Revaluations can be appealed
By Lindell John Kay
Thursday, February 16, 2017
Nash County property owners not happy with their new land values have several options to appeal the new appraisal.
The Nash County Tax Office mailed out letters in the past few days to every property owner in the county with a notice of their new land value.
Properties values were based on current market sales, which means the estimated price at which a property would change hands between a willing and financially able buyer and a willing seller. Areas considered include age, condition, square footage plus any changes that could affect value.
Reasons to appeal values include a recent appraisal of property to determine fair market value, major structural damage to property not visible from the outside and valid arm’s length sales in the neighborhood that are much less than the new value.
Reasons not to file an appeal include how much the value changed from 2009, the property was bought at bank foreclosure for much less and a property owner doesn’t feel he or she is getting services for the taxes paid or can’t afford to pay the taxes at the current value.
County officials urge unhappy property owners to make an informal appeal in one of three ways:
■ The revaluation notice has an appeal form on the lower portion. Property owners can fill out the form and mail it to the provided address with documentation supporting the opinion of value.
■ Property owners can also go online at www.co.nash.nc.us and select departments, tax, property revaluation, and scroll down the page to Appeal Online.
■ Or property owners can call 252-462-2645 to make an appointment to meet with an appraiser at the tax office or to schedule a telephone appeal.
Property owners will receive a notice of the results of the informal appeal. If a property owner feels the value is still not correct, he or she can refer to the notice for instructions as to how to proceed to appeal to the next level, which is the Nash County Board of Equalization and Review. The N.C. State Property Tax Commission and the N.C. Court of Appeals are additional options but are seldom needed. Most appeals are settled at the informal level, according to county tax officials.
North Carolina law requires all 100 counties to re-evaluate real property at least every eight years. The last revaluation in Nash County was in 2009. Tax officials and contracted appraisers have been working on the new revaluation for the past two years, according to county staff.
Anyone who owns property in Nash County and doesn't receive a Notice of 2017 Real Property Value by Feb. 20 should call 252-462-2645 or 252-459-1368.