© 2024 WFAE

Mailing Address:
8801 J.M. Keynes Dr. Ste. 91
Charlotte NC 28262
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

County Warns Many Property Tax Values Will Jump Next Year

Charlotte Mecklenburg Government Center

Property owners in Mecklenburg County may be in for a surprise come January when the county sends out new tax values.

County officials are warning that many property values went up significantly. The county estimates the median home value rose 38 percent and commercial property increased 79 percent.

County Commissioner for District 5 Matthew Ridenhour warned property owners of the higher values at Wednesday night’s commission meeting.

“Be forewarned that might be something you see,” Ridenhour said. “If you see a higher valuation, it does not mean it’s 2011 all over again. We’re predicting there will be significantly increased values.”

Problems with the revaluation process in 2011 made property values appear to shoot up. The county received thousands of disputes over the values and ended up having to issue millions in refunds.

Lisa Worf traded the Midwest for Charlotte in 2006 to take a job at WFAE. She worked with public TV in Detroit and taught English in Austria before making her way to radio. Lisa graduated from University of Chicago with a bachelor’s degree in English.