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
WESTBROOK PACES CARDS TO 4-1 VICTORY
ST. LOUIS (AP) -- Edwin Jackson believes he knows what ailed him at the start of his tenure with the Chicago Cubs. "Earlier, I felt like I was kind of mechanical, kind of too much...
BLACKHAWKS BEAT BRUINS 6-5 IN OT, TIE SERIES 2-2
BOSTON (AP) -- After struggling for more than 120 minutes to score even once, the Blackhawks beat Boston goalie Tuukka Rask a half-dozen times in Game 4 of the Stanley Cup finals t...
Express Scripts proposes plan to bring 1500 jobs to St.…
St. Louis-based Express Scripts is looking to add 1,500 jobs over the next five years. The company says the hiring will coincide with work on a $56 million expansion to the North ...
Storm debris pick up in St. Charles ends next week
St. Charles County officials say the last day for storm debris pickup is a week from today. Residents can place fallen tree limbs at the curb in impacted area east of Highway 94, n...
Convicted sex offender charged for another sex crime
A man, already on the sex offender registry, is facing charges for allegedly molesting a 10-year old boy. Douglas Hahn was convicted of sodomizing two girls in St. Louis County in...
Illinois lawmakers plan to form committee to examine pe…
SPRINGFIELD, Ill. (AP) - Illinois lawmakers have convened a special session in Springfield, where they're expected to move ahead with plans to form a committee to deal with pension...
Arrest made in Kirkwood murder case
19-year-old Nicholas Lunceford is in custody connected to the murder a murder in the Village of Marlborough. Police believe that Lunceford shot and killed 18-year-old Brandon Rich...
St. Louis group gets grant to provide job training to i…
ST. LOUIS (AP) - A St. Louis organization is getting a $1.4 million grant from the U.S. Department of Labor to provide job training for inmates. Federal officials on Wednesday ann...
