2025 REAPPRAISAL INFORMATION

STATE MANDATED PROPERTY REAPPRAISAL

Bradley County Assessor of Property Stanley Thompson announced today that Bradley County has recently completed its state mandated reappraisal program. Notices will be mailed March 26, 2025. State law requires that all property be periodically reappraised at market value. The 2025 reappraisal process has been completed by the local Assessor’s staff. However, the State of Tennessee did monitor the reappraisal to ensure that the local Assessor’s office did abide to the guidelines set by the Tennessee State Board of Equalization. Bradley County last reappraised in 2021.           

Assessment change notices will be mailed to all property owners with a change in assessed value. The notice will be titled "ASSESSMENT CHANGE NOTICE". The new appraisal is the estimated fair market value of your property as of January 1, 2025.The new appraisals have been determined using real estate sales that occurred during 2024. All factors of the ever-changing real estate market have been considered, in all, over 2200 qualified real estate sales were used to determine values. The previous assessment was determined by real estate values from 2020.

 A new appraisal does not necessarily mean a property tax increase. A new Certified Tax rate will be determined by the State Board of Equalization, T.C.A. 67-5-1701. Tennessee’s Certified Tax Rate law is intended to prevent a revenue windfall for the county after a mass reappraisal. It requires the tax rate be decreased to produce the same amount of revenue as the previous year. For example, Bradley County’s total revenue from property tax was approximately $46,000,000 for tax year 2024, so the 2025 tax rate must be decreased to generate the same amount of overall revenue as the year before. Any rate other than the Certified Tax Rate must be approved by the Bradley County Commission, Cleveland City Council or the Charleston City Commission.

Generally, the appraisal and assessment of a property do not change in the years between reappraisals. However, properties which have changed during a non-reappraisal year (such as those that have been added onto or been damaged or had a change in use, such as, from residential use to commercial use) may require a change in appraised value, assessed value, and/or classification. When any of these changes occur, whether during an appraisal or non-appraisal year, an Assessment Change Notice is mailed.

If a property owner wishes to discuss their new assessment, they should follow the directions listed on the assessment change notice by calling 423-728-7213. The reappraisal staff will field questions beginning March 31st and end on April 11th via phone and email, in person appointments will begin April 14th. Property owners will be notified by mail of the outcome of their request. Walk-in customers and property owners with a scheduled appointment can meet with a representative from the reappraisal staff beginning April 14th, after phone appeals are concluded. Questions can also be emailed to assessor@bradleycountytn.gov. It is the goal of the Assessor’s office to arrive at a fair market value and also be fair and equitable to all property owners.