Tax - Real Estate Appraisal
Appraisal Process
All real property (land and buildings) in Lincoln County is appraised by the Lincoln County Appraisal Department Staff. The amount of property tax you pay is based on the assessed value placed on your property on January 1 of each year, as if it existed on January 1, 2023. The assessed value is multiplied by the tax rate per $100 of assessed value to calculate the amount of taxes due. Taxes are billed to the owner of the property as of January 1 of the current tax year. Tax rates are set by the Lincoln County Commissioners in June of each year. N.C. General Statutes require a reassessment, or revaluation, of real property at least once every eight years. Lincoln County revaluations are conducted on a four-year cycle. The current revaluation is effective January 1, 2023 and the next will become effective on January 1, 2027.
2025 Value change notices were mailed on February 26, 2025.
The Board of Equalization and Review convenes on Monday, April 7, 2025 and adjourns at noon EST on April 28, 2025 for the purpose of accepting appeals.
Additional Resources:
Schedule of Standards and Rules for the 2023 Revaluation
Appeal Form to the Board of E&R; Real Property
Preparation Checklist for Review of Real Property Tax Value