Understanding Your Property Tax Bill

Personal Value:

Value of personal property (machines, equipment, furniture, fixtures, permanent tagged trailers, boats, boat motors, untagged motor vehicles, and signs used by businesses.).

Real Value:

Value of real property (ex. land and buildings).

 Elderly Exemption:

Some residents may quality for tax relief through an elderly exemption. More information on the Elderly Exemption and how to qualify.

 Deferred Value:

North Carolina allows eligible producers to apply for value deferment on the basis of present use rather than full market value, but must meet statutory requirements.

 Taxable Value:

Taxable value is the value of property as determined by the Assessor using mass appraisal methods prescribed by North Carolina General Statute. Generally speaking, taxable value on your property tax bill can include real and personal property (this includes land) minus any deferment or exemption.

FAQs

How is fire tax listed on the 2023 tax notices?

Due to the approval of the Advance Rural Fire Protection District by voters in May of 2019, property owners in that specific district will see two line items on their tax notice. Please note that ALL Davie County property owners will see ADVL followed by a number that represents “Ad valorem” tax (i.e. the 4 cent county-wide fire tax). For those who are in the Advance Rural Fire Protection District, they will see two different lines:

--ADVL followed by a number that represents “Ad valorem” tax (i.e. the 4 cent county-wide fire tax).

--FIRE ADV RURAL which is the additional voter approved fire tax for that district only.

Below is an example of how this will appear for property owners who reside in the Advance Fire District.

Why has my tax bill increased?

The recent increase of $.108 cents for property tax for the new High School debt and the $.01 cent increase for the new County Park were both part of the referendum that was voted on and approved by our citizens.  The County has not increased the property tax rate for operations in over a decade.

When is my property tax payment due?

Property tax bills are mailed in July and are due September 1st. Payments will be accepted prior to the due date. The last day to make tax payments without any interest charges is January 5, 2024. If you did not receive a property tax bill and you believe this is an error, please contact the Davie County Tax Administration office at (336)753-6120.

I have an escrow account with my mortgage company. Why did I receive a bill?

The property tax bill is mailed to the property owner each year.  Upon request from the escrow company the tax office will send a file containing balance information.

Is there a penalty for late payment?

The last day to pay without interest is January 5, 2024. Interest begins on January 6th at a rate of 2% first month and ¾% for each additional month.

I no longer own my property and I received a tax bill.

The owner of the property as of January 1, 2023 receives the tax bill. If the property has been sold, a proration is completed at closing and the office typically refers the taxpayers back to the closing attorney. The tax office mails out transfer notices to those who have transferred or sold property that have taxes still owed. This notifies the new owner of property taxes being due before they become late.