The January 1, 2018 Assessment Roll has been reviewed, finalized and certified by the City’s Board of Review at their June 19, 2018 meeting. This final roll data for both real estate and business personal property accounts has been sent to the Real Property Lister’s for both Marathon County and Wood County.
With that 2018 assessment roll finalization, the City’s assessment database has been rolled over to begin work on the pending January 1, 2019 Assessment Roll. As such, the City Assessor’s Office staff has resumed our in-office and in-the-field work to review 2018 sales transactions and open building permits from 2018 and prior years (those permits that hadn’t been completed by January 1, 2018).
- We conduct exterior reviews of all real estate properties that have sold during the year, if we have made an initial determination that the sale is probably an arm’s-length, market transaction. To assist in that initial determination, we first mail out Sale Validation Questionnaires to both the seller and buyer in those transactions. Completed questionnaires can be returned via regular mail or email. We do not send out individual notifications of when we will be conducting those on-site exterior inspections for either commercial or residential properties. In some cases however, we would like to schedule an interior inspection of the properties that have sold to verify the physical attributes of the property at the time of sale and to update our property records for the sale and pending assessment year accordingly (subject to an owner’s right to refuse entry).
- We also conduct in-office and on-site reviews of all properties that have been issued building permits for work items that have a probable impact on the value of the property. Permitted updates like new furnaces, air conditioning or electrical service panels will prompt an in-office review only. Permitted updates like new siding or windows and new decks, garages/sheds or the razing of an exterior feature will prompt an exterior inspection of the property. Permitted updates to residential properties like additions, bathroom or kitchen remodeling, and basement finish changes will prompt us to send a letter requesting a full interior inspection of the property (subject to an owner’s right to refuse entry). Similar permits for changes to commercial properties will prompt an on-site visit for a request to review the exterior or interior, but a letter for such an inspection request will not be sent ahead of time in most cases.
Thank you for your assistance in our annual maintenance year reviews and associated property assessment record updates. As always, our goal is to provide fair and equitable assessment administration and valuation based on the best information available to us. Your cooperation is essential in this process.
Helpful Links to WI Property Assessment Information