Lee County NC 2011-2012 Property Tax Guide
How much do property taxes cost for Lee County NC new homes?
Whether you're considering relocating from the other side of the country or the other side of the Triangle, you've probably wondered what the yearly property taxes might be for your new home.
Where is Lee County located? Lee County sits between Chatham County, Harnett County, and Moore County.
Lee County is home to Sanford.
When were Lee County NC property values last adjusted (assessed)?
Lee County revalues all real estate at least every eight years, per NC requirements.
This procedure allows the Tax Department to adjust the appraised value of real estate to reflect the property's true value in light of changing real estate market conditions.
The chart below shows the 2011 Lee County property tax rates. If you are relocating to a home inside a town or fire district, the tax rate will generally be higher. If your new home will be outside of town boundaries, the tax rate can be low.
The county rate gets combined with either the fire district rate or the town rate, depending on where the home for sale is located.
The Lee County property tax chart is not as confusing as it looks. The tax rates are always based on the assessed value of the home, not the asking price, so you'll want to look up the assessed value, or ask your agent for it.
How do I use this table?
1. Take the assessed value of the property.
2. Divide by 100.
3. Multiply by the combined 2011 tax rate.
4. This will give you the yearly tax amount, per 2011 fiscal year rates.
Example Property Tax Calculation
For example, Sanford has a town rate of 0.54, and the Lee County rate is 0.75.
Add the two together - the total tax rate for Sanford, NC is 1.29.
To get up-to-date Lee County tax information, visit the Lee County Property Tax Records Site.
This table gives sample property tax bills for all the municipalities and fire districts in Lee County.
Where Should I Live to Get the Lowest Property Tax Rate?
Your tax bill can be lower if your home or property is not actually within a municipality, or town. If this is the case, you'll pay just the County rate, plus most likely a fire district tax.
What County Will My New Home Be In?
When looking at properties, don't take the city address for granted - you could be in a different county, with different tax rates, depending on where exactly the property is located.
Want to compare the property tax rates of counties throughout central North Carolina?
Alamance County NC Property Tax Rates 2011
Chatham County Property Tax Rates 2011
Cumberland County Property Tax Rates 2011
Durham County Property Tax Rates 2011
Granville County Property Tax Rates 2011
Harnett County Property Tax Rates 2011
Johnston County Property Tax Rates 2011
Lee County, NC Relocation Resources:
Sanford New Home Communities, Lots, and Land for Sale
