This tool allows you to compare your property to other similar properties in your area or neighborhood.
Click on the link below to use the Check My Value tool and the online appeal module.
For your convenience we have links below to our appeal forms.
Commercial and Industrial property requires the appropriate Commercial/Industrial Form with the appeal.
|The tax forms below are in Adobe Portable Document Format, (PDF). You must have Adobe Acrobat Reader to view and print these forms. You can get the Adobe Acrobat Reader as a free download at http://get.adobe.com/reader/|
Reappraisal, or Revaluation, is the process of resetting the assessed values of land and improvements to 100% of their market value by recognizing changes in the real estate and construction markets since the last reappraisal in 2011.This includes all Commercial, Industrial and Residential property.
It does not include personal property such as machinery and equipment, motor vehicles, boats and personal property mobile homes.
Since 1920, North Carolina counties have had the responsibility to assess and collect property tax. North Carolina State Law requires each of its 100 counties to reappraise real property at least every eight years.
A county can choose the reappraisal cycle that reflects the fluctuations of the local real estate market. Our last reappraisal was in 2011. The reappraisal to be conducted in 2019 will address real estate market changes over an eight year period.
Equity - Over time, almost all property changes in value. In many cases, if the property is maintained, the normal trend is an increase in value after 8 years. However, from location to location there will be fluctuations in the value based on factors that influence the property. Because of this, it is important to address the tax assessments between different areas and property types to allow for this fluctuation of market value from both location and condition of the property over time. Through analysis of all factors, it allows adjustment in assessments from all causes. Some properties increase in value and others will decrease. This process redistributes or equalizes the valuation between properties.
The 2019 Real Property Reappraisal is being conducted by permanent employees of the Rockingham County Tax Administration office and private contractors who have assisted us. These appraisers are experienced, real property “Ad Valorem” Tax Appraisers certified by the North Carolina Department of Revenue.
For every piece of property in Rockingham County there is a “property record” detailing the features of that property. The property’s size, location, quality of construction, topography, age and general condition are noted. Since the last reappraisal of property in 2011 appraisers have reviewed property in the county comparing the data on record to data observed at the property, making changes where appropriate. Other appraisal staff tracked and analyzed the sales data of all property sold since the last reappraisal. Rental markets were studied along with building cost. From this analysis, valuation tables were built.
You can review your current property record card here on our website.
In order to value land, the county is grouped into approximately 500 zones called neighborhoods. Using local land sales within these neighborhoods the information is tracked and analyzed to determine the land rate that applies to that particular area. After new land and building rates are applied to the changes made from field review, all property data is recalculated. The resulting new assessments are reviewed and compared to current real estate sales to confirm that new land and building valuation changes are correct and are resulting in market value.
There is not one exact percent of change. All property valuations are subject to change according to the corrections that were observed during review. Not all valuations will increase. Some will decrease depending on excessive depreciation that can result from lack of maintenance. Some valuations will remain the same.
Because of Rockingham County’s proximity to Greensboro and Winston Salem, the south side of Rockingham County continues to be very attractive to buyers from this area. Sales information indicates some of the most valuable land is in this area of the county. However increased land values have been observed across the entire county over the last eight years.
Dwellings on average size lots may show modest increases. If the increase seems higher than expected, the change may be due to a correction of information that resulted from review.
New assessments are effective for 2019 tax bills and will remain unchanged until the next reappraisal, unless there is a specific change to the property that results in a value change allowed by statute.
The Tax Office appraises property en masse, so fluctuations are expected. With aproximately 53,800 parcels, we are constantly correcting our data. The Tax Office can make an error or we can find changes that property owners have not reported to the Tax Office.
There is no one perfect value for all real estate. All appraisals are opinions, whether done by a tax appraiser or independent fee appraiser.
The appraised value should be close to the amount you would expect to sell your property for in 2019.
First consider the value in relation to your neighborhood. Does the appraised value appear to be close to the price you would consider reasonable if you were to list your property for sale? If so, the appraisal is correct.
Another way is to review the information shown on your property record card for accuracy. One can be obtained at the Rockingham County Tax Administration office in Wentworth or viewed here on our website.
All property owners have the right to appeal the assessed valuation if they determine the valuation to be substantially higher or lower than current market value. Instructions for appealing your 2019 valuation will be on the Notice of Change of Value we will send out in January of 2019.
What are we to think about all the news we hear every day regarding the Real Estate market? We need to remember that all real estate value is local. The factors that affect other counties in North Carolina, or other states, are not the same as Rockingham County, North Carolina. There are areas in North Carolina which are experiencing more growth than Rockingham County.
The County tax office will continue to monitor market conditions. While the tax appraisers look at offerings for sale, we only use transactions to set our rates, and then only transactions which appear to be true open market arms length sales. If in the future information shows a change in Market Value County wide, the County Commissioners can advance the next general reappraisal date to adjust for those changes.