Property Tax Increase
- Thread starter spierceisu
- Start date
My brother in law lives in Johnston and his went up 22% so depends where you live in Johnston.
Assessors only assess the 100% value. They assess by rule. The Supervisors set the dollars needed.
Which is crazy cause my assessed value is currently $60k less then what I could sell it for. My neighbor currently has their house listed for $110k more then assessed.
Taxable or assessed value? If its 100% you are fortunate and the Assessor doesnt have the staff or possibly doesn't do a good job or in a fast growing area. https://beacon.schneidercorp.com/ should get you a search for your Counties values IF your County Subscribes to Beacon/Schneider. No I am not an Assessor. And slow taxable growth counties need proper assessment for correct taxations, they need every dime. Fast growing, the tax base increases along with new taxpayer demands without even trying.
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Welcome back, sir. I figured that had to have been on the list already.
See the next post. That is the requirement but it often LAGS far behind market values in places that see real price gains in the market values. They have rules to follow that causes the values to not reflect the market for some time.
Looked at my house valuation. Usually I just look at the business entities, but since I need to pay today I checked them out. New house across the street from me sold for 15-20k more than my valuation for my 2003 house. We are medium level amenities, did it for the kids to spill, wreck and destroy, the new house is higher level amenities. House south of mine is assessed at the same price as mine and it's 300 sq foot bigger with an extra car garage on. Think I'm getting put on the high end.
Guess I shouldn't complain, buddy of mine has been trying to sell his house, and he has it listed for assessed value, not even an offer yet but had lookers.
Guess I shouldn't complain, buddy of mine has been trying to sell his house, and he has it listed for assessed value, not even an offer yet but had lookers.
If you are concerned about taxes, the iowa/ MN stateline has a unique advantage with sales tax. Iowa has no sales tax on food and MN has no sales tax on clothes.
Its getting to be more and more of a concern I think. We pay taxes and we die....but at some point you do what you can to limit the amount we are getting taxed to the max. Crazy to think about paying off a house worth $350,000 and retiring and the end result is a payment still near $1000 mo. when its a F/C house. Unreal
Precisely, it's a shell game. But again, if you are against paying more (and who isn't?) remember, it's for the kids.
I finished my basement last year and my assessed value went up 22% in Polk City (smaller house). Not sure what the actual increase was due to the market.