New Bern-Craven County Tax Valuation

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Realtor Steve Tyson

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Craven County 2010 Tax Re-valuation

NC law requires that a revaluation be conducted in each county at least every 8 years. The last revaluation in Craven County was 2002 and we are currently working on an update that will take effect in 2010. The purpose of a revaluation is to provide equalization among properties.

The new valuations will be mailed out in February, 2009. If you have justification to support the fact that your value is not a reasonable estimate of current market value, you may request the county review your records to assure the property is correctly listed and values are properly listed.

If you are not satisfied with the results, you have 4 levels of appeal.

An informal appeal to the assessor’s office where an appraiser will review your record with you and, if warranted, complete an additional on-site inspection of your property. If you do not agree with their review you can.

Have a formal appeal to the Craven County Board of Equalization and Review where you may plead your case and present evidence for a value change. If you do not agree with their assessment you can.

Appeal to the North Carolina Property Tax Commission in Raleigh. If you are not satisfied with their decision you can.

4.    Continue your appeal on to a court of law for a final settlement.

Will this mean my property taxes will go up in 2010? Some will go up, some will actually go down, and some will remain around the same. In my next newsletter I will talk a little more about how the new appraisals will be done and how it could affect the taxes you pay. Feel free to contact me at

SteveTyson@ncmove.com

or call me

252 514 9157

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 Can you afford to buy a house? The chart below shows current interest rates.

Now that you know the interest rate, plug it in to the calculator below to see what your principle and interest payments would be.

The Gross National Debt


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Pay off your loan quicker. Check out this calculator

Here's how it works: You input your original mortgage balance, the original term and interest rate. Then figure out how many month's of payments you've already made. Finally, decide how soon you'd like to have your mortgage paid off. For example, a couple in their 40's may decide that they'd like to pay off the 30-year loan they took out last year in 20 years. They input the particulars of their current loan, put in a new term of 20 years, and the Early Payoff Calculator determines how much extra they need to pay each month to make that happen.





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Contact Steve
Steve Tyson


1915 Trent Blvd

New Bern, NC 28560

Cell: 252-514-9157

Work: 252-514-9157

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