KENANSVILLE — A rainy Monday morning brought more than just bad weather for Duplin County residents; it also delivered higher-than-expected property tax bills following a county-wide revaluation. This revaluation has resulted in dramatic increases in assessed property values, with some values more than doubling.
Despite months of reassurance from county officials that the revaluation wouldn’t necessarily mean tax increases, and even dropping its tax rate to $0.58 per $100 of assessed value — a 15.5-cent decrease — citizens are reporting tax increases ranging from $500 to $3,000. Many are grappling with inflated home valuations and inaccurate property data. Some residents have appealed their assessments, calling for accountability, and others are concerned about their ability to afford their homes.
“I paid 280,000 and now 410,000,” shared Leroy Chasten from Magnolia in a survey conducted by Duplin Journal for this story. Another resident from Wolfscrape shared, “My appraisal says 109,000. They now tax it at $203,600. I sure couldn’t sell it for that,” wrote Linda Williamson.
The financial strain is echoed by many. “How are people affording these tax bills when the average income is under $40,000?” said Zack Fussell, emphasizing how the burden falls on working families.
“Most of the citizens are struggling as it is,” said Williamson, who is about to retire. “It’s sad that you work all your life and at the end you are taxed out of your home.”
Gary Rose, County Tax Administration Department head, attributes the steep increases to real estate appreciation since the last revaluation in 2017.
“Duplin County has experienced a lot of appreciation in the real estate market since that time,” Rose told Duplin Journal. “The largest increases percentage-wise are coming in the residential properties. The lower-priced to medium-priced homes and doublewide mobile homes saw the highest rates of increase. That directly correlates to what is happening in the real estate markets.”
A significant driver is the surge in new development projects across Duplin County, which raises comparable sales prices and pushes older properties’ values upward even without physical improvements. Development of upscale or modern homes tends to elevate the perceived value of neighborhoods, creating a halo effect that drives up the values of surrounding older homes.
In towns like Wallace, Beulaville, Warsaw and Teachey, new homes, subdivisions and multifamily projects are emerging quickly. Wallace alone is planning over 900 residential lots across two large projects, and Warsaw has more than 60 zoning permits out for new homes.
Data from the Federal Reserve Bank indicates that 134 building permits were approved for new private housing structures in Duplin County last year.
Wallace, Beulaville, and Teachey rank among the top 30 towns statewide with significant investor activity driving up prices. Wallace is ranked 15th for the “Investor Feeding Frenzy Factor,” with home values rising nearly 28% above their 10-year average. Beulaville is 20th, showing a 20.8% increase in home prices compared to historical trends, while Teachey ranks 25th due to increased investor interest, based on data from Zillow Home Values Index and HomeStratosphere. Additional information from Stacker shows that Magnolia experienced a 20.2% increase, Teachey saw a 14.4% rise and Warsaw’s home values grew by 15.7%.
While these trends can indicate economic growth, they also reflect the challenges faced by residents during this transition. Understanding the factors behind the revaluation may help residents facing significant tax increases build stronger cases for appealing what they perceive as excessive assessments based on inaccurate comparables.
According to Rose, “Any valid and qualified sale in the county was included as comparables.” He also noted that some residents are seeing larger tax bill increases due to town taxes. “Some of the towns did not reduce their tax rates and others only reduced a small amount,” Rose pointed out.
When asked about the property inspection process, Rose said the county tried to conduct in-person reviews on all improved parcels, but rural areas posed challenges.
“Aside from the 10 small towns and the River Landing area, most of Duplin County is rural. We tried to do in-person inspections on all the improved parcels,” said Rose. “Now the poultry and swine farms are different. With the concerns of spreading diseases and such, we relied on looking at farms from the road and using the 2024 aerial photographs.”
Rose added that they did the best they could with properties with fences and “no trespassing” signs. “Vacant farmland and woodland we tried to verify if there were any improvements or changes.”
Rose noted that approximately 1,500 appeals were filed, with around 30% resulting in value adjustments.
For more information, call the County Tax Administration Department at 910-296-2110.
Read More: Survey shows widespread assessment disputes