Historical property is real property designated as a historic structure or site by a local ordinance adopted by the Historical Property Commission and approved by the Board of Commissioners. Property that is classified as historical shall be taxed on the basis of fifty percent (50%) of the true appraised value. After property has been designated as historical property, the owner is required to contact the local Tax Listing Office for a historical deferment application.
Change in Eligibility
The deferred taxes will not become due unless or until the property loses its eligibility for the benefit of this classification. This could occur because of a change in an ordinance designation or a change in the property which causes its historical significance to be lost or substantially impaired.
If the property should no longer qualify the tax for the current year shall be computed at the original assessed value without the 50% deferment and taxes for the three preceding years that have been deferred shall become due and payable with any interest or penalties that would normally accrue. If only a part of the historical property loses its eligibility for the classification, a determination shall be made of the amount of deferred taxes applicable to that part and the taxes shall be due and payable with interest or penalties that would normally accrue.
If you need additional information, please contact the Tax Listing Office. These laws are applicable to all counties in the state of North Carolina.
Applications are available in person or by mail, or by using the print form option below:
Completed forms must be mailed to:
Lincoln County Tax Department
100 East Main Street
Lincolnton, North Carolina 28092