Snap-On Tools tops county property tax payers in 2021

Published 10:49 pm Thursday, January 13, 2022

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:
  1. Snap-On Tools Manufacturing,   $226,833.
  2. Wal-Mart Real Estate, $111,777.
  3. Mountain Electric Cooperative, $108,218.
  4. Monument Sterling Hills, LLC, $94,901.
  5. Lowe’s Home Centers, Inc., $60,816.
  6. Pine Palms Properties,  $52,654.
  7. Robertson – CECO II Corp.,  $49,800.
  8. Atmos Energy Corporation,  $48,666.
  9. Mountain States Properties, $48,627.
  10. Elizabethton Medical, $44,959.
  11. Robertson – CECO Corporation, $44,654.
  12. HT Tennessee I , LLC, $44,391.
  13. Borla Industries,  $42,949.
  14. Town View Investments,  $39,218.
  15. Riverview Investments, LLC,   $34,745.
  16. Snap-On Tools Corporation, $32,437.
  17. Elk WVR, LLC, $31,368.
  18. United Telephone Southeast, $30,882.
  19. Cellco Partnership,  $29,873.
  20. Hudson Limited Partnership, $29,074.
  21. Med-Trans Corporation,  $28,628.
  22. Riverview Investments, LLC,  $27,558.
  23. Ingles Market Inc.,  $26,831.
  24. AT& T Mobility, LLC ,  $26,814.
  25. Marathon Realty Corporation,  $26,595.