-C 5,330.00 2,490.00 3,310.00 II-D 5,110.00 2,300.00 2,990.00 III-A - 2,010.00 2,760.00 III-B - 1,700.00 2,660.00 III-C - 1,400.00 2,500.00 III-D - 1,220.00 2,300.00 III-E - 1,050.00 1,670.00 IV-A - 860.00 840.00 (4) (5) (6) Two-Family Dwelling/Multiple Accesoria or Row Boarding Dwelling House House/Lodging (Duplex to House Quadruplex) Type I-A 3,910.00 3,830.00 3,910.00 I-B 3,540.00 3,440.00 3,730.00 II-A 3,060.00 2,750.00 3,580.00 II-B 2,880.00 2,470.00 3,340.00 II-C 2,750.00 2,210.00 3,170.00 II-D 2,580.00 2,000.00 3,060.00 III-A 2,360.00 1,800.00 2,990.00 III-B 2,040.00 1,580.00 2,710.00 III-C 1,850.00 1,490.00 2,580.00 III-D 1,800.00 1,370.00 1,970.00 III-E - - - IV-A - - - (7) (8) (9) Town House/ Condominium Hotel Apartment Type I-A 5,540.00 6,230.00 7,160.00 I-B 4,780.00 5,540.00 6,250.00 II-A 4,250.00 4,780.00 5,940.00 II-B 3,710.00 3,890.00 5,640.00 II-C 3,280.00 3,730.00 5,510.00 II-D 2,810.00 3,350.00 5,270.00 III-A 2,600.00 - 4,930.00 III-B 2,280.00 - 4,700.00 III-C 2,050.00 - 4,490.00 III-D 1,490.00 - - III-E - - - IV-A - - - (10) (11) (12) Motel Chapel/Church School Type I-A 4,930.00 4,780.00 3,950.00 I-B 4,780.00 3,700.00 3,890.00 II-A 3,890.00 3,650.00 3,720.00 II-B 3,730.00 3,540.00 3,460.00 II-C 3,430.00 3,420.00 3,310.00 II-D 3,350.00 3,260.00 3,230.00 III-A 3,290.00 3,190.00 3,110.00 III-B 3,130.00 2,960.00 2,960.00 III-C 2,990.00 2,740.00 2,820.00 III-D - 2,280.00 2,450.00 III-E - - - IV-A - - - (13) (14) (15) Theatre Office Building Funeral Parlor (Banks)/Hospital Type I-A 4,780.00 6,250.00 5,920.00 I-B 3,700.00 5,920.00 5,640.00 II-A 3,650.00 5,320.00 5,320.00 II-B 3,540.00 4,940.00 4,940.00 II-C 3,420.00 4,630.00 4,560.00 II-D 3,260.00 4,520.00 4,520.00 III-A - 4,340.00 4,340.00 III-B - 4,150.00 4,150.00 III-C - 3,950.00 - III-D - 3,430.00 - III-E - - - IV-A - - - (16) (17) (18) Restaurant Restaurant Bowling Lanes & (Closed Type) (Open Type) Pelota Courts Recreation Type I-A 5,920.00 3,300.00 4,760.00 I-B 5,640.00 2,950.00 4,540.00 II-A 5,320.00 2,600.00 4,280.00 II-B 4,940.00 2,250.00 4,030.00 II-C 4,630.00 1,900.00 3,660.00 II-D 4,520.00 1,550.00 3,050.00 III-A - 1,200.00 - III-B - 850.00 - III-C - - - III-D - - - III-E - - - IV-A - - - (19) (20) (21) Gasoline Station Industrial Building Cottages (Lumbershed, (Warehouse/Bodega) Stall, Beach Guardhouse, Garage, Powerhouse) Type I-A 3,900.00 3,900.00 2,520.00 I-B 3,820.00 3,820.00 2,390.00 II-A 3,550.00 3,550.00 2,260.00 II-B 3,500.00 3,500.00 2,120.00 II-C 3,460.00 3,460.00 1,990.00 II-D 3,410.00 3,410.00 1,850.00 III-A - 2,390.00 1,790.00 III-B - 2,060.00 1,700.00 III-C - 1,700.00 1,640.00 III-D - 1,420.00 1,400.00 III-E - 1,090.00 740.00 IV-A - - 530.00 (22) (23) (24) Swimming Pool Display Centers Cold Storage (Appliances, Vehicles) (Iceplant) Type I-A 3,600.00 3,820.00 3,950.00 I-B 3,000.00 3,590.00 3,890.00 II-A - 