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If you want your appraisal reviewed, the key to success
is to present recent documentation supporting your case, such as:
þ
deed, appraisal or closing statement with different value;
þ
engineering report of problems with land or structures;
þ
invoice showing improvements cost less than valued; or,
þ
sales report of comparable property in
your neighborhood.
At lower right on your notice is an “AOP #” which you
will need to file your request. This is to ensure your request comes from
the property owner. It is best if you have your notice close art hand when
you file.
The best method is by submitting a form on our website:
www.padctn.com
Or, call us to give a staff member the form information
at:
(615) 862-6059
The review request telephone lines will operate from 8:30
a.m. until 4 p.m., Monday through Friday.
If a personal meeting is needed, we will schedule an
appointment for you. If you have documents to submit, we’ll tell you how to
get them into the right hands.
If you have computer internet access, you can research
appraisal information on our website and view your property records and
those of others. You can search by Owner Last Name, Street or Parcel ID.
The information includes detailed property descriptions
and other data used to appraise property. If you spot an error, let us know
so we can correct it. You can do this online at the review form address
shown above.
Informal reviews are conducted in the order received
prior to May 15, 2005.
Telephone requests will be received through
4 p.m., Friday, May 13th. Online
requests may be entered until midnight, May
15th.
We will notify you in writing of the results. All
assessment information must be complete before the statutory closure of the
assessment rolls on May 20th.
If you disagree with our findings, you may appeal to the
Metro Board of Equalization at anytime before
June 17, 2005. Unless you appeal, the last
written notice we provide you will become your final assessment.
Failure to file could result in your losing further
appeal rights for the 2005 tax year. Appeal forms are available at our
office.
Please note our office will be closed for the Memorial
Day holiday on Monday, May 30, 2005.
Can you lower my taxes?
If your complaint involves the amount of taxes you pay
and not your appraisal, we can’t help you. The tax rate is not set until
late June by the Metro Council, and we have no knowledge of or control over
what it will be.
Our role is to appraise every property at 100% fair
market value while others handle the revenue needs and taxes.
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! |