Mecklenburg Co. property revaluations sent out Friday
Property assessments have gone up 51%.
CHARLOTTE, N.C. (WBTV) - If you own a home or property here in Mecklenburg County, be on the lookout for an important document in the mail. Starting today, the county will begin mailing out property revaluation notices.
This is something the state requires every eight years, but Mecklenburg County does it every four years.
[Mecklenburg County tax revaluations average 51% increase]
It’s to make sure the tax value of your home or property reflects the market which can fluctuate.
With so many people moving to the area and housing hasn’t kept up, property values have shot up.
In fact, the tax assessor’s office said that in the last four years, property assessments have increased 51%.
These are just the revaluation notices; tax bills aren’t ready just yet. You can expect to see them later this year after the county sets the tax rate. That’s when you’ll find out whether your property tax will go up.
You can find more county property tax information by clicking here.
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