The value of property in the city of Charlottesville is up 3.4% this year compared to 2013. Notices of the latest assessment of property are being mailed to city residents. They show the value of residential property is up 2.5%, the first increase in five years. Commercial property value is up 1.2%. Any city property owner who has not received a notice by February 6th should contact the assessor’s office. Commissioner of Revenue Todd Divers says there are programs to assist residents who need help paying their property taxes.