RC Tax Reevaluation

RUTHERFORDTON — Sherry Lavender, Tax Administrator for Rutherford County, spoke at the Rutherfordton Town Council meeting last week about the upcoming new tax appraisals. Lavender expects the new evaluation notices to go out mid-February.

The likelihood is that your property has changed in value since the last appraisal. In some cases property values decline, however, the vast majority of property values may increase. Lavender expects most residents will see approximately an 11% change in value.

If you do not agree with the reappraisal value concerning your real property, you can appeal it. The Board of Equalization and Review is the official county appeal board. It convenes in April and will hear any appeals concerning the assessed value of real property in Rutherford County. Appeals from decisions of the Rutherford County Board of Equalization and Review may be made to the North Carolina Property Tax Commission.

Exclusion for elderly/disabled persons 65 years old as of January 1 of the current year or totally and permanently disabled, is a permanent resident of North Carolina, and whose last years’ income does not exceed twenty nine thousand five hundred ($29,600). One time application required.

Appraisals in 2007 and 2012 were desk audits while this last appraisal in 2018 was conducted in the field. Over 57,000 parcels were reviewed. Recent sales are considered since it was an audit year.

Lavender stated that a lot of information can be gleaned from the audit. Overall real estate trends are easily discerned. Among the municipalities Rutherfordton values went up among the highest at 18%. Rutherford and Burke Counties had a growth rate of 10% while Gaston County had 25%.

There is much help to further learn about your taxes available on the county website – https://rutherfordcountync.gov/departments/revenue_department_tax_administrator/index.php