Cabarrus County is currently working on the a revaluation project to be effective January 1, 2012. We conduct a property revaluation every four years to keep pace with changing market values.
Appraisers from the Office of the County Assessor evaluated over 600 neighborhoods in Cabarrus County. We appraise one neighborhood at a time and evaluate properties based on the characteristics and sales history of each neighborhood. Since the effective date of the Revaluation is January 1, 2012 all appraisals are based on market conditions and sales prices that occurred during 2011. We will continue to use the values established for January 1, 2012 until our next Revaluation which is scheduled for January 1, 2016.
Assessed values that were used to generate your 2011 tax bills were based on the 2008 revaluation. Many factors have changed in the county over the past four years which has resulted in a property value decrease for many parts of the county.
After receiving appraisal notices, property owners have 30 days to request an informal review from an appraiser. If a taxpayer is not satisfied with the decision of the Appraiser or failed to request an informal review within the thirty days, they may appeal to the Cabarrus County Board of Equalization and Review.