Here is a related article from the Washington Post related to property assessments in Montgomery County that may be informative for you. An important paragraph related to Maryland tax law:
"To avoid staggering increases in property tax bills, the state puts a 10 percent yearly cap on taxable assessments, except for new homeowners. Those who recently bought residences can be subject to the full increase, albeit spread out over three years."
I cannot find any info about limits to Virginia assessment increase limits. However, here is an article about Loudoun County taxes which discusses the issue. Make sure to read the resident feedback.
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timeasmymeasure
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Date: 2004-02-17 09:38 pm (UTC)"To avoid staggering increases in property tax bills, the state puts a 10 percent yearly cap on taxable assessments, except for new homeowners. Those who recently bought residences can be subject to the full increase, albeit spread out over three years."
I cannot find any info about limits to Virginia assessment increase limits. However, here is an article about Loudoun County taxes which discusses the issue. Make sure to read the resident feedback.