3,360.00 3,720.00 II-B - 3,120.00 3,460.00 II-C - 2,880.00 3,310.00 II-D - 2,640.00 3,230.00 III-A - - - III-B - - - III-C - - - III-D - - - III-E - - - IV-A - - - (25) (26) Gymnasium/Coliseum Agricultural (Poultry, Piggery, Corn & Coco Drier) Type I-A 4,760.00 2,560.00 I-B 4,540.00 2,440.00 II-A 4,290.00 2,300.00 II-B 4,030.00 2,160.00 II-C 3,660.00 2,020.00 II-D 3,050.00 1,890.00 III-A 2,930.00 1,820.00 III-B 2,860.00 1,740.00 III-C 2,560.00 1,670.00 III-D 2,220.00 1,430.00 III-E - 900.00 IV-A - 640.00 CHAPTER 6 Classification of Building and Other Structures SECTION 8. Classification. Building shall be classified according to its actual use and construction characteristics. The Unit Values established for each class together with a set of additional factors shall constitute the market value. AaCTcI Building shall be classified according to its structural characteristics, as follows: Type 1 Reinforced Concrete A. Foundation : Matting (with piles, tie beams) Columns : Steel/RC Beams : Pre-stressed Walls : Reinforced concrete; Reinforced pre-fab Floors : Reinforced concrete Roof : Reinforced concrete B. Foundation : Reinforced concrete Columns : Reinforced concrete Beams : Reinforced concrete Walls : CHB Floors : Reinforced concrete Roof : Color Roof, Tegula tiles Trusses : Steel Type II Mixed Concrete A. Foundation : Reinforced concrete Columns : Reinforced concrete Beams : Reinforced concrete Walls : CHB Floors : Reinforced concrete Roof : Pre-painted Long Span G.I. Trusses : Steel B. Foundation : Reinforced concrete Columns : Reinforced concrete Beams : Reinforced concrete Walls : CHB Floors : 1st Floor-P/C; 2nd Floor-1st Grp. Wood Roof : G.I. (painted) Trusses : Steel C. Foundation : Reinforced concrete Columns : Reinforced concrete Beams : Wood (1st Grp. Wood) Walls : CHB/Wood (1st Grp. Wood) Floors : 1st Floor-P/C; 2nd Floor-Wood (1st Grp. Wood) Roof : G.I. Trusses : Wood D. Foundation : Reinforced concrete Posts : Wood Beams : Wood (2nd Grp. Wood) Walls : Wood/CHB Floors : P/C Roof : G.I. Trusses : Wood (coco lumber) Type III Strong Materials A. Foundation : Reinforced concrete Posts : Wood (1st Grp. Wood) Beams : Wood (1st Grp. Wood) Walls : Wood (V-cut, S-cut) Floors : T & G, 1st Grp. Wood Roof : G.I. Truss : Wood B. Foundation : Reinforced concrete Posts : Wood (1st Grp. Wood) Beams : Wood (1st Grp. Wood) Walls : Wood (V-cut, S-cut) Floors : 1st Floor (1st Grp. Wood); 2nd Floor (2nd Grp. Wood) Roof : G.I. Truss : Wood C. Foundation : Plain Concrete Posts : Wood (2nd Grp. Wood) Beams : Wood (2nd Grp. Wood) Walls : Wood (V-cut, S-cut) Floors : Wood (2nd Grp. Wood) Roof : G.I. Truss : Wood D. Foundation : Plain Concrete Posts : Wood (coco lumber & other similar substitute) Beams : Wood (Coco) Walls : Wood (Coco) Floors : Wood Roof : G.I. Truss : Wood E. Same as D but structural members