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Tennessee Conservative News Staff –
Many property owners in Wilson County have received quite the shock after receiving their most recent property reappraisal notices, sparking concern of impending property tax increases.
According to Wilson County Commissioner Lauren Breeze, the median property value increase in the county was 66.6%.
Breeze says there is a reason that the value increase was so steep.
“We only do a property reassessment every five years, so think about what has happened in the last five years, not just in Wilson County, but across Tennessee,” she told WKRN.
Some property owners expressed disagreement with the new values, but Wilson County Assessor of Property Stephen Goodall said those values are based on sales data for homes that have been bought and sold over the reappraisal period from 2021 to January 1, 2026.
The increase has left many residents concerned that they are also going to see a major spike in property taxes.
That likely will not be the case, according to Breeze, who says the new tax rate is expected to be significantly lower when it is set in June.
She says she anticipates that the new rate will be around $1.17 per $100 assessed value. Individuals who live inside of a city will also need to factor in the city’s property tax rate as well to come up with a final figure.
Goodall noted that there is an appeal process for anyone who feels their new assessed value is inaccurate. Owners can have their own assessment done or look at the sales of homes in their area to help build their case for a different value and then contact the Property Assessor’s office.
If the issue is not resolved, property owners may then request a meeting with the County Board of Equalization, which meets for the entire month of June.
“In that meeting the property owner would need to bring in comparable sales of recently sold homes that are just like theirs or a recent appraisal on the property and show the County Board why your value is incorrect. The County Board has to go off evidence, and if a property owner shows up with nothing, then they won’t be able to hear the case. The property owner needs to have evidence for that meeting,” Goodall said.
There is no cost involved in those appeals.
Sources:
https://www.wkrn.com/news/local-news/wilson-county-residents-surprised-over-high-property-values
