Workers with the county’s contracted vendor for conducting the mandated tax revaluation process have started their field work and residents can expect to see clearly marked vehicles and employees identifying themselves for this specific purpose.
The updated property tax values go into effect on Jan. 1, 2024, and employees with Pearson’s Appraisal Service have begun verifying and updating tax listings to ensure fair and equitable tax values are applied to commercial and residential properties throughout the county, according to information from Granville County Public Information Officer Terry Hobgood.
Employees will have photo identification badges as well as vehicles marked “GRANVILLE REVALUATION.” The appraisal process involves photography of each property and verification of information in the existing Granville County tax listing. Property owners interested in providing additional information or requesting an interior inspection for a property can do so by calling Pearson’s Appraisal Services at 888.573.2776.
Revaluation is the process of reappraising all properties within the county for tax assessment purposes. The purpose of revaluation is to re-establish equity among properties that may have changed in value at different rates since the county’s last revaluation, which was completed in 2018.
Each county in the state must conduct a reappraisal of all real property – land, buildings, and other improvements to land – at least once every eight years as mandated by North Carolina General Statutes. Granville County conducts revaluations on a six-year cycle.
For more information regarding property tax values or the revaluation and assessment process, please contact the Granville County Tax Administration Office at 919.693.4181 or visit the Granville County website: https://www.granvillecounty.org/government/tax-department/.