Updated: 5:27 p.m. Monday, March 28, 2011 | Posted: 4:22 p.m. Monday, March 28, 2011
Hundreds Appeal Revaluations Of Commercial Properties, Condos
MECKLENBURG COUNTY, N.C. —
Mecklenburg County has already received 650 appeals from owners of commercial properties and condos, and their new property tax revaluations went out less than a week ago.
Allan Reich, a property appraiser at T.B. Harris Jr. & Associates, said he has spoken with property owners every day since the notices went out on Tuesday. He said some had tax values that went up anywhere from 30 percent to 100 percent.
“I think their initial reaction is that their value is too high," Reich said. Many people have asked him for an independent appraisal because they plan to appeal, he said.
Mecklenburg County mailed out about 25,000 notices to owners of commercial properties and 27,000 to condominium owners.
County leaders expect to get many more notices of appeals. More than 30,000 homeowners filed appeals during that phase of the revaluation.
Dan Jacks, who owns Berrybrook Farm and Natural Foods in Dilworth, said he has not heard from his landlord yet about his revaluation, but he's not expecting good news.
“This is Dilworth, and I think everything in Dilworth has increased in value,” Jacks said.
Jacks said he is expecting his rent to go up dramatically.
"We don't jack up prices to cover that,” he said. “So it's basically going to be coming out of my pocket.”
One thing that has property owners concerned this year: The county used a new approach to calculate the tax values. It is one leaders said is more accurate overall, but perhaps not always, such as when they deal with buildings that have vacancies. Officials said if property owners can show that their occupancy is below the going market rate, they will take that into account when considering an appeal.
Owners have until April 19 to appeal. For more information, click here.