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HomeMy WebLinkAboutM092910• .. ok EQU& O Dave Garing Sally Shumaker Henry Krist 1820 Jefferson Street P.O. Box 1220 Port Townsend, WA 98368 Dave daring Sally Shumaker MINUTES September 29, 2010 Henry Krist Chairman Vice - Chairman Member Chairman Dave Gating called the meeting to order at 9:30 a.m. in the presence of Vice - Chairman Sally Shumaker and Member Henry Krist. APPROVAL OF MINUTES Member Krist moved to approve the minutes of July 19 and 21, 2010. Vice - Chairman Shumaker seconded the motion which carried by a unanimous vote. PETITION WITHDRAWALS Member Krist moved to accept the following petition withdrawals. Vice - Chairman Shumaker seconded the motion which carried by a unanimous vote. APPELLANT Charles Bullen & Jo Anne Etheridge Assisted Living Concepts, Inc. James Green f( „ I( „ APPEAL NO. BOE 10 -27 -R BOE 10 -30 -R BOE 10 -37 -R BOE 10 -38 -R BOE 10 -39 -R REQUEST TO RECONVENE PARCEL NO. 938 701 034 001 034 004 981 901 420 981 901 421 981 901 422 A "Request to Reconvene" was received by the Board of Equalization for the 2010 season. It was submitted on the basis that the taxpayer has met the specific requirement outlined in WAC 458 -14 -127 RECONVENED BOARDS - AUTHORITY (1)(c) which states that Boards of Equalization may reconvene on their own authority to hear requests or appeals concerning the Phone (360)385 -9100 Fax (360)385 -9382 jeffbocc&o.jefferson.wa.us Board of Equalization Minutes - September 29, 2010 Page: 2 current assessment year when the request or appeal is filed with the Board by April 30 of the tax year immediately following the Board's regularly convened session and when a bona fide purchaser or contract buyer of record has acquired an interest in real property subsequent to the first day of July and on or before December 31 of the assessment year and the sale price was less than ninety percent of the assessed value. The Clerk of the Board confirmed with the Assessor's office that the appellant has met this requirement. Member Krist moved to reconvene the 2010 Board of Equalization for the following taxpayer appeals that were timely filed: APPELLANT PARCEL NO. John Ritland 962 115 206 Paul Berkshire 931 401 001 John Scott & Ann Perrotta 959 500 021 Vice-Chairman Shumaