Lake Panorama Property Assessments Coming Soon

By Susan Thompson

Lake Panorama property owners soon will receive their 2018 property assessment notices from the Guthrie County Assessor’s office. Nikki Carrick, Guthrie County Assessor, says notices will be mailed about February 14.

“These notices are intended to inform Lake Panorama property owners of the estimated market value of their property,” Carrick says. “However, the values should not be confused with taxable value or property taxes. Property taxes based on these 2018 property assessment values will be payable in the fall of 2019 and spring of 2020.”  

In March 2014, Vanguard Appraisals, Inc. of Cedar Rapids was awarded the contract to reappraise all Lake Panorama residential property in Guthrie County. The reappraisal was conducted to equalize assessed values, since not all properties have decreased or increased at the same rate.

Over the last year, company representatives have measured and attempted to inspect all residential property. Both a sales analysis and a review of the information collected were conducted before property values were finalized.

Carrick says property owners will have an opportunity to meet with a representative of Vanguard Appraisals, Inc., beginning March 5, 2018. These meetings are an opportunity for the property owner to submit any information that may affect the estimate of market value of their property.

"Property owners who disagree with the new values should be prepared to state their estimate of market value and present evidence to support that estimate,” Carrick says.  “Vanguard representatives must base any adjustments they make on relevant data, and cannot make adjustments simply because property owners are displeased with increases in value. Our goal in this process is to be fair to all property owners, and accurate in our assessment of values.”

Property owners who want to meet with a Vanguard representative must request an appointment prior to Feb 26, 2018, by calling the Guthrie County Assessor’s office at 641-747-3319.

If assessment values do change, new notices will be mailed prior to April 1.

Carrick says Lake Panorama property owners also have an opportunity to protest the new assessed values to the Guthrie County Board of Review during the normal protest period. A written protest must be submitted between April 2 and April 30 for the Board of Review to consider any adjustment. The assessment notice will have additional instructions on how to protest assessed values to the Guthrie County Board of Review.