Tuesday, 19 March 2013 16:30
Property values drop in St. Louis County
CLAYTON, Mo. (AP) — Preliminary reassessment figures show that the median value of a residential property in St. Louis County declined 7 percent over the last two years.
County Assessor Jake Zimmerman released the figures Monday. The St. Louis Post-Dispatch reports that many properties in areas with high levels of foreclosure sales are down 12 percent or more.
St. Louis County reassesses property every odd-numbered year.
Assessments increased for residential properties in only one school district — 0.4 percent in Clayton. The biggest drop was in the Riverview Gardens School District — 24 percent.
Zimmerman says sales volumes are picking up and the real estate market appears to be recovering.
The values are preliminary and could be changed by the assessor's office until July 1.
County Assessor Jake Zimmerman released the figures Monday. The St. Louis Post-Dispatch reports that many properties in areas with high levels of foreclosure sales are down 12 percent or more.
St. Louis County reassesses property every odd-numbered year.
Assessments increased for residential properties in only one school district — 0.4 percent in Clayton. The biggest drop was in the Riverview Gardens School District — 24 percent.
Zimmerman says sales volumes are picking up and the real estate market appears to be recovering.
The values are preliminary and could be changed by the assessor's office until July 1.
Published in
Local News
Tuesday, 19 March 2013 09:15
STL County reassessment lowers property values
Home values in St. Louis County appear to be sliding in the wrong direction.
The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.
Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.
Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
Published in
Around Town
Tuesday, 19 March 2013 01:37
STL County reassessment lowers property values
Home values in St. Louis County appear to be sliding in the wrong direction.
The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.
Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.
Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
Published in
Local News
Friday, 08 February 2013 04:25
Assessed St. Louis home values expected to decline again
Although the housing market may be picking up, assessed home values in St. Louis are expected to decline for the third time in a row.
St. Louis County's first elected assessor, Jake Zimmerman says preliminary computer models show values dipping slightly. Zimmerman told the St. Louis Post-Dispatch that human assessors may tweak the figures after examining individual homes.
He says anyone whose assessed property value increases will be notified by mail right away so that there's plenty of time for an appeal before the bills go out in the fall.
St. Louis County's first elected assessor, Jake Zimmerman says preliminary computer models show values dipping slightly. Zimmerman told the St. Louis Post-Dispatch that human assessors may tweak the figures after examining individual homes.
He says anyone whose assessed property value increases will be notified by mail right away so that there's plenty of time for an appeal before the bills go out in the fall.
Published in
Local News
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
SCIENTISTS: CHINA BIRD VIRUS LIKELY SILENT THREAT
BEIJING (AP) -- Scientists taking a first look at the genetics of a bird flu strain that has killed three people in China said Wednesday that the virus could be harder to track tha...
DRUG MAKER NOVARTIS LOSES INDIA PATENT BATTLE
NEW DELHI (AP) -- India's Supreme Court on Monday rejected drug maker Novartis AG's attempt to patent an updated version of a cancer drug in a landmark decision that health activis...
Report finds lax oversight of specialty pharmacies
WASHINGTON (AP) - A congressional investigation finds that specialty pharmacies like the one that triggered a deadly meningitis outbreak last year have little state oversight. ...
Influential pediatricians group backs gay marriage
CHICAGO (AP) — The nation's most influential pediatrician's group says research shows that parents' sexual orientation has no effect on a child's development and that kids fare jus...
MORNING-AFTER PILL USE UP TO 1 IN 9 YOUNGER WOMEN
NEW YORK (AP) -- About 1 in 9 younger women have used the morning-after pill after sex, according to the first government report to focus on emergency contraception since its appro...
US HOSPITALS SEND HUNDREDS OF IMMIGRANTS BACK HOME
DES MOINES, Iowa (AP) -- Days after they were badly hurt in a car accident, Jacinto Cruz and Jose Rodriguez-Saldana lay unconscious in an Iowa hospital while the American health ca...
ANGER, FEAR, TEARS NORMAL RESPONSE TO DISASTERS
BOSTON (AP) -- Kaitlyn Greeley burst into tears when a car backfired the other day. She's afraid to take her usual train to her job at a Boston hospital, walking or taking cabs ins...
Dick Van Dyke health mystery - he asks public for help …
LOS ANGELES (AP) — Dick Van Dyke is seeing doctors for an undiagnosed health problem, and he's seeking advice online as well. "My head bangs every time I lay down," the 87-year...
