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Carteret County tax office to mail reappraisal notices March 26; appeals due May 2
Summary
County tax staff said reappraisal notices will be mailed March 26. Countywide sales-ratio testing shows a median of 99.43% and a coefficient of dispersion of 7.61; appeals must be filed by May 2 and the first tax bills reflecting new values will be issued in August.
Ryan Vincent, representing the county appraisal effort, told the Board of Commissioners that change-of-value notices for the countywide reappraisal will be mailed on March 26.
Vincent said the office analyzed 3,808 valid sales for 2023–24; the median sales ratio (assessed value divided by sale price) was 99.43%, the mean was 100.01 and the coefficient of dispersion (COD) was 7.61. Notices will include parcel information and instructions for online review and appeal; appeals are due to the board of equalization and review (BOE) by May 2 at 5 p.m.
Vincent urged property owners to first review their property data online for errors — bedrooms, bathrooms, square footage — and then compare local sales available on the county website. Appeals should be based on evidence of market value (comparable sales, recent fee appraisal, income/expense statements for commercial properties or repair-cost documentation for storm or structural damage).
He emphasized that the appraised value and the tax rate together determine taxes, and that reappraisal alone does not automatically increase tax bills. The tax rate is set separately by taxing bodies; the county intends to seek a revenue-neutral outcome when possible.
Vincent gave examples of high-percentage increases based on recent sales in the county: a Harkers Island residence with a 54% increase, a Morehead City home up 75%, a Newport house up 87%, and several properties with increases exceeding 100% based on recent sales. He said 91% of parcels increased by more than 15% compared with the prior valuation, 5% decreased by more than 15% and 4% changed by less than 15%.
Key dates outlined: notices mailed March 26; BOE first meets April 7; BOE adjourns May 2 at 5 p.m.; tax bills reflecting the reappraisal will be mailed in August. The county will host an online portal with parcel data and the sales used in the analysis.
