Betty Burchett
Assessor of Property
A letter regarding the 2009 reappraisal from your Assessor
Every six years in Montgomery County the Assessor’s Office is charged with conducting a reappraisal, 2009 is Montgomery County’s reappraisal year. The reappraisal is done to establish equity county-wide by bringing all appraised values current so that all real property assessments are at 100% of fair market value. Fair market value is established by taking the 2008 qualified sales in your area and estimating the fair market price for your home if you were to sell it on January 1, 2009.
Generally, the appraisal and assessment of your property will not change in the years between a reappraisal or CVU (current value update) unless you have property that you have remodeled, damaged or changed the use which may require a change in the appraised value and when that happens you receive an Assessment Change Notice in the mail from our office in the Spring before tax notices are mailed in the Fall.
In 2003 Montgomery County did have a CVU (current value update) which is required by the State of Tennessee when in the middle of a six year reappraisal cycle the appraised value falls well below the fair market value. The State calculates the factors for the different property types and they are applied to properties appropriately in an attempt to maintain appraisals at a 100% of fair market value. By using this website our office will strive to continue to make information available to you on a timely basis. We will continually be adding statistics to help you better understand your assessed values and the reappraisal process. We will provide you with important information regarding how the Assessor’s Office conducts its duties and give you information on how to apply for programs you may qualify for such as Green Belt and exemptions.
You can also access property records through this website or go to www.assessment.state.tn.us and you can access Tennessee property maps through tnmap.state.tn.us/assessment and you can access aerial photos by going to gisweb.apsu.edu/ta063.
The Assessor’s Office works for you, the citizens of Montgomery County, Tennessee and we are committed to serving you. We welcome any questions or concerns you may have and appreciate the opportunity to serve you.
Sincerely,
