Property Tax Questions You Need to Ask
Tax rates affect your property tax and can play a big part in your decision of where to purchase a home, especially in the Lake Norman area. There are 4 Lake Norman counties that meet in the middle of the lake that include 5 Lake Norman towns. Find important Lake Norman property tax questions to research.
What is the assessed value of the property?
Note that assessed value is generally less than market value. Ask to see a recent copy of the seller’s tax bill to help you determine this information or view the Lake Norman Links, County Information page. Find more about individual Lake Norman towns tax information:
Find Cornelius NC taxes and information for real estate taxes, personal property tax, business property & vehicle taxes. Mecklenburg County Tax rates included.
Find Davidson NC taxes and information for real estate taxes, personal property tax, business property and vehicle taxes. Mecklenburg County Tax rates included.
View Denver NC taxes and information for real estate taxes, personal property tax, business property and vehicle taxes. Lincoln County Tax rates included.
Review Huntersville NC taxes and information for real estate taxes, personal property tax, business property and vehicle taxes. Mecklenburg County Tax rates included.
Find Mooresville NC taxes and information for real estate taxes, personal property tax, business property and vehicle taxes. Iredell County Tax rates included.
Property Revaluation, How Often
In general, taxes jump most significantly when a property is reassessed. In NC, taxes are re-evaluated every 7 years so there could be a significant difference between “tax value” and “market value”. Find more information on NC taxes at the NC Department of Revenue.
What can trigger a tax increase?
The assessed value of the property may increase based on the amount you pay for the property.
Is the amount of taxes paid comparable to other properties in the area?
If not, it might be possible to appeal the tax assessment and lower the rate.
Does the current tax bill reflect any special exemptions that I might not qualify for?
For example, some tax districts offer reductions to those 65 or over. It never hurts to ask. Contact the County Tax Assessor
More Home Buying Tips
If you planning to buy real estate in the Lake Norman area, make sure you’re following these simple home search tips. Several common myths about who to call when you find a property you like, the advantages of pre-owned homes, learn about buying new homes and important property tax questions you should ask.
Find more information about the home buying process, how to find a Realtor, some property search tips, what happens from contract to closing and ask questions at home buyer help
Buyer Tip Videos
Visit my YouTube Channel’s “Home Buying Tips” playlists. There are many helpful home buying videos to watch.
Lake Norman Living
- Lake Norman Information
- Towns on Lake Norman
- Lake Norman Counties
- Waterfront Property Listings
- Boating on the Lake
- Lake Fishing
- Lake Norman Access
- Marinas on the Lake
- Lake Norman Boat Clubs
Lake Norman Towns
Compare the following lake towns and counties on the lake if you are planning on home buying or selling:
MLS Listings by Town
Search other real estate listings
View Lake Norman waterfront homes, properties for sale link showcase or find a property around the lake now.
News in Real Estate
Stay up-to-date on real estate news and home sales trends. Also view the latest Keller Williams’ monthly real estate news video and what’s happening at KW.
Lake Norman Area Useful Links
View Lake Norman links for more information about the entire Charlotte region.
If you are planning to visit or purchase listings in the lake area, the visitors guide will be helpful as well as the transportation guide.
You’ll find family fun; attractions & entertainment, cultural guide, event information, parks & recreation and clubs & organizations. For the latest on local sports from professional to t-ball visit the sports information and golf guide. For those of you that think shopping is a sport, visit the shopping guide. Because you care about your family find medical information and school information.
For additional business information you’ll want to look at NC information and political information. As a result, you can keep up with all the local events whether it’s for fun, business, local or national news on the media guide page.
About Robin
Robin is a licensed as NC real estate agent. Robin works in the Lake Norman real estate market towns of Cornelius, Huntersville, Mooresville, Denver NC, Davidson and Charlotte NC. She will educate you and ensure you are taking advantage of the best market opportunities. Robin will also help you set realistic expectations. Furthermore, she will walk with you through the entire process. Home buyers can trust Robin to help them find a property of their dreams. Home sellers will receive unparalleled exposure to their listings. She will assist her clients in negotiating the best possible price. She will also do her part in keeping your transaction running smoothly! Ask her any general question about real estate in NC and around Lake Norman.
Learn more about Robin, view Robin’s Listings, Virtual Tours, Tour Factory Virtual Tours and Open Houses. Finally, see her Sold Listings.
Thank You for Visiting Lake Norman Home Buying
Lake Norman home buying offers something for every lifestyle. Matching homes with lifestyles is the basis for Robin’s real estate business. Most of all, contact Robin if you have any general questions.