If you buy a house today you do not get to use In CA Prop. 13 limits taxes can be up to 14 k on a normal house,you just got lucky because you ought on early.
The Prop 13 percentage of 1% remains the same for anyone buying a home in CA today. The valuation of the house purchased determines the Cost.
Buy my House today which is valued at 800,000 and the Property Tax Bill is around $10,000. If you are over 55 and coming from a lower valued home you can transfer the lower property tax bill to the new home purchase.
The assessed value can only rise by 2% a year.