Are you considering protesting the Real Estate Assessed Value of your home?
Recently, homeowners across the Charlotte and Lake Norman areas have opened their mail to big surprise! The assessed tax value of many homes has increased. A countywide tax revaluation has taken place with an effective date of January 1, 2019. You should have already received your notice of 2019 Real Estate Assessed Value in the mail. Was it good news or bad news? For some, it may cause their taxes to go up by thousands of dollars a year.
Should I protest my Real Estate Assessed Value?
You should strongly consider an appeal if:
- The values of properties that are selling are lower than your assessed value, or…
- The condition of your home is below the condition of homes that are selling for
the same as your valuation.
How do I appeal and what are the important dates and deadlines?
Depending on where you live, the procedures and deadlines differ:
In Mecklenburg County:
- January 23, 2019: Notice of 2019 Real Estate Assessed Value was mailed.
- Informal review: You can request an informal review of your assessed value within 30 days of receiving your notice. Do this by February 22, 2019! You can do so from the Property Information Portal (https://property.spatialest.com/nc/mecklenburg/#/.) Navigate to your property listing, then click “Make an Inquiry” and follow the step-by-step process.
- May 20, 2019: Formal Appeals Deadline. If you wish to skip the informal review, you can file a Formal Appeal Request with the Board of Equalization and Review (BER) by May 20, 2019.
(https://www.mecknc.gov/AssessorsOffice/RealEstateForms/Real-Property-Formal-Appeal-Form.pdf) - You can contact the Mecklenburg County Assessor’s Office at AssessorQuestions@MeckNC.gov or call 980-314-4226.
In Iredell County:
- February 1, 2019: Notice of Real Estate Assessed Value was mailed.
- Appeal within 30 days of notice. Do this by March 1, 2019!
- Appeal Forms can be submitted online at 2019 Iredell County Real Property Online Appeal Form or returned with documentation to the Iredell County Assessor’s Office – PO Box 1027, Statesville, NC 28687. (https://www.bttaxpayerportal.com/TaxpayerPortalIR/Appeal)
- You can contact the Iredell County Assessor’s Office at 704-928-2043.
Need an estimate of your home’s value?
The Taxpayer has the burden of proving that the property was incorrectly valued by the Assessor’s Office and that the tax value substantially differs from the fair market value of the property as of January 1, 2019.
- Complete the form on this page Find Recent Comparable Sales entering the specifics about your home (beds, baths, square feet) and I’ll email you a report specific to homes like yours in your neighborhood. (https://bethknowsrealestate.com/find-your-home-value-ihf/)