The Lee County Assessors Office has a staff of qualified appraisers who, under the direction of the Tax Administrator, places the value on all real estate.
The price in terms of money that a property will bring if exposed on the open market, between a willing seller and a willing buyer, both of whom are fully informed of all the uses, advantages and disadvantages of the property.
Market value is determined by analyzing real estate sales transactions and comparing conditions/characteristics of similar property which have sold. The tax office executes this process.
Revaluation is the periodic review of all real property to assure that its value reflects current market prices and that taxation is distributed in a fair and equitable manner. The tax officials do not create the values; the values are determined by transactions that occur in the marketplace. The Tax Office simply has the legal responsibility to study those transactions and appraise your property accordingly. It is mandated by the North Carolina General Statutes governing property tax assessments. Lee County is currently on a 4-year revaluation cycle.
3rd Floor Government Center
106 Hillcrest Drive
Sanford, NC 27331
Hours of Operation
Monday - Friday
8 am - 5 pm