New tax values on the way

Published 9:31 am Thursday, January 26, 2017

Davie County property owners should receive new tax appraisal values within the next week or so.

The notices are not bills, just a reflection of the value of the property.

“Revaulation is an in-depth process of reappraising all real property at its current market value,” said Brian Myers, county tax administrator.

Appraisers used maps, aerial photography, street level images, sales analysis and field visits to determine values. Some increased, some decreased. Overall, values decreased .39%.

“Revaluation is by no means a method to raise or lower the tax assessments or tax base of the county,” Myers said. “This merely allows us to establish fairness and equity among all property owners and all property types throughout the county.”

Myers presented his findings to county commissioners earlier this month.

Every neighborhood – the county was divided into 66 for revaluation purposes – did not decrease. Values in the Town of Mocksville increased .39%. Bermuda Run saw a .71% increase. Cooleemee saw a 2.8% decrease.

The county, Myers said, wants every property to be valued properly, and there is an appeal process for owners to follow. Instructions will be mailed with the new values.

“We understand that taxpayers want to understand how their individual property was assessed and may even feel it is necessary to file an appeal,” Myers said. “My staff is here to answer those questions and also assist them in any way throughout the tax revaluation process.”

Property owners may file an appeal in the tax office, or by completing an appeal form. Those owners should have as much documentation substantiating their claims as possible, Myers said.

He listed the following valid reasons to appeal: the value substantially exceeds the actual market value; the market value is inconsistent with the market value of similar properties in the same neighborhood; and the information on the tax  card is incorrect.

Invalid reasons to appeal: the value increased too much; the market value is more than the insurance value; and no one will buy it for this amount.

There is an online appeal form at www.DavieCountyNC.gov under the Tax Administration Department tab.

Property owners who are satisfied with their revaluation do not need to return the form to the tax office.

“We want to make this process as easy as possible for property owners and encourage them to contact us with questions or concerns. It is our priority to be of service. We want them to know that our doors are open for them if they need to speak with someone,” Myers said.

County commissioners should learn next month the revenue nuetral tax rate.