|
Bristol Info
You've dreamed of living in a city rich with history and adventure filled with warm and friendly people. Swimming in a still lake or exploring an
old Indian cave hideout, biking or hiking in one of the state's largest
parks with trails winding through wilderness or along a peaceful lake.
Can you see yourself strolling through a unique downtown full of history or taking a break at one of the outdoor cafes and listening to live music being
performed at an outdoor venue as the sun sets on extraordinary
storefronts along a street split between two states?
Bristol was incorporated in 1856, and is nestled in the mountain of northeastern Tennessee. It is 100 miles east of Knoxville and occupies
land area of 32 square miles with a population of 25,500.
Bristol was declared by the U.S. Congress as the Birthplace of Country Music and known world wide as the "Big Bang of Country Music". In 1927 Ralph Peer of RCA came to Bristol and made the first recordings of the Carter Family, Jimmy Rogers, and the Stoneman Family. The city remains true to its roots by keeping music alive with performances most nights in the historic downtown and with the Rhythm and Roots Reunion Festival in September of each year.
Twice annually, Bristol is a Nascar destination with a week long array of area events surrounding Bristol Motor Speedway.
Property Taxes
You can find the tax rates at the following link 2007 Tennessee Property Tax Rates. The rates on this page is stated as tax rate per $100 of assessed value. Tennessee's assessed value for residential property is 25% of appraised value. For example, if your home has been appraised at $200,000, then the accessed value would be $50,000. Use the following formula to calculate your taxes. For more information go to the following link.
How to Figure your Property Tax Bill
(Assessed value) $50,000 / 100 = 500 x (Sullivan County tax rate) $ 2.53 = (County tax) $1,265
(Assessed value) $50,000 / 100 = 500 x (Bristol City tax rate) $ 2.42 = (City tax) $1,210
|
