The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1902-09-11
Report of the Register OF Deeds Shows
Large Increase in Sales in the
City Of Kenosha.
AND FARMERS KEEP THEIR LAND
Report Shows Strange Disparagement
Between the Selling Prices and the As
sessed Valuation of Property.

Register of Deeds P. C. Torrey has
prepared for the Secretary of State
and the County Board his annual re-
port or the real estate sold in the CITY
and county during the year ending
Sept. 1st, and the report will be of
great interest to the people of the city
and county.
+ The report shows that there has
been decided better tone in the real
estate market in the city during the
year, while the sale of farms in the
country districts has materially de-
creased. The prospect of a splendid
crop has had the tendency to make the
farmer to hold or to his land rather
than to put it on the market. In the
city the increase IN sales has been re-
markably large. The consideration
for real estate'..sold in the city during
the year as shown by the deeds on file
Was $l64, 562. an increase of nearly
forty. thousand dollars over the value
Of the lots sold in the preceding year.
OF course these values are only
relative as they show only the value
expressed IN the deed and in many
cases the value shown by the deed
does not approachthe real value of the
property. The opening of the Balm
Subdivision has been largely RESPONSE
BILE for the great increase in the city,
and nearly every cent of the increase
can be accounted for by the lots sold
in this subdivision.
While value of the farm property
sold during the year is less than that
sold in the preceding year, the re-
port shows that the assessed valuati
OF the property sold is much greater
than it was last year.
In the report the Register has given
the assessedsvalue Of the property sold
and thisHvalue shows that there is
wide disparagement between the value
OF the property and the value at which
1t has been assessed. This is shown
in the report on the sale of lots in the
city The value,of, these lots as shown
in the considerations filed with the
deeds (which Els ofar below the real
value) was $164,562 but the assessed
valuation of this property is placed
only $685. 65, or less than one fourth
the selling value.
There is notGsuch wide difference
on the values of the farm property sold |
and the report shows that the property |
sold for SIG, 636,was assessed at $127,-
$50, or over two-thirds of the real
value.
The statistics as prepared by the
register follow:
Total number of lots sold 1902
Total consideration in deed.... S164, 1862 CO
Assessed valuation. ........ ~ 38.O95 90
Average price per lct...... . 1913 35
Average valuation. Observation-Disclosures. 373 48 |
The report of the register for last
year showed that the value of the lots
sold in the city for the year was 1924
290 and the assessed valuation at that
time was.$25, 635.
The report shows the following in
regard to the farm property sold:
Acres sold in.the county 1905. O3 |
Consideration in the deeds S176 636 90
Assessed valuation. ......... 127. $50 90
Average selling price per acre.. 73 40
Average valuation per acre. . SO OF
The report for last year showed that
the value of farm property sold was
$2O1, 865.50 and the assessed valuation
of the property sold was $8I 500.