are sub-standard Roof : Nipa Type IV A Temporary Makeshift Structure Barong-Barong CHAPTER 7 Additional Factors SECTION 9. Additional Factors. Extra items as component parts of building and other improvements. EcTCAD 2008 SMV (Per Square Meter) 1. Floor Finish: a) Italian marble and other high quality marble P1,098.60/sq.m. b) Ordinary white tiles 4" x 4" glazed 326.40/sq.m. unglazed 244.80 /sq.m. colored tiles with design 408.00/sq.m. larger ceramic tiles (9" x 12" or larger) 522.24/sq.m. c) Crazy cut marble 447.17/sq.m. d) Granolitic with copper lining 463.49/sq.m. e) Asbestos vinyl tiles (plain colored) 195.84/sq.m. f) Parquet wood tiles narra 408.00/sq.m. tanguile 326.40/sq.m. g) Black pebble washout 244.80/sq.m. White pebble washout 342.00/sq.m. Boracay shell washout 391.68/sq.m. h) Brick tiles (4" x 4") 163.20/sq.m. i) Granite tiles 540.00/sq.m. j) Vetrified tiles 720.00/sq.m. k) Marble slab 480.00/sq.m. l) First group wood board (1/2" x 8" x 10' or 12') 300.00/sq.m. m) Marble tiles 360.00/sq.m. n) Granite slab 740.00/sq.m. 2. Wall Finishes: a) Synthetic adobe 244.80/sq.m. b) Marble chips washout 571.20/sq.m. c) Anai finish 97.92/sq.m. d) Adobe rubble 612.00/sq.m. e) Brick tiles veneer 408.00/sq.m. f) Double walling (ordinary plywood) 65.28/sq.m. g) Double walling (narra) 277.44/sq.m. h) Synthetic tiles 620.16/sq.m. i) Wall paper (good quality) 360.00/sq.m. j) Mactan stone 420.00/sq.m. k) Mangima stone 456.00/sq.m. l) First group wood panel board 420.00/sq.m. m) Coral stone 300.00/sq.m. n) Hardiflex 170.00/sq.m. 3. Roof Covering: a) Long span color roof (metal forming) 571.20/sq.m. b) Ordinary corrugated G.I. sheets Gauge 26 408.00/sq.m. Gauge 31 326.40/sq.m. Long span (gauge 26) * If painted, add P30.00/sq.m. to the value above. 375.36/sq.m. c) Place Romana 603.84/sq.m. d) Asbestos 652.80/sq.m. e) Spanish Tegula tiles (concrete) 1,620.00/sq.m. f) Fiber glass 480.00/sq.m. g) Concrete roof tiles 420.00/sq.m. h) Canvass 120.00/sq.m. 4. Doors and Windows: a) Panel type door, narra 1.0m x 2.10m 2,331.60/sq.m. b) Flush type door, marine plywood 1/2" and other similar plywood 387.60/sq.m. c) Aluminum sliding door, aluminum frames and 1/4" thick glass panel 1.80m x 2.10m. 2,158.68/sq.m. d) Steel windows, casement type steel frame and 1/8" thick glass panels 734.40/sq.m. e) Jalousie windows: a) with aluminum frames and glass blades 571.20/sq.m. b) wooden frames and blades 285.60/sq.m. f) Sliding windows with aluminum frames and 1/4" thick glass panel 1,632.00/sq.m. g) French windows with wooden frame 1,800.00/sq.m. h) Steel accordion 480.00/sq.m. i) Steel roll up 420.00/sq.m. j) Steel door 960.00/sq.m. k) Steel gate 1,020.00/sq.m. l) PVC door 1,030.00/sq.m. with design 1,400.00/sq.m. 5. Toilet and Bath: a) Ordinary finish 11,424.00/unit b) Special fixtures and tiling 24,480.00/unit 6. Ceiling: