The Tax Assessor’s Office is responsible for appraising all real and personal properties at their fair market value with market value being defined as the amount a knowledgeable buyer would pay and a willing seller would accept for a tract or parcel of land. Fannin County has approximately 27,093 real parcels of land and 4,040 personal property accounts.
A Message from the Fannin County Tax Assessors Office
Throughout the year you may notice the Fannin County Board of Assessors appraisal staff in your neighborhood or area conducting onsite field inspections. Fannin County vehicles will be clearly marked with emblems, and staff will have picture ID’s and business cards. Feel free to question staff for the reason for their visit and produce identification. We appreciate your cooperation with our necessary onsite visits and as always we want to respect your privacy.
As a part of conducting field inspections due to Building Permits, Appeals, or general appraisal review, the staff will be reviewing land characteristics, improvements and taking exterior measurements. Normally there is not a need to come inside your home or place of business but at some time it may be necessary in order to complete the inspection or appeal review. Should a interior inspections be needed, it will be noted on the informational door hanger by the appraiser. The tax payer can set up an appointment with their appraiser to complete the interior inspection. Should you not be at home and no interior inspection is needed, the review will still be conducted and an informational door hanger will be left along with the appraisers’ business card. If you have any questions or concerns please feel free to contact the number on the card to speak with your appraiser.
To arrive at market value, the appraisal staff will use all qualified sales of land that are recorded in the Clerk of Court office. These sales are arrayed from the highest to the lowest price, with the medium value being used, along with any other factors that may apply such as road frontage, water frontage or any influence that may affect the value.
The fieldwork staff visits all new construction to gather the information needed to appraise a home or other structures. The information that is collected is the dimensions of the structure, the type of roofing, the number of bathrooms, the type of flooring, the wall and ceiling finish etc. Once the value of the land and the value of the structure are arrived at, this would represent the 100%, or appraised value, of the parcel.
Taxes In Georgia, taxes are applied against 40% of the fair market value. Any homestead exemption would be subtracted from the assessed value and the remaining value would be applied against the millage rate set by the cities, county, school board and state to determine the amount of tax owed. The state reviews the assessed values yearly to make sure that they are fair and in line with state law.
Property tax exemptions can be applied for at the assessors office the most common of which is the Conservation Use Value which requires a minimum of ten acres set aside for agricultural use.
The assessors office currently does not have a internal mapping department. All mapping needs are contracted through a vendor.
Personal Property Assessment
The Personal Property Division is responsible for the taxation of all inventories, machinery and equipment, construction equipment, boats and motors, and anything else that would qualify as personal property. The millage rate is applied to the 40% value.