Real estate tax bills are mailed in the Spring and Fall to the property owner with payment due to the County by June 5th and December 5th. Click here for current tax rate information.
The County of Albemarle appraises real estate every year based on fair market value as provided by the Virginia State Code. Reassessment notices are mailed out by the Real Estate Office in the January following the assessment. The appraisal staff in conducting their field appraisal work considers adjacent property sales, condition of property, zoning stipulations, and other miscellaneous factors that could be an influence on the market value of the property.
The Board of Supervisors appoints a Board of Equalization composed of six County residents to review the assessments of the Real Estate Office during the year. The Board of Equalization may be requested in writing to review individual assessments and have the power or option by State Code to increase, decrease, or retain the appraisal.
Two programs Albemarle County offers owners of Real Estate are:
Click here for information regarding Veterans' Real Estate Tax Exemption.
Real Estate-Related Frequently Asked Questions
Citizens who maintain an escrow account with a mortgage company will receive a copy of their real estate tax bill. However, the bill should have the notation, "MORTGAGE COMPANY HAS BEEN BILLED".
If you refinance your mortgage, please follow up with your mortgage company to ensure that they request your real estate bill from the County.
Please keep in mind that the payment of your real estate taxes by a mortgage company is a private arrangement between you and your mortgage company. The County cannot legally intercede in this relationship. It is therefore the citizen's responsibility to ensure that the mortgage information on his/her account is current and correct and to follow up with his/her mortgage company to ensure that payment is made in a timely matter.
For more information, please contact the Revenue & Taxation Office at (434) 296-5851.