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SH property values up 12% in last year

 

October 25, 2017



Real market property values in Sweet Home increased nearly 12 percent from 2017 to 2018, causing increases in property tax bills and in tax revenues, according to data released earlier this month by the Linn County Assessor’s Office.

Assessed values also increased by more than 4 percent around Sweet Home. Assessed values may increase by up to 3 percent per year when they are less than the real market value. Assessed values can increase by a larger amount based on new construction.

Inside the city limits, the aggregate real market value of property increased from $543.9 million to $707....



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