Jo Ann North

Property Assessor

I WANT TO ..

• Look at your file data on my property

• Estimate my property taxes

• Learn how the appraisal processes work

• Read about Business Personalty Assessment

• Find a parcel on Metro's online property maps

• Go to Metro Nashville Government's Home Page

Top Ten List

This is a reappraisal year for Davidson County – when the Property Assessor restores equity by updating the appraisals of all taxable real property to the current year’s market.

Here are ten important facts to consider:

1. Reappraisal is not optional; it is mandated by the State!
It restores equity to ensure all taxpayers are treated fairly

by updating all appraisals to current market value..

2. The State will reappraise Davidson County if we don’t.
We’d lose the benefit of our local experience and knowledge;

the State then would charge Metro for doing our job.

3. Appraisals must be set at 100% of fair market value!
State law requires all property appraised at full value

as of January 1, 2005.

4. “Fair market value" is a sales price you’d get on the open market.
(Assuming a sale between non-related, willing buyer and seller

which produces a valid market sale price.)

5. The open market determines values through sales prices.
We track 100,000-plus sales over the four-year cycle

and use the last two years to help calculate values.

6. Appraisals can’t be manipulated to reduce anyone’s taxes.
The State monitors reappraisals closely to ensure that they

meet all of the requirements of law.

7. You can request a review online through our website!
Just fill out the form on WWW.PADCTN.COM and submit;

It's the fastest method to get your review in our system.

8. We don’t set tax rates so we can’t adjust taxes.
The tax rate isn’t set until late June by Metro Council;

while we can adjust an appraisal if it’s not at market value,

we cannot adjust a tax bill.

9. A certified rate is required to adjust the existing tax rate.
A certified rate is set to prevent a reappraisal from

automatically increasing revenues.

10. The certified rate can be raised after a public hearing.
The final tax rate was raised each time after the reappraisals

were completed in 1993, 1997 and 2001.

This brochure explains why and how reappraisal is accomplished and how you can obtain an informal review or file a formal appeal of your assessment. It answers the most frequently asked questions about the reappraisal process.

We perform our work transparently and make the results easily accessible to the public so you can see it and judge it for yourself. You can review your appraisal records, and compare them with others, on our website: WWW.PADCTN.COM.

Our primary goal is to get the appraised values right to make the process fair to every property owner. We have no reason to make anyone’s appraisal higher or lower than fair market value, so we don’t mind explaining our work or correcting any errors in the information we have collected.

We appreciate the opportunity to serve you!