New Homes Sanford NC - Cost to Live Sanford NC
Lee County/Sanford/Fort Bragg Relocation - Property Taxes
How much will I pay in property taxes for my new Lee County or Sanford home near Fort Bragg?
That's a very common question when considering purchasing a home in Lee County.
If you're considering relocating to Lee County, you may be living in Sanford, Broadway, Cape Fear, Cameron, Carolina Trace, Deep River, Lemon Springs, Northview, West Pocket, or West Sanford.
Find Out What District Your New Lee County Home is Located In
Ask your real estate agent what district number the property resides in. Or click on the link below to enter the address and find out the tax district: Lee County Tax Records site.
This chart shows the 2009/2010 Lee County property tax rates. If you are relocating to a home inside a town, the tax rate will be slightly higher. If your new home will be outside of town boundaries, the tax rate can be lower.
Check the Tax Rate Tables for the Property Tax Rate for Your District or Town in Lee County NC
The county rate gets combined with either the fire district rate or the town rate, depending on where the home for sale is located.
OK - But What Will I Actually Pay in Lee County Property Taxes?
What do all those little numbers mean? It's actually not as hard as it looks.
- Take the assessed value of the property.
- Divide by 100.
- Multiply by the tax rate.
This will give you the yearly tax amount, per 2009/2010 rates.
And just to give you an idea, here's a table of sample yearly tax payments for different sample assessed home values.
You can also check the Lee County Property Tax page for most recent information.
As you can see, a City of Sanford location will be the most expensive property tax location in Lee County. Best bargains are in the variety of fire districts outside of city limits, but property tax rates are very similar amongst the fire districts - thus it won't cost much more to live in West Sanford versus Carolina Trace.
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.
How Do I Find Out the Assessed Value of My Lee County or Sanford NC Home?
If there's a particular home that you're considering, you can go directly to the Lee County Tax Records site, type in the address, and see the assessed value of the property.
Lee County properties were last assessed in 2007. North Carolina law requires each county to conduct a revaluation at least once every eight years, but some counties assess more often. Lee County is using a six year plan, which means that the next revaluation will occur in 2013.
What if the Assessed Value of my Lee County or Sanford NC new home is Different From the Sales Price?
If there is a discrepancy between the assessed value and the asking price of the home or lot, don't be afraid to ask your real estate agent to pull comps for you. Assessed values are not always aligned well with market values, as assessments are often made several years apart.
Want to Compare Property Tax Rates for Counties in the Triangle?
Find out how Lee County NC compares to other area counties, like Wake, Johnston, Harnett, and many more.
Lee County, NC New Home Resources