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Property tax appeals piling up in Chatham County

Posted Saturday, February 26, 2005

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At least 500 people have appealed their property tax valuation in Chatham County, according to Tax Administrator Kim Horton.

The overall real estate tax values of the county's approximately 38,000 parcels of property increased by an average of 29 percent since the last revaluation four years ago. This includes new construction and development.

This year's total assessed value is $5,599,670,161, which compares to $4,338,964,886 in 2004 - an increase of 29.06 percent.

The percentage of total assessed value increase from 2004 to 2005 is as follows for each of the county's townships: Albright, 22.97 percent; Baldwin, 38.85 percent; Bear Creek, 20.97 percent; Cape Fear, 18.51 percent; Center, 28.19 percent; Gulf, 21.32 percent; Hadley, 56.35 percent; Haw River, 20.22 percent; Hickory Mtn., 33.54 percent; Matthews, 14.75 percent; New Hope, 34.15 percent; Oakland, 19.59 percent; and Williams, 31.68 percent.

According to information provided by the tax administrator's office, taxpayers have until Feb. 28 to file an informal appeal with the tax office.

 
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