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Resident urges Moore County review of property‑value reassessments, cites disparity at high end of market
Summary
A resident urged commissioners to review the county's reassessment schedule after analyzing sales data and reporting higher price‑to‑assessment disparities among million‑dollar homes compared with lower‑priced properties.
John Mizziak, a Woodlake resident, told the Moore County Board of Commissioners on Jan. 7 that his review of recorded sales suggests unequal reassessment outcomes across price bands and asked the county tax department to review sales across price ranges.
Mizziak said state law requires property values be reassessed at least every eight years and that Moore County currently reassesses every four years. "State law requires property, values be reassessed as a minimum of every every 8 years," he told commissioners.
He said his review of existing (not new construction) home sales found that homes selling in the $300,000–$500,000 range were selling about 8–12% above assessed values, while homes in the $1,000,000 and over range were selling "more than 40% above assessed values." Mizziak asked the tax department to compare sales in segmented price bands (for example, $200–400K, $400–600K, $600–800K, $800–1M, and over $1M) to determine whether some owners should be reassessed more frequently than every four years to maintain equity among property owners.
Why it matters: Reassessment frequency and methodology determine tax burden distribution across property owners. The resident framed his request as a fairness concern and asked the county to ensure reassessments reflect changing market conditions.
What the board did
Commissioners acknowledged the comment; no formal action was taken at the meeting. The resident asked for a departmental review and comparison by price bands; staff did not commit to a timeline in the meeting record but the concern was aired publicly.
Ending
Mizziak concluded by asking the board to consider whether some segments of property should be reassessed more often than the county's current four‑year cycle.
