how much are property taxes in tennessee
To calculate the tax on your property, assume you have a house with an APPRAISED VALUE of $100,000. The ASSESSED VALUE is $25,000 (25% of $100,000), and the TAX RATE has been set by the Metro Council at $4.516 (Urban Services District) or $3.924 (General Services District) per hundred of assessed value.ow to Figure Your Property Tax Bill. Property taxes in Tennessee are calculated utilizing the following four components: 1  APPRAISED VALUE. 2  ASSESSMENT RATIO. 3  ASSESSED VALUE.