a) Ordinary plywood, painted 122.40/sq.m. without paint 65.28/sq.m. b) Drop ceiling 408.00/sq.m. c) Narra drop ceiling and other similar ceiling (first group wood) 734.40/sq.m. d) Acoustic 1,093.44/sq.m. e) Hardiflex/Gypsum Board 170.00/sq.m. 7. Painting: a) Automotive paint 180.00/sq.m. b) Multi Flix 120.00/sq.m. c) Marine epoxy 114.00/sq.m. d) Lacquer paint 90.00/sq.m. e) Latex 72.00/sq.m. f) Versatex 108.00/sq.m. g) Enamel 96.00/sq.m. 8. Chairs: In movie houses and in recreational sports centers: a) Fiber glass 408.00/unit b) Upholstered 244.80/unit c) Wooden 122.40/unit 9. Excess Heights: a) Residential Add 15% of Base Value in excess of three (3) meters b) Commercial Add 25% of Base Value in excess of ten (10) meters c) Industrial Add 30% of Base Value in excess of twenty (20) meters 10. Lights: a) Per outlet 408.00/unit b) Multiple bulb 10.20/watt 11. Septic Tank: 1.50 x 1.20 x 2.0 = 3.60 cu.m. 5,712.00/unit In excess of 3.60 cu.m., add 10% 571.20 6,283.20/unit 12. Foundation: a) For one (1) storey P240.00 x area of ground floor b) For two (2) storey 360.00 x area of ground floor c) For three (3) storey 600.00 x area of ground floor d) For four (4) storey 840.00 x area of ground floor e) For five (5) storey 1,080.00 x area of ground floor 13. Piles 652.80 per linear meter of pile driven 14. Zocalo 240.00 per cu.m. 15. Beams 360.00 per cu.m. (residential) 720.00 per cu.m. (comm'l. & industrial) 16. Labor Cost 30%-45% of total materials cost shall be added to arrive at the total market value of the buildings, impvts. and other structures. CHAPTER 8 Schedule of Fences and Gate SECTION 10. Schedule for Fences and Gates shall be as follows: 2008 SMV 2008 SMV 1. CHB FENCE (Reinforced) 4" CHB 6" CHB a) Without finish (rough) 244.80/sq.m. 261.12/sq.m. b) Plain finish 293.76/sq.m. 326.40/sq.m. c) Plain and painted 326.40/sq.m. 375.36/sq.m. d) With pebble finish and other similar finish 456.96/sq.m. 473.28/sq.m. e) With Mangima stones finish 481.44/sq.m. 489.60/sq.m. Note: For commercial and industrial CHB fences, add 20% to add 30% to the unit the unit base values. base values. 2. Angular Bars 652.80/sq.m. 3. Interlink Wire with G.I. Pipe 251.28/sq.m. 4. Barbed Wire with G.I. Pipe 240.00/sq.m. 5. Barbed Wire on angular bars 420.00/sq.m. 6. Wooden fence: 1st group wood 233.38/sq.m. 2nd group wood 187.68/sq.m. 7. Slabs/Miscut 83.22/sq.m. 8. Bamboo fence 143.62/sq.m. 9. Steel Plate (for gate): a) Gauge 14 1,599.36/sq.m. b) Gauge 16 1,028.16/sq.m. c) Gauge 18 913.92/sq.m. CHAPTER 9 Schedule for Roads/Curbs and Gutters SECTION 11. Schedule for Roads/Curbs and Gutters shall be as follows: HSAcaE 1. Concrete Road, per kilometer: 2008 SMV a) 10 inches thick Class A 5,958,000.00 B 5,616,000.00 C 5,445,000.00 D 5,274,000.00 b) 8 inches thick Class A 4,766,400.00 B 4,492,800.00 C 4,356,000.00 D 4,219,200.00 c) 