When are our Murphy NC property taxes due for 2014?
Q: Oh no! We haven’t gotten a tax bill for our new home here in the mountains yet. When are our Murphy, NC property taxes due for 2014?
A: Real property taxes are paid “in arrears” and are due September 1 of each year. This means you won’t be getting your property tax bill until September of 2014 and have until January 5, 2015 to pay without interest. If the 5th falls on a weekend, you have through the next business day. Interest starts on January 6th with 2% the first month and ¾ % each month thereafter until paid.
The current tax rate for Cherokee County, NC is $0.52 per $100 of your assessed tax valuation. Depending on the area you live in there is also a fire district tax. So you're typical home assessed at $150,000 value would be approx. $780 - and with the fire tax, you'd be paying just under $900. In addition, if you live within the city limits there is an additional $0.42 per $100.
The Property owner on January 1 is the responsible taxpayer for that tax year even if the property is sold during the year. Even if your taxes are paid through an escrow account with your mortgage payment you will still receive a tax bill even though the mortgage company is notified too. Contact your mortgage company just to verify that they are also receiving the bill and will paying it.
If we can assist you with any other information or answer any questions you might have on living in Murphy, NC or the surrounding northeast GA or east TN Mountains visit
Lee & Carol Barbour at www.MountainLivingTeam.com
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