Mecklenburg County revaluations for 2019 are complete. The Town does not have control over these revaluations, but we do want to help answer any questions you may have. Here is a list of frequently asked questions to help explain the revaluation process.
The Mecklenburg County Tax Assessors Office will be holding a listening session in the Cornelius Town Hall on Wednesday, February 6 at 6 p.m.
The Revaluation Process
Q: What is revaluation?
Revaluation is a process where all property (land and buildings) within a taxing jurisdiction (in this case Mecklenburg County) is revalued to its current market value as of an established date. State law requires the County to conduct a property revaluation at least every eight years to determine its market value.
Q: How are properties assessed?
All property (homes, commercial and land) is visited and observed by a County Assessor to:
- Verify the accuracy of characteristics on record for the property,
- Compare similar property sales, and
- Consider improvements or changes that have been made to the property.
Q: What is the benefit of revaluation?
Property taxes are based on property values. Without periodic revaluations, some property owners would pay more than their share of property tax while others would pay less. Revaluations reset property tax values to their current market value so that the property tax burden is spread fairly among all taxpayers.
Q: How does revaluation affect my taxes?
Revaluation and taxation are separate. Revaluation determines the market value. The Mecklenburg Board of County Commissioners and Town of Cornelius determine tax rates during the annual budget process in late spring. Budgets will be adopted by June 30, 2019. The value of your property combined with the tax rate determines your property tax bill, which is mailed in late July. The County makes up the majority portion of the taxes you pay (76.4%), and the Town of Cornelius is the balance (23.6%).
Q: Who assesses my property? How are they trained?
Assessor's Office staff are certified to perform property revaluations by the NC Department of Revenue. They are well-trained with decades of experience. Appraisers must meet certification requirements. The Assessor's Office also has an internal quality control division that monitors all aspects of the process.
Q: Is the County inflating property values to raise money?
Revaluation is required by state law and is supported by 75,000 sales across the County. The County and Town will publish a revenue neutral tax rate for review during the budget cycle this spring.
Q: Does the County only do revaluation at the peak of the market?
The County is moving to a four-year revaluation cycle and studying how to get to a two-year cycle.
Property Information and Values
Q: When will I get my Notice of 2019 Real Estate Assessed Value?
These were mailed to Mecklenburg County property owners beginning Jan. 23, 2019. Values are available online.
Q: How can I find my property information?
Look up your real estate property value (https://property.spatialest.com/nc/mecklenburg). Type in your parcel number, your full name, or the address printed on your Notice of 2019 Real Estate Assessed Value. When the result appears, select your property to review the information we have on file. If you notice any of this information is incorrect, please email AssessorQuestions@MeckNC.gov or call us at 980-314-4226.
Q: What do I do if I feel like my property value is too high or too low?
If you feel that your property value is too high or too low, now is the time to communicate with the County Assessor’s Office. Contact the office online (https://property.spatialest.com/nc/mecklenburg), by phone (980-314-4226), by mail or in person (Valerie C. Woodard Center, 3205 Freedom Drive, Suite 3500, Charlotte, NC, 28208). The sooner you contact the Assessor’s Office, the better.
Q: What does the "Deferred Amount" refer to on the Notice of 2019 Real Estate Assessed Value?
The total listed under "Deferred Amount" applies to property that is agricultural, horticultural and forestry related.
Q: What if my house was still under construction on Jan. 1, 2019?
Your property value will be adjusted based on what was completed as of Jan. 1, 2019. This method also applies to new additions to existing buildings, outbuildings and detached structures. All improvements started after Jan. 1, 2019 will be valued using the same Uniform Schedule of Values applied to property built prior to that date.
Q: Can property values change before the next revaluation?
Yes, the assessed value could change if new construction or a change in zoning occurs. When that happens, market value is adjusted using the rates developed for the most recent year. For example, if a house is built in 2018 on a lot that was vacant in 2016, the new house and lot will be appraised using 2016 market values, as approved in the Uniform Schedule of Values.
Informal Review and Formal Appeals Processes
Q: How do I know if I should file an appeal?
Once you receive your Notice of 2019 Real Estate Assessed Value in late January, you have a couple of options if you disagree with your value:
- Informal Review--You have 30 days from the date you received your Notice of 2019 Real Estate Assessed Value to request an Informal Review. An Informal Review allows you and an assessor to review the property record and supporting information together. If an error is found, it can be corrected without having to go to a Formal Appeal. Informal reviews are encouraged. Request an informal review by visiting the property information portal (https://property.spatialest.com/nc/mecklenburg), completing the form included with your Notice, in-person or by calling 980-314-4226.
- Formal Appeal--If you believe your 2019 Notice of Real Estate Assessed Value is not a reasonable estimate of what your property could sell for on Jan. 1, 2019, you also have the right to file a Formal Appeal by May 20, 2019. If you're considering requesting an Informal Review or filing a Formal Appeal, visit our property information portal (https://property.spatialest.com/nc/mecklenburg) to verify the information we have on file for your property and to review sales information for similar properties. Q: How do I request an Informal Review? A: Request an Informal Review by visiting the property information portal, in-person or by calling 980-314-4226.
Q: How do I file a Formal Appeal?
After you receive your Notice of 2019 Real Estate Assessed Value, you can file a Formal Appeal online or with a paper form before May 20, 2019.
Q: What happens after I submit my appeal?
Your appeal will be sent to the Board of Equalization and Review (BER). You can file a Formal Appeal until May 20, 2019. After your appeal is heard by the BER, you will receive written notification of your property value in the mail. If you disagree with the BER's decision, you have 30 days to file an appeal with the N.C. Property Tax Commission in Raleigh. Instructions on how to appeal to the N.C. Property Tax Commission will be provided in the letter you receive from the BER.
Q: How long do informal reviews take?
Informal reviews could take anywhere from 30-120 days and largely depend on how many appeals are filed in a given neighborhood. If there are multiple appeals in a particular neighborhood, then the process may take longer. The County Assessor will respond to appeals as quickly as possible.
Q: Do I need to attend my appeal hearing?
You can appear in person before the Board of Equalization and Review (BER), but it is not required. If you are unable to attend on the date and time set, your case will still be heard. The BER will review all submitted documentation regarding your case and mail you a decision.