2025 Real Estate Assessment
- Thread starter CycloneDaddy
- Start date
Just remember, a rise in assessment does not mean you pay more taxes.
I got the double whammy. 21% in assessment and a 1.1% increase in tax levy from the city. Woo-hoo.
Of course the assessment will be a couple years to actually see the effect. The city rates will be for next year.
And yet I've never had property taxes go down on what I own, ever.
Looking at my house's entire tax history, it went down once in it's 20 years, by a whole $128. What a savings
Our home changed very little, but the value of the lot for my rental property went way up for some reason.
Yes, and that is typical. All of the taxing entities are just as effected by inflation, and the demand for services never get less. However, just because your property assessment goes up 30% (which is a good thing because you own real estate that is appreciating), it does not mean your tax will go up the same rate. In fact, the Iowa Legislator has put caps on how much your taxes can go up.And yet I've never had property taxes go down on what I own, ever.
Looking at my house's entire tax history, it went down once in it's 20 years, by a whole $128. What a savings
I always laugh when people complain about their assessment, but in their next breath say they could sell their property for more than what the County assesses it at. Don't worry about your assessments, worry about what your School Distirct, City and County set their levy rate at.
Up 8% in Ankeny. Just contested mine down 6% last year after buying the house. Guess we're back to square 1
Up 10% Polk county. I'm not even sure I would get close to what my new assessed value is if we put our house up for sale right now. House just down the street from me with the same floor plan that has more updates than mine but minus the 3rd garage stall and a smaller lot just sold for nearly 30K less than my new assessment and 5k under their new assessed value.
I've done the protest process on my previous house and it's pretty much a waste of your time because even if you are successful and get it reduced in 2 years they'll just adjust it back higher than it should be and you likely will not win another protest.
I've done the protest process on my previous house and it's pretty much a waste of your time because even if you are successful and get it reduced in 2 years they'll just adjust it back higher than it should be and you likely will not win another protest.
Yeah the district, city, and county are all going up too, Ankeny sent out that letter last month too. Over 12% for a 2.4% actual increase... They all use the other going up as an excuse to raise theirs.
My assessment is going up 5%, and it's only that low b/c I had to protest the last one, where they were assessing it for 15% more than I had just paid for it. I need to protest this one too, as I would take a cash offer (buyer pays all cost) of my assessment and then go buy the same sized house, newer or even a new build, for 25-50k less just a few streets away from where I'm at. The comps don't match, and they count on no pushback.
Really I just need to accelerate my plans out of Polk County.
Have your mom move in with you, you can say it should be Ag since she does a lot of plowing.i got switched from ag to residential
The local school is basically steady but the county and municipality are both 15-20% bumps.
What's your address? I'll look it up & look up some comparable sales to try to help explain it.
She actually does a lot of hoeing. I know this because Im over there plowing a lot.
