Union County Completes Property Reappraisal: New Property Values Notices Mailed to Property Owners

Post Date: 03/05/2025 10:00 AM

Media Contact:
Liz Cooper
770-570-7322

MONROE, N.C. (March 5, 2025) – Union County’s Tax Administration office has completed a state-mandated property reappraisal (also known as revaluation) and began mailing notices of the new assessed value to all Union County property owners on March 5, 2025. The North Carolina Department of Revenue required Union County to reappraise all real property due to the increased difference between current market values and previously assessed tax values. The reappraisal establishes new property values for all residential, commercial, agricultural, and industrial properties as of Jan. 1, 2025. Union County’s last reappraisal was completed in 2021.  

“For over a year, our Tax team has worked diligently on the reappraisal, which ensures each property's assessed value accurately reflects its estimated fair market value,” said Vann Harrell, Tax Administrator. "This process establishes equity in the tax base across the County in a fair, transparent process based on current real estate market data."

State-certified property appraisers review all properties in the County to verify known characteristics of the property, compare similar property sales, and consider improvements or changes made to the property. This information, along with current market data, was used to determine new assessed values. The new assessed values reflect the estimated market value of a property as of Jan. 1, 2025, and are the value basis for property taxes for 2025 and each year after, until the next property reappraisal. Valuations are one factor in calculating a tax bill. Actual bills are not determined until the Board of Commissioners and municipal elected officials set the tax rate for their jurisdiction in June.

The County anticipates a total valuation increase of approximately 60%, which is reflective of sales activity in the real estate market since the last reappraisal.

“The total valuation increase will affect all real property in the County,” Harrell said. "However, the percentage increase in value for each individual property will vary and may be more or less than the overall total. The countywide median increase for residential properties is approximately 60%. Everyone's reappraisal results will be different."

All property owners will receive a mailed notice with their new assessed value of their property. The notice is not a bill. Property owners may also find their property value online. Property owners who agree with their new value do not need to take any action. Property owners who disagree with their new assessed value or have questions should contact the Tax Assessor’s office within 30 days of receiving the notice by calling 704.283.3746.

For updates, additional information and frequently asked questions, visit the Reappraisal webpage.
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