PropertyShark was named by Time
"one of the best 50 websites of 2009"
Other Property Records
- Property Tax Records
- Buncombe County, NC Property Owners
- Buncombe County, NC Property Records
- Buncombe County, NC Real Estate
- Buncombe County, NC Home Values
- NC Property Taxes
- Property Title Search
Search Property Tax Records
in Other Counties
- Cumberland County Property Tax
- Durham County Property Tax
- Forsyth County Property Tax
- Guilford County Property Tax
- Mecklenburg County Property Tax
- New Hanover County Property Tax
- Wake County Property Tax
Property Tax Records
in Other States
- Maine Property Taxes
- Michigan Property Taxes
- Minnesota Property Taxes
- Missouri Property Taxes
- Mississippi Property Taxes
- Nebraska Property Taxes
- New Hampshire Property Taxes
- New Jersey Property Taxes
- New Mexico Property Taxes
- Nevada Property Taxes
Sample Properties
Buncombe County, NC Property Tax Information
Search for free property tax records and learn about local tax rates and tax exemptions
Property Tax - Data & General Information
Start you property tax research on PropertyShark.com. You will find current property tax data on invidual properties, an overview of the property tax assessment process, tax rates, tax exemptions granted by different cities and local communities, property assessment value, and more.
Search Property Tax Records in Buncombe County, NC
Navigating our database of property tax records is done with ease. Just type in a single property address and a property report will be pulled up containg: property tax information, property ownership records, deeds, tax liens, and more. The section E1 on each property report will display all property tax data and information we have on the property in question.
Sample Property Tax Report for a Buncombe County, NC property
Property Tax
|
Property tax in North Carolina is a locally assessed tax, collected by the counties. The state Department of Revenue is responsible for listing, appraising and assessing all real estate estate within the counties. North Carolina legislation requires each county to reappraise real property (land, buildings and other improvements) at least once every eight years. However, it also allows them to revalue more frequently at their discretion. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Market Value The Buncombe County Appraiser establishes the true market value for all taxable real property within the county. True value, or market value, is defined as the price estimated in terms of money at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under compulsion to buy or sell. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Land market value | $34,800 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Building market value | + | $217,200 | |||||||||||||||||||||||||||||||||||||||||||||||
| Total market value | = | $252,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| Present-Use Value The North Carolina General Assembly enacted the Present-Use Value Program, which allows reduced tax assessments for individually owned property used for agriculture, horticulture or forestry. Property accepted into this program is taxed at its present use value rather than market value. The value is usually less than the market value of the property. The difference between the market value and the present use value is deferred (postponed). When the property or a portion of the property is removed from the program for any reason, the deferred taxes for the current year and the previous three years plus interest becomes due. | |||||||||||||||||||||||||||||||||||||||||||||||||
|
Currently no part of this property is evaluated under the Present-Use Value program. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Assessed Value The real estate assessment office appraises and assesses all real estate in Buncombe County. North Carolina General Statutes require that real estate be assessed at 100% of its market value as of January 1 of each reappraisal year. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Land assessed value | $34,800 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Building assessed value | + | $217,200 | |||||||||||||||||||||||||||||||||||||||||||||||
| Total assessed value | = | $252,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| Exemptions and Taxable Value North Carolina provides taxpayers with several types of exemptions which may lower the property's tax bill, to assist elderly and disabled persons and veterans. These are deducted from the assessed value to give the property's taxable value. | |||||||||||||||||||||||||||||||||||||||||||||||||
|
Our information indicates that this property does not currently benefit from any exemptions, therefore the taxable value is equal to the assessed value. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Taxable value | = | $252,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| Property tax Property tax is calculated by multiplying the taxable value with the corresponding tax rates. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Tax description | Taxable Value | Tax Rate | Tax Amount | ||||||||||||||||||||||||||||||||||||||||||||||
| Buncombe County | $252,000 | x | 0.5250% | $1,323.00 | |||||||||||||||||||||||||||||||||||||||||||||
| Fairview | $252,000 | x | 0.075000% | = | $189.00 | ||||||||||||||||||||||||||||||||||||||||||||
| Current Tax | = | $1,512.00 | |||||||||||||||||||||||||||||||||||||||||||||||
| Base tax | = | $1,512.00 | |||||||||||||||||||||||||||||||||||||||||||||||
|
For more information please visit the web pages of Buncombe County's Assessor and Treasurer or look up this property's current tax situation here. |
Register for Free to Search for Property Tax Data
Create a free basic account on PropertyShark.com to get access to our database of property records.