It was believed by some that COVID-19 would have a negative effect on the value of real estate.
This may or may not be the case. However, due to low interest rates, reduced inventory and
higher sales prices of property, some in Clinton County could see an increase in their property
assessments this year despite the COVID-19 pandemic.
Clinton County Assessor, Brian Tiesman, reports that residential value changes will vary based
on location, but the overall average increase for county residential will be around 7%. Based on
the 260 residential sales that occurred in 2020, just on residential county properties. Along with
the City of Clinton we had strong residential sales that came in this past year. We saw an average
increase of 2.5% increase in the City of Clinton residential parcels based on 465 sales. With the
past years sales combined we are at a 93.5% sales ratio. The Iowa Dept. of Revenue requires
assessors to maintain a 95% – 105% median sales level.
Assessment is based on the market value of property, or an estimate of what it would sell for on
the open market as of January 1st the assigned year of assessment. Approaches may include
identifying comparable properties that recently have sold, making an estimate of the cost of
replacing the property and determining value according to potential income produced by a
property based on market lease, vacancy and capitalization rates. An event like COVID-19 may
or may not have an effect on value, and the assessor will follow the market conditions in your
area to determine what values should be.
The Clinton County Assessor’s office will be sending out assessment notices to all property
classes on April 1, 2021 informing them of the January 1, 2021 assessment. This new value will
be the basis for property taxes payable fall of 2022 and spring of 2023. That valuation is used
with tax levies set by the local governments and school boards to determine property taxes.
Recipients of property tax revenue include cities, counties, hospitals, merged area schools,
assessors, townships, and agricultural extension districts, according to the Iowa Department of
Revenue, which regulates state tax laws.
Directions on how to compare property valies is included here
To review assessment information, please visit the assessor’s website at www.clinton.iowaassessors.com
If property owners have questions or concerns about their assessment, they’re encouraged to
contact their local assessor’s office at (563) 244-0569. Property owners can request an informal
review April 2 through the 25, 2021. In addition, a formal petition to the local Board of Review
can be made April 2 through the 30, 2021.We highly recommend property owners contact our
office as soon as possible to ensure timely processing of requests.
Petitions to the Board of Review are available in our office at 1900 N 3rd St., on our website and
the Iowa Department of Revenues website
Brian Tiesman, ICA
Clinton County Assessor