6 inches thick Class A 4,766,400.00 B 4,492,800.00 C 4,356,000.00 D 4,219,200.00 d) 4 inches thick Class A 2,383,200.00 B 2,383,200.00 C 2,178,000.00 D 2,109,600.00 Note: Width of the road 12 meters 2. Asphalted Road, per kilometer: a) 10 inches thick Class A 3,276,900.00 B 2,527,200.00 C 1,905,750.00 D 1,318,500.00 b) 8 inches thick Class A 2,621,520.00 B 2,021,760.00 C 1,524,600.00 D 1,054,800.00 c) 6 inches thick Class A 1,966,140.00 B 1,516,320.00 C 1,155,450.00 D 791,100.00 d) 4 inches thick Class A 1,310,760.00 B 1,010,880.00 C 762,300.00 D 527,400.00 Note: Width of the road 12 meters 3. All weather road, per kilometer 600,000.00 4. Curb and gutter, per linear meter 247.20/linear meter CHAPTER 10 Schedule for Pavements (Concrete) SECTION 12. Schedule for Pavements (Concrete) shall be as follows: 2008 SMV 1. Residential a) Plain 4" thick 198.60/sq.m. 2. Commercial and Industrial a) 4" thick (with temperature bars) 400.20/sq.m. b) 6" thick (with temperature bars) 499.50/sq.m. c) 2" x 8" cement tiles 520.26/sq.m. d) 4" thick with pebbles finish and similar finish 544.32/sq.m. CHAPTER 11 Schedule for Deck, Carport, Mezzanine, Terrace, Basement and Balcony SECTION 13. Schedule for Deck, Carport, Mezzanine, Terrace, Basement and Balcony shall be as follows: HESIcT 1. Decks: a) open 456.96/sq.m. b) covered 799.68/sq.m. 2. Carport 652.80/sq.m. 3. Mezzanine 816.00/sq.m. 4. Terrace a) open 783.36/sq.m. b) covered 1,142.40/sq.m. 5. Basement 816.00/sq.m. 6. Balcony 783.36/sq.m. CHAPTER 12 Schedule for Grills SECTION 14. Schedule for Grills shall be as follows: 2008 SMV 2008 SMV In Square Foot In Square Meter 1. 10 mm. 0 bar 108.00/sq.ft. 1,162.08/sq.m. 2. 10 mm. 0 bar 102.00/sq.ft. 1,097.52/sq.m. (ILLEGIBLE PORTION) 4. 10 mm. 0 bar 90.00/sq.ft. 968.40/sq.m. 5. 10 mm. 0 bar 84.00 /sq.ft. 903.84/sq.m. CHAPTER 13 Miscellaneous Provision SECTION 15. Assessment of Property Not Classified. Where the property to be assessed is of a kind not classified in the schedule or any kind for which the value is not herein fixed, it shall be appraised at the current and fair market value independent of this schedule, wherein bill of materials submitted by Engineers are to be considered. SECTION 16. Fair Market Value of Old Buildings. The fair market value of old buildings shall be computed on the basis of replacement cost less depreciation. Replacement cost shall be computed on the basis of the schedule of building unit values which is reflective of the current cost. Old buildings shall be valued as new and the corresponding allowable depreciation shall be applied to arrive at a fair market value. SECTION 17. Assessment Levels. The assessment levels to be applied to the fair market value of real property to determine its assessed value is hereby fixed at the rates not exceeding the following: caITAC 1. On Buildings