North Carolina State Statutes require that all real property (land, buildings, and other improvements to the land) be revalued at market value at least every 8 years. This is to ensure that the value of property is accurate in light of changing real estate market conditions during the previous 8-year cycle. The most recent revaluation was made effective January 1, 2023 after the appraisal of 7500 parcels in Camden County by Pearson Appraisals. Property owners should receive a notice starting in April stating the updated assessed market value of their property.
If no appeal is requested, you do not have to return your appeal notice to our office.
Assessment Appeal Process
According to the NC General Statutes, the property owner has the burden of proving that the property under appeal is incorrectly valued. If the taxpayer feels the value on their notice does not reflect fair market value, the assessment appeal process provides the opportunity to dispute that value and present opposing evidence.
Step One: Informal Appeal
Informal Appeals can be filed by choosing one of the following options:
- Appeal in Person - You may call 252-338-1919 ext. 297 to make an appointment to meet with an appraiser, from Pearson Appraisal at our office located at 117 N. Hwy. 343, Camden, NC 27921.
- Appeal by Phone - You may call 252-338-1919 ext. 297 and arrange for an appraiser to call you and discuss your appeal over the phone.
- Written Appeal by Mail - You may submit an appeal by filling out the bottom section of your appeal notice and mailing it along with any supporting documents to 117 N. Hwy. 343, Camden, NC 27921.
Step Two: Formal Appeal to the Board of Equalization & Review
If you feel the decision reached in the Informal Appeal is incorrect and decide to appeal to the Board of Equalization & Review, please call the Camden County Tax Office at 252-338-1919 ext. 806 for an appointment. If you can not personally come to the appointment you can mail your information for appeal to the Tax Administrator who can present your appeal to the board. If the appeal is denied by the Equalization & Review Board property owners can still have an additional appeal opportunity with the Property Tax Commission. The instructions on how to appeal to this next step will be provided as the property owner moves forward.
Frequently Asked Questions
What is Market Value?
NC G.S. 105-283 - Market Value is the price, estimated in terms of money, at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under compulsion to buy or sell and both having reasonable knowledge of all the uses to which the property is adapted and for which it is capable of being used. This definition excludes foreclosure and family sales along with other sales that don’t meet the market value definition.
What is the purpose of a countywide revaluation?
The countywide revaluation is done to provide an accurate assessment based on the sales throughout the county. Properties are reviewed to check property and structures.
Pearson Appraisals has over 30 years' experience and have done counties from small to large.