Keyword Analysis & Research: memphis tn property tax assessor

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Frequently Asked Questions

What is property tax in TN?

Tax amount varies by county. The median property tax in Tennessee is $933.00 per year for a home worth the median value of $137,300.00. Counties in Tennessee collect an average of 0.68% of a property's assesed fair market value as property tax per year.

What is a land tax assessment?

Land tax assessment You must pay land tax if you own land valued in excess of $300,000. Liability is assessed on land you are not using as your principal place of residence. If you own land that you are not using as your principal place of residence, you may be sent a Land Tax Notice of Assessment.

What is a real estate assessment?

Real estate assessments are based on the typical selling price of comparable properties and reflect the actions of buyers and sellers in the local market. The Real Estate Assessment Division is responsible for reviewing market transactions and using the data to assess each property accordingly.


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