Four property owners contested their property assessments and came before the North Sioux City Equalization Board March 15.
The first, Tom Kenny, informed the board that he felt his house was overvalued compared to the houses around him. The county valued his home at $778,307 and reduced it on March 8 to $765,870. He asked that the board value his house at $655,767. After discussion, board member Lesa Cropley moved with a second by Dan Parks to value his home at $680,000 and the land at $84,000 for a total assessment of $764,000.
The second request came from M. Margaret Morgan. She was not present for her appeal, but did submit a written letter with her request. Her assessment value was set for $129,545 by the county for 2021. In 2019, she appealed an increased assessment from $119,574 to $124,574 which was set back to $119,574 when she went before the equalization board. According to information retrieved from the County Assessor’s office, the stay in assessment is only good for one year. After consideration of the board, they set the land value at $22,302 and the house at $103,250 for a total assessed value of $125,552.
See full story in this week’s Dakota Dunes / North Sioux City Times.