Some Shelby County homeowners see more than 50% hike in property assessments
Assessor plans to ask the Shelby County Commission to change reappraisals to every two years, versus every four. Author: Jeni Diprizio Updated: 6:12 PM CDT March 16, 2021
MEMPHIS, Tenn. Sticker shock - that s how some Shelby County homeowners are feeling about their latest Shelby County property assessments.
Every four years, the county assessor re-assesses property values, and this time around, property values in some parts of town are sky rocketing.
Some homes have shot up by more than $100,000 in value.
When people are going to their mailbox, many are finding appraisals have gone up tens of thousands of dollars, and they fear that will turn into a large tax increase.
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