by: Diane Benjamin
Imagine you receive your Property Assessment Notice in the mail and overnight your property doubled or tripled in value. This is what happened to many property owners in “Uptown” Normal. The figures listed must be multiplied by 3 to reflect the value the Normal Assessor assigned to the property.
For instance – the first property
2011 value – $386,100 ($128,700 x 3)
2010 value – $164,208 ($54,736 x 3)
The value more than doubled in 1 year!
Some are even worse. Many of these properties had little or no work done to them. Was the Normal Assessor just completely incompetent, so they raised all the values to actual in 1 year? Or, is there another reason?
There is. Find out Monday!
All information is from the County Assessor’s website: http://webapp.mcleancountyil.gov/webapps/Tax/TaxParcelInfo.aspx