The real estate assessment review process for the City of Petersburg is conducted during the month of May each year. The city operates a three-step appeal process, allowing property owners adequate opportunity to address their assessment concerns before the City Assessor's Office, Board of Equalization, and Circuit Court.
Property owners who feel the assessed value does not represent the fair market value of their property as of July 1st of the current assessment year, or that the assessment is not equitable with comparable properties, or is otherwise erroneous, may wish to have the City Assessor's Office review the assessment. Application for Review of Assessment forms can be filed with the city assessor if delivered or postmarked by June 30.
This form is available at the office of the city assessor, or can be downloaded from this city web-site. It can be delivered or mailed to:
A written letter of appeal can be made to the Board of Equalization if submitted or postmarked by July 1. It is not a requirement that you first request a review of the assessment by office of the city assessor before you file an appeal with the Board. The letter should be delivered or mailed to:
Petersburg Board of Equalization
Room 301-City Hall
135 North Union Street
Petersburg, VA 23803-3237
The Board of Equalization is made up of three residents who own property in the city. Each member is qualified and appointed by the Petersburg Circuit Court and serves a staggered three year term.
Property owners who are not satisfied after seeking a remedy through the office of city assessor and/or the Board of Equalization may file suit in the Petersburg Circuit Court within three years of the tax assessment year in question. In order to file a suit, the property owner or the owner's agent must have appealed the alleged erroneous assessment to the Board of Equalization and the Board must have heard and acted on the appeal.