Coon Rapids Residential Property Values See Modest Increase for 2026 Tax Year

Coon Rapids Residential Property Values See Modest Increase for 2026 Tax Year

Coon Rapids, MN [May 14, 2025] - Homeowners in Coon Rapids will see a slight uptick in their residential property values for taxes payable in 2026, according to recent data released by Anoka County. While the increase is described as modest, it will factor into the property tax bills residents receive next year.

Anoka County, which handles property assessments for Coon Rapids, mailed out valuation notices in March of 2025, detailing the estimated market value of properties as of January 2, 2025. This valuation forms the basis for the property taxes payable in 2026.

According to the City of Coon Rapids, the 2025 assessed values, which reflect the market value as of January 2, 2025, will be used to calculate the property taxes due in 2026. These values are determined through a mass appraisal process that involves analyzing recent property sales and considering individual property characteristics. State law mandates that assessors physically review each property at least once every five years; in 2025, city appraisers are scheduled to visit and review approximately one-fifth of the residential properties in Coon Rapids between April and September as part of this five-year cycle.

While the exact percentage of the overall increase in residential property values for Coon Rapids was not specified in the initial announcement, the city has indicated that Anoka County makes this information available on its website. Property owners who believe their valuation or property classification is incorrect are encouraged to first contact the Anoka County Assessing Department at 763-767-6446 to discuss their concerns.

For residents who wish to formally appeal their property's estimated market value for the 2026 tax year, the City of Coon Rapids held its Local Board of Appeal and Equalization meeting on Tuesday, April 22, 2025, at 7:00 p.m. at Coon Rapids City Hall. This board provides an opportunity for property owners to have their valuation and classification reviewed. It's important to note that this board focuses on the market value and classification and does not have the authority to adjust property tax amounts.

The Anoka County Assessor's Office emphasizes that assessed values are determined well before the budgeting processes of the city, county, and school districts begin. The property values are used to distribute the total cost of local government levies among property owners.

Property owners in Coon Rapids can find more information about their property valuation and the assessment process on the Anoka County website or by contacting the Anoka County Property Records and Taxation Division at 763-323-5400. Understanding the valuation process and available appeal options is crucial for homeowners as they plan for their 2026 property tax obligations.