Assessor
The Mission of the Assessor's Office is to discover, list and value all taxable property within the City of Pewaukee in accordance with state law. By providing accurate and uniform values, we ensure that the burden of taxes is distributed in a fair and equitable manner.If you have specific concerns regarding the assessed value of your property; or if you have questions regarding the assessment process, please do not hesitate to contact our department.
Michele L. Cullen
City Assessor
Phone: (262) 691-0820
Fax: (262) 691-6076
Email: Cullen@pewaukee.wi.us
Assessor's News
2010 Preliminery Assessed Values
Notices of assessment were mailed on May 14th to all property owners in the City of Pewaukee. The value indicated on the notice is reflective of the market conditions that existed on January 1st, 2010. For more information click here...
Pursuant to 2009 Wisconsin Act 68 (Effective 11-25-2009):
The City of Pewaukee is conducting a city wide revaluation for the 2010 assessment roll. As such, we will be periodically conducting exterior inspections on properties throughout the city until such time that we have completed our assessment roll (estimated to be completed by mid summer 2010). Under ss. 943.13 and 943.15, the assessor and members of an assessor’s staff may enter land of another (other than a building, agricultural land or pasture or livestock confinement area) or construction sites without trespassing if the following apply:
- The assessor or the assessor’s staff enters the land in order to make an assessment on behalf of the state or a political subdivision.
- The assessor or assessor’s staff enters the land on a weekday during daylight hours, or at another time as agreed upon with the land owner.
- The assessor or assessor’s staff spends no more than one hour on the land.
- The assessor or assessor’s staff does not open doors, enter through open doors, or look into windows of structures on the land.
- The assessor or the assessor’s staff leaves in a prominent place on the principal building on the land, or on the land if there is not a principal building, a notice informing the owner or occupant that the assessor or the assessor’s staff entered the land and giving information on how to contact the assessor.
- The assessor or the assessor’s staff has not personally received a notice from the owner or occupant, either orally or in writing, not to enter or remain on the premises.
Real Estate Transfer Returns Are Now Available on the Department of Revenue's Website
Starting with transfer returns filed in July of 2009, the Wisconsin Department of Revenue is now allowing the public to view this information on their web page. Sales information can be sorted by document number, county, municipality, address, grantor or grantee, sale price, parcel size or predominant use. The web address is as follows:
https://propertyinfo.revenue.wi.gov/iasWorld/Main/Home.aspx
Housing Market Update
With so much talk of the decline in the housing market, I'm sure that many residents are wondering what has happened to the home values in the City of Pewaukee during 2008 and how the sale prices relate to the assessed values that are currently in place. The following information is being provided to assist owners in gaining a better understanding of the housing market's impact in the City of Pewaukee:
| 2007 Sales | 2008 Sales | |
|---|---|---|
Number of Arm's Length* Sales |
201 |
158 |
Average Sale Price |
$313,400 |
$310,500 |
Average Assessment of Sales |
$309,500 |
$308,700 |
Aggregate Assessment to Sales Ratio |
98.76 |
99.42 |
What is evidenced by the above information is that the City of Pewaukee has avoided the downturn in the market that has been seen in other locations-even in SE Wisconsin. We are definitely experiencing stagnation in the market; however properties involved in arm's length transactions have not shown a significant decline in value to date. In fact, on average, the sale prices for properties sold in 2008 remain higher than the current assessed values.
*Arm's Length Sales are transactions which occur between unrelated individuals in an open and competitive market where both the buyer and seller are not compelled to act and both parties are knowledgeable as to the market and acting prudently. Arm's length transactions also allow for a reasonable exposure time to the market.