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
Enterprise Holdings increasing hiring of veterans
Enterprise Holdings is increasing their hiring of veterans as we head into Memorial Day Weekend. The company says they have already hired more than 600 vets this year and plan to ...
Last day to drop off donations as part of "STL 4 OKC"
It is the last day to donate items as part of the STL 4 OKC campaign. Mayor Francis Slay, County Executive Charlie Dooley, and Rams Quarterback Sam Bradford were all on hand this ...
Illinois Judge pleads not guilty for drug, gun possessi…
An Illinois judge whose colleague died of a cocaine overdose while the two were on a hunting trip together has been charged with possession of heroin and guns. St. Clair County Ci...
Illinois House passes conceal carry law
SPRINGFIELD, Ill. (AP) - The Illinois House has approved a plan to allow qualified gun owners to carry their weapons in public. Illinois is the only state in the country without a...
Relative accused of sexually assaulting 2-year-old girl
Reports of a disturbing case of sexual assault coming from Belleville. A 45-year-old man is in custody after allegedly raping a 2-year-old girl. Officers say there was a witness p...
UPDATE: ATF fugitive captured
The hunt for a fugitive in the St. Louis area is over. The ATF reports that agents have captured Excedrin Collins. The alert for Collins was sent out by the Kansas City ATF office...
TRUCK IN WASH. SPAN COLLAPSE HAULED DRILLING EQUIP
MOUNT VERNON, Wash. (AP) — A truck hauling a too-tall load of drilling equipment hit an overhead bridge girder on the major interstate between Seattle and Canada, sending a section...
School bus overturns on I-55
Six people are hurt after an accident involving a school bus on I-55. It happened in the southbound lanes of I-55 just past 7th Street shortly before 9 am. The school bus was turne...
