RIVERSIDE (CNS) - Property values throughout Riverside County rose
nearly 10% last year to $369.61 billion, with houses and commercial structures
making up the largest share of the valuation, according to a report released
today by the Assessor-Clerk-Recorder's Office."With such an active and appreciating real estate market this past
year, our roll reflects the market conditions for property owners in Riverside
County,'' Assessor-Clerk-Recorder Peter Aldana said. "As values go up, the tax
base grows, which helps keep our county financially strong.''The county's property tax assessment roll for the most recent base
year, valued as of Jan. 1, was 9.26% higher than in 2021, when the roll totaled
$338.28 billion, according to the Assessor-Clerk-Recorder's Office.The assessm
