The County of Albemarle appraises real estate every year based on 100% Fair Market Value as required by the Code of Virginia. The Real Estate tax is a tax assessed on all real property in the County unless a legal exemption exists.

Real property taxation generates the largest local revenue source in many states. Real estate tax bills are mailed in the Spring and Fall to the property owner with payment due to the County by June 25th and December 5th.

The Board of Supervisors holds an annual public hearing on the Tax Rate Changes prior to the issuance of Real Estate tax bills.

• Please visit Board of Supervisors site for more information.

The 2024 Real Estate Tax Rate is $0.854 per hundred of assessed value.

The information below is used to determine the assessment of a property.

• Information gathered on site visits
  
  • Specific parcel information and any improvements
• Building Permits
• Surveys completed by the buyer or seller
• Sources on the internet such as property listings
• Sales information which comes from the recorded deeds

Annual reassessment notices are mailed by the the County Assessor's office by the end of January each year reflecting assessed values effective as of January 1st.

You can view real estate assessment information using the County's GIS Maps.

The 2024 Reassessment Notices will be mailed on Friday, January 26, 2024. 

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New! Paperless E-Statement for your Tax Notices

We are excited to announce we now offer digital statements for electronic communications about your Albemarle County tax notices.

This secure digital solution is in response to taxpayers’ growing preference for paperless options.

This solution offers:

• Quick and hassle-free access to Albemarle County real estate, personal property, and business tax bills and notices online via electronic portal from any device
• Convenient email notification ensuring prompt communication your statement is ready to view and/or pay
• A seamless transition from paper to eco-friendly digital communications to reduce physical mail

Please refer to your notice for your “Registration ID” to enroll. Please note, there is a unique Registration ID for each parcel. 

HOW TO ENROLL IN NEW E-STATEMENTS

1. Visit Albemarle.estmt.net
2. Start at “Create an Account."
3. Enter your “Registration ID” found on your notice to enroll.
4. You must enter your name exactly as it appears on the bill.
5. You can link multiple bills using the registration IDs after account is created.
6. FUTURE tax bills will arrive via electronic notification.

If you need assistance with enrollment, please email edocs@southdata.com or call
1-800-549-4722.  Hours for support are M-F, 8 am - 5 pm EST.

We make every attempt to keep our assessments fair and equitable, so consistency is important. There are valuation techniques used when assessing properties.

Residential Property

Residential Property is valued by the Sales Comparison approach.

In this approach, sales of local and regional properties in Albemarle County are used to create a model that accounts for differences in quality, finish, amenities, size and style of improvements, as well as site influences such as view, topography and location. While the model is calibrated with property sales, it is used to determine the assessed value of all properties. This is referred to as Mass Appraisal and is the standard method for assessing properties throughout the Commonwealth.

Commercial Property

Commercial Property valuation uses all three valuation techniques below.

Our appraisal staff researches and analyzes residential and local commercial sales information each year to better calibrate our assessment model. Commercial Income and Expense Survey Forms are sent each year, so we can have better assessments through actual market data.

Commercial Income and Expense Survey Forms are sent out by July 1 and should be returned by October 1.

Sales Comparison

This is also referred to as the market approach. This technique considers sales of comparable properties while adjusting for their differences. This approach is always used to develop land values and is used to calibrate and confirm the income and cost approaches. This is an easy to understand approach and a reliable indicator of market value, but often there is limited data for unique properties.

Income Approach

The income approach is determined by analyzing actual and market rent and typical expenses and applying a market capitalization rate. This approach provides a value based on net operating income and typically gives the most weight on income producing properties like apartments, multi-tenant offices, and hotels.

Cost Approach

The cost approach (cost less depreciation) is a recognized method in our commercial assessments. This approach is effective in being systematic and uniform and in determining separate values for land and buildings.

The reassessment of properties to determine accurate market values requires the proper analysis of sales. If you recently purchased a property in Albemarle County, please fill out and submit a Sales Validation Questionnaire. (Using Internet Explorer is recommended.) We very much appreciate your assistance in this process.

2024 

5-22-2024 Meeting Recording

6-24-2024 Meeting Recording

7-9-2024 Meeting Recording 

7-11-2024 Meeting Recording

7-15-2024 Meeting Recording 

7-22-2024 Meeting Recording

7-29-2024 Meeting Recording

8-8-2024 Meeting Recording

2023

12-5-2023 Meeting recording

11-7-2023 Meeting recording

8-18-2023 Meeting recording

8-1-2023 Meeting recording

7-14-2023 Meeting recording

7-12-2023 Meeting recording

7-6-2023 Meeting recording

7-7-2023 Meeting recording

6-2-2023 Organizational meeting

2022

Meeting Audio Recording from 05-09-2022

2021

Meeting Audio Recording from 06-01-2021

Meeting Audio Recording from 07-01-2021

Meeting Audio recording from 07-13-2021

Meeting Audio Recording from 07-15-2021

Meeting Audio Recording from 07-20-2021

Meeting Audio Recording from 07-27-2021

Meeting Audio Recording from 07-29-2021

2020

Meeting audio recordings from 07-01-2020 and 07-16-2020

Meeting audio recordings from 07-21-2020 and 07-28-2020