and Other Structures (I) Residential Fair Market Value Assessment Levels Over Not Over P175,000.00 0% 175,000.00 300,000.00 10% 300,000.00 500,000.00 20% 500,000.00 750,000.00 25% 750,000.00 1,000,000.00 30% 1,000,000.00 2,000,000.00 35% 2,000,000.00 5,000,000.00 40% 5,000,000.00 10,000,000.00 50% 10,000,000.00 60% (II) Agricultural Fair Market Value Assessment Levels Over Not Over 300,000.00 25% 300,000.00 500,000.00 30% 500,000.00 750,000.00 35% 750,000.00 1,000,000.00 40% 1,000,000.00 2,000,000.00 45% 2,000,000.00 50% (III) Commercial/Industrial Fair Market Value Assessment Levels Over Not Over 300,000.00 30% 300,000.00 500,000.00 35% 500,000.00 750,000.00 40% 750,000.00 1,000,000.00 50% 1,000,000.00 2,000,000.00 60% 2,000,000.00 5,000,000.00 70% 5,000,000.00 10,000,000.00 75% 10,000,000.00 80% (IV) Timberland Fair Market Value Assessment Levels Over Not Over 300,000.00 45% 300,000.00 500,000.00 50% 500,000.00 750,000.00 55% 750,000.00 1,000,000.00 60% 1,000,000.00 2,000,000.00 65% 2,000,000.00 70% 2. On Machineries (a) Class Assessment Levels Agricultural 40% Residential 50% Commercial 80% Industrial 80% (b) ACTUAL USE Assessment Levels Cultural 15% Scientific 15% Hospital 15% Local water district 10% Government-owned or controlled corporations engaged in the supply and distribution of water and/or generation and transmission of electric power. 10% Recreational 30% 3. Others (a) Religious 15% Schedule of Depreciation for Buildings and Improvements I-A I-B I-C II-A II-B II-CD III-AB III-CD IV-A 2006 1.8 2.0 2.2 2.4 2.6 3.0 4.0 4.0 5.0 2005 3.6 4.0 4.4 4.8 5.2 6.0 8.0 8.0 10.0 2004 5.4 6.0 6.6 7.2 7.8 9.0 12.0 12.0 15.0 2003 7.2 8.0 8.8 9.6 10.4 12.0 16.0 16.0 20.0 2002 9.0 10.0 11.0 12.0 13.0 15.0 20.0 20.0 25.0 2001 10.4 11.8 13.0 14.2 15.3 17.5 23.5 23.6 29.0 2000 11.8 13.6 15.0 16.4 17.6 20.0 27.0 27.2 33.0 1999 13.2 15.4 17.0 18.6 19.9 22.5 30.5 30.8 37.0 1998 14.6 17.2 19.0 20.8 22.2 25.0 34.0 34.4 41.0 1997 16.0 19.0 21.0 23.0 24.5 27.5 37.5 38.0 45.0 1996 17.2 20.5 22.7 25.0 26.7 30.0 40.5 41.2 48.4 1995 18.4 22.0 24.4 27.0 28.9 32.5 43.5 44.4 51.8 1994 19.6 23.5 26.1 29.0 31.1 35.0 46.5 47.6 55.2 1993 20.8 25.0 27.8 31.0 33.3 37.5 49.5 50.8 58.6 1992 22.0 26.5 29.5 33.0 35.5 40.0 52.5 54.0 62.0 1991 23.0 27.7 30.8 34.7 37.5 42.0 55.0 57.0 65.0 1990 24.0 28.9 32.1 36.4 39.5 44.0 57.5 60.0 68.0 1989 25.0 30.1 33.4 38.1 41.5 46.0 60.0 63.0 71.0 1988 26.0 31.3 34.7 39.8 43.5 48.0 62.5 66.0 74.0 1987 27.0 32.5 36.0 41.5 45.5 50.0 65.0 69.0 77.0 1986 28.0 33.5 37.1 42.9 47.1 52.0 67.0 71.5 80.0 1985 29.0 34.5 38.2 44.3 48.7 54.0 69.0 74.0 83.0 1984 30.0 35.5 39.3 45.7 50.3 56.0 71.0 76.5 85.0 1983 31.0 36.5 40.4 47.1 51.9 58.0 72.0 79.0 1982 32.0 37.5 41.5 48.5 53.5 60.0 80.0 1981 33.0 38.5 42.6 49.9 55.1 62.0 1980 34.0 39.5 43.7 51.3 56.7 64.0 1979 35.0 40.5 44.8 52.7 58.3 66.0 1978 36.0 41.5 45.9 54.1 59.9 68.0 1977 37.0 42.5 47.0 55.5 61.5 70.0 1976 38.0 43.5 48.1 56.9 63.1 1975 39.0 44.5 49.2 58.3 64.7 1974 40.0 45.5 50.3 59.7 66.3 1973 41.0 46.5 51.4 61.1 67.0 1972 42.0 47.5 52.5 62.5 1971 43.0 48.5 53.6 63.9 1970 44.0 49.5 54.7 65.0 1969 45.0 50.5 55.8 1968 46.0 51.5 56.9 1967 47.0 52.5 58.0 1966 48.0 53.5 59.1 1965 49.0 54.5 60.2 1964 50.0 55.5 61.3 1963 51.0 56.5 62.4 1962 52.0 57.5 63.0 1961 53.0 58.5 1960 54.0 60.0 1959 55.0 1958 56.0 1957 57.0 1956 58.0 1955 59.0 1954 60.0 TITLE IV Formula in Determining Market Value of Machinery (RCNLD) CHAPTER 15 n RCNLD Formula SECTION 19. n Formula. The following formula in determining the market value of machinery is hereby adopted: Imported Machinery D2 (EL-N) RCNLD = O.C. x x D1 EL Note: Market value is existing in TD Where: RCNLD - Replacement Cost New Less Depreciation O.C. - Original Cost D1 - Dollar Exchange Rate During Year of Acquisition D2 - Dollar Exchange Rate During Year of Assessment EL - Economic Life N - Number of years of machinery (actual use) Locally Manufactured Machinery P2 (EL-N) RCNLD = O.C. x x P1 EL Where: P1 - Index Price During Year of Acquisition P2 - Index Price During Year of Assessment (30% installation cost for freight and handling) TITLE V Final Provisions SECTION 20. Repealing Clause. The provisions of existing ordinances which are inconsistent with the provisions of this Ordinance are hereby deemed repealed, modified or amended accordingly. SECTION 21. Separability. If, for any reason(s), any part or provision of this Ordinance is held to be unconstitutional or invalid by competent court, other parts or provisions hereof which are not affected thereby shall continue to be in full force and effect. SECTION 22. Effectivity. This Ordinance shall take effect on January 1, 2008, after its publication in a local newspaper of general circulation. APPROVED BY MAJORITY. In favor: - Councilor Juan Y. Sia - Councilor Annie Y. Daba - Councilor Edgar S. Cabanlas - Councilor Alfonso C. Goking - Councilor Caesar Ian E. Acenas - Councilor Maryanne C. Enteria - Councilor Alexander S. Dacer - Councilor Jerico Goldmar P. Ebabacol Against: - Councilor Alvin R. Calingin - Councilor Zaldy O. Ocon Out of the Session Hall: - Councilor Ian Mark Q. Nacaya - Councilor Reynaldo N. Advincula - Councilor Simeon V. Licayan On Official Business: - Councilor Jose Benjamin A. Benaldo DONE in the City of Cagayan de Oro this 11th day of December 2006. I hereby certify to the correctness of the aforestated Ordinance. (SGD.) ARTURO S. DE SAN MIGUEL City Council Secretary Attested as duly enacted: (SGD.) MICHELLE T. SPIERS City Vice Mayor Presiding Officer Approved: (SGD.) VICENTE Y. EMANO City Mayor Attested: (SGD.) MARY JANE L. BUTASLAC Assistant City Budget Officer n Note from the Publisher: Copied verbatim from the official copy.