Charlottesville Area Real Estate
Tax Rates
Depending on the county, real estate is assessed by a local assessor annually or up to every four or five years. The assessor places a value on the subject property and the real estate taxes are calculated from it. Unlike some areas, the sales price has no direct impact upon how the property is assessed.
For example, a tract of land is sold in Albemarle County for $750,000. It had been assessed for $500,000. The real estate taxes on this tract of land would be $3400. (.68/$100 x $500,000) . Taxes may be lower if it is in Land Use.
| COUNTY REAL ESTATE TAX RATES | |
|---|---|
| Albemarle | .68/$100 |
| Buckingham | .58/$100 |
| Fluvanna | .43/$100 |
| Greene | .72/$100 |
| Louisa | .62/$100 |
| Madison | .59/$100 |
| Nelson | .72/$100 |
| Orange | .42/$100 |
| City of Charlottesville | .95/$100 |
Contact us today to start your search for your ideal tract of land in central Virginia!
Gayle Harvey Real Estate, Inc.
2025 Woodbrook Ct.
Charlottesville, Virginia 22901
434.589.5340
1.888.8Va.Land
E-mail us