Snap-On Tools tops county property tax payers in 2021
Published 10:49 pm Thursday, January 13, 2022
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Star Photo/Ivan Sanders Snap-On Tool was the top Carter County tax payer in 2021.
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BY IVAN SANDERS
STAR STAFF
Property taxes for Carter County’s top 25 taxpayers for 2021 came in at $1,343,268, down from $1,424,909 in 2020 which was almost a 6% decrease.
According to Nicholas Simerly with the Carter County Tax Assessor’s office, a couple of factors could have affected the totals.
“The tax rate on appraised property dropped from $2.47 in 2020 to $2.03 in 2021 which more than likely was responsible for a large part of the drop,” said Simerly. “Some businesses also had appraised value appeals with the Equalization Board and had their appraisal adjusted once reviewed.
“But I still believe most of the decrease came from the drop in the tax rate.”
The top 25 property taxpayers for 2021 are as follows:
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Snap-On Tools Manufacturing, $226,833.
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Wal-Mart Real Estate, $111,777.
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Mountain Electric Cooperative, $108,218.
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Monument Sterling Hills, LLC, $94,901.
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Lowe’s Home Centers, Inc., $60,816.
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Pine Palms Properties, $52,654.
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Robertson – CECO II Corp., $49,800.
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Atmos Energy Corporation, $48,666.
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Mountain States Properties, $48,627.
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Elizabethton Medical, $44,959.
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Robertson – CECO Corporation, $44,654.
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HT Tennessee I , LLC, $44,391.
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Borla Industries, $42,949.
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Town View Investments, $39,218.
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Riverview Investments, LLC, $34,745.
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Snap-On Tools Corporation, $32,437.
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Elk WVR, LLC, $31,368.
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United Telephone Southeast, $30,882.
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Cellco Partnership, $29,873.
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Hudson Limited Partnership, $29,074.
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Med-Trans Corporation, $28,628.
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Riverview Investments, LLC, $27,558.
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Ingles Market Inc., $26,831.
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AT& T Mobility, LLC , $26,814.
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Marathon Realty Corporation, $26,595.
