Public Notice: The 2016 Board of Equalization and Review met on May 2, 2016.
The 2016 Currituck County Board of Equalization and Review met on Monday, May 2, 2016 to hear any taxpayer with respect to the tax listings and tax assessments of real and personal property for 2016 taxes. The Board convened at 4:00 p.m. and adjourned from taking appeals at 4:20 p.m.
North Carolina Law G.S. 105-286 requires that real estate be assessed at 100% of market value at the date of the most county reappraisal. Currituck County's most reappraisal was January 1, 2013.
The following are not valid grounds for a real estate appeal:
The following are valid grounds for a real estate appeal:
Real Estate appeals must be in writing and should be filed by March 1st, but will be accepted if filed before the County Board of Equalization adjourns from taking appeals for that year.
An appeal must include the grounds for the appeal and all evidence to support the appeal. Documentation showing sales data of comparable properties that sold near the last reappraisal date of January 1, 2013 would be considered good evidence. Other appraisals would also be helpful, but the usefulness will depend on the how long before or after the reassessment date (January 1, 2013) they were completed. There are no special forms required to lodge an appeal.
Appeals can be:
North Carolina law requires that personal property be assessed at 100% of market value each year. Personal Property appeals must be in writing and filed within 30 days from the date of the notice on the tax bill. Appeals are to be faxed, emailed or mailed the same as Real Estate Appeals.
Motor Vehicle Appeal Form
North Carolina law required that vehicles be assessed at 100% of their market value as determined by the following:
» Vehicles with registration renewals that expire during JANUARY - AUGUST; the assessed value will be the value of the vehicle as of January 1st of that year.
» Vehicles with registration renewals that expire during SEPTEMBER - DECEMBER; the assessed value will be the value of the vehicle as of January 1st of the following year.
» Newly purchased vehicles with a new registration will be valued at the purchase price of the vehicle at the time of sale, if the purchase is from a vehicle dealer.
» For sales between private parties or other title transfers, a vehicle's value will be based on the same criteria as for those for registration renewals (see above).