Chase City, Charlotte County, Virginia Property Taxes

Name: Property Tax Bills Across Chase City, Charlotte County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Chase City, VA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Chase City, VA home value: $68,792
Median annual Chase City, VA tax bill: $427, $1,973 lower than the national median property tax bill of $2,400.

How are property taxes in Charlotte County calculated?

Property taxes in Chase City, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Chase City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chase City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Chase City, Charlotte County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.62%

Estimate Property Tax Bill

$436

$404

Ownwell’s Chase City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chase City with just two data points. By entering your property's estimated assessed value, our calculator applies Chase City’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Charlotte County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chase City, Charlotte County, Virginia

Local government entities set tax rates, and these can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Chase City’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Chase City, located in Charlotte County, has a median property tax rate of 0.62%, which is significantly lower than the national median of 1.02%. This means that residents of Chase City enjoy a more favorable tax rate compared to many other parts of the country. This lower rate can lead to substantial savings for property owners, making Chase City an attractive location for homeowners seeking lower property tax burdens.

Property Tax Rates Across Chase City, Charlotte County, Virginia

Source: Ownwell

0.62%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Chase City Tax Rate

0.62%

Median Effective Charlotte County Tax Rate

0.62%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chase City, Charlotte County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23924	0.62%	0.62%	0.62%	0.62%	0.62%

Source: Ownwell

Property Tax Assessment Values Across Chase City, Charlotte County, Virginia

When examining property taxes in Chase City, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Charlotte County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Charlotte County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Chase City. For example, the median home price in Chase City is $68,792, with tax bills ranging significantly across the county. Zip code 23924 has the highest median home price at $68,792.

Property Tax Assessment Values Across Chase City, Charlotte County, Virginia

Source: Ownwell

$60,251

$72,677

$85,103

Median Chase City Market Value

$70,270

Median Charlotte County Market Value

$72,045

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chase City, Charlotte County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23924	$19,817	$45,174	$70,270	$105,812	$164,436

Source: Ownwell

Property Tax Bills Across Chase City, Charlotte County, Virginia

In Chase City, located in Charlotte County, VA, property tax bills are calculated based on the assessed value of the home. The median home price here is $68,792, which is significantly lower than the national median. The property tax rate is applied to this assessed value to determine the tax bill. In Chase City, the median property tax bill stands at $427, which is substantially below the national median of $2,400. This lower tax bill can be attributed to the region's more affordable housing market. Factors such as the property's location, size, and condition can influence its assessed value and, consequently, the tax bill. Homeowners can find relief in these lower tax bills, but there is still room for savings. Ownwell can assist homeowners by identifying opportunities for tax appeals and exemptions, potentially reducing their property tax burden even further. With expert guidance, homeowners can ensure they are not overpaying and are taking full advantage of any available tax relief programs.

Property Tax Bills Across Chase City, Charlotte County, Virginia

Source: Ownwell

$370

$445

$520

Median Chase City Tax Bill

$436

Median Charlotte County Tax Bill

$441

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Chase City, Charlotte County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23924	$123	$280	$436	$656	$1,019

Source: Ownwell