Linn County Property Values: The TRUTH Behind The Numbers!
Linn county appraiser lisa kellstadt has inherited a situation left by the covid pandemic where people from out of the area were buying real estate sight unseen and market. Assessments have been sent to people who own property in linn county outside the city of cedar rapids. Matt koch is one of those homeowners. He said his homes value went from. Below is an illustration of 2020 taxable assessed values real and personal property value and tax summary from property valuation divisions abstract website, which shows where the 2020 tax.
Our office also manages special programs. The 2023 assessed values in linn county are based on sales of residential property that occurred in linn county in 2022. If city and county assessors do not adjust assessed values as required by. Property values in linn county soared in the last year, the largest increase in real market values in a decade. Much of it is due to the skyrocketing prices for multifamily housing. View tax level, valuation, and tax increment financing revenue information and top owners of taxable real estate by school district and city in linn county. In linn county except cedar rapids, the value of residential properties assessed has increased at an average of 7. 5 percent, according to the linn county assessor's office. The 2023 assessed values in linn county are based on sales of residential property that occurred in linn county in 2022. If city and county assessors do not adjust assessed values. Mound city while homeowners in linn county may still be suffering some grief after receiving their last property valuation statement, it may get worse.
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