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The original item was published from 1/27/2022 2:25:43 PM to 8/3/2022 9:38:28 AM.

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Posted on: January 27, 2022

[ARCHIVED] City Assessor's Office Completes 2022 Reassessment

Charlottesville

FOR IMMEDIATE RELEASE
January 27, 2022


City Assessor's Office Completes 2022 Reassessment


CHARLOTTESVILLE, VA - The City Assessor's Office has completed the 2022 reassessment. Of the 15,164 taxable properties, residential parcels increased by an average of 11.69%. Commercial properties (including apartments, retail, office, industrial, vacant land) increased by an average of 2.79%. When residential, commercial, new construction are averaged together, taxable properties in the City increased by 10.77% in 2022.

2022 Reassessment Highlights

Residential Properties

  • Assessments for existing residential property increased in value by 11.69%
  • 95.85% of residential assessments increased in value, 1.37% decreased, and 2.77% did not change

Commercial Properties

  • Assessments for existing commercial property increased in value by 2.79%
  • 72.05% of commercial assessments increased in value, 7.07% decreased, and 20.88% did not change

Combined existing residential and commercial property increased in value by 7.94%.  New construction value included for 2022 is 2.86%.  When new construction and reclassifications are added to the value of the existing property, the total value of property in the City increased by 10.77%

Reassessment notices will be mailed tomorrow. General FAQ's about the City Assessor's Office and assessment process can be found at www.charlottesville.gov/assessor.

The City Assessor's Office can be contacted at 434-970-3136, Monday-Friday, 8 a.m. to 5 p.m.  Please note: The City Assessor's Office remains closed due to COVID-19.


Media Contact
Jeffrey Davis
City Assessor
City of Charlottesville
434-970-3136
davisjs@charlottesville.gov

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