How Do I Appeal My New Property Assessment in Mecklenburg County – Your Realtor Can Help
Since February 8th, when many people began to get their “Notice of Real Property Assessed Value”, our phones have been ringing off the hook with questions. Therefore, I wanted to address your concerns in this blog post.
First, please note that this is not your new property tax bill. This is a revaluation of your home by Mecklenburg County.
Remember that the assessor is trying to place a fair market value on your home. This assessment is not setting your tax rate or tax bill. The job of setting the tax rate belongs to the Board of County Commissioners. The BOCC will determine our property tax rate during the county budget process sometime in June. Your first new tax bill will be sent this September and will be based on the new assessed value AND the new tax rate. Therefore, we will not know how this reassessment affects our tax bill until the tax rate is set in June.