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2025-04-23 WS, Board of Appeal & Equal. & CC Packet
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2025-04-23 WS, Board of Appeal & Equal. & CC Packet
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4/18/2025 3:11:00 PM
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2025 Percent of Total Value by Property Type <br />Residential properties within the City of Centerville make up the majority of the cityÔs total <br />assessed valuation at 84.06% of the cityÔs total value. Commercial and industrial <br />properties account for 14.39%, Apartments 1.32% and Agricultural .23%. The table <br />below depicts the percentage of total value associated with each property type within the <br />city. <br /> <br />2025 Total EMV% of Total <br /> <br />Agricultural$ 0.23%1,661,100 <br /> <br />Apartment$ 1.32%9,430,000 <br /> <br />Commercial/Industrial$ 14.39%103,028,300 <br /> <br />Residential & Agricultural$ 84.06%601,895,800 <br /> <br />Total$ 716,015,200 <br /> <br /> Note: Includes new construction values <br /> <br />In 2025, the total market values by classification remained stable. The previous few years the <br />market share of commercial and industrial properties grew due to the addition of several new <br />businesses. Below is a chart showing the percentage of market value for each of the main <br />property classes from 2021 to 2025. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> **Note: does not include Agricultural classification due to market share less than .5% <br /> <br />4 <br /> <br />24 <br /> <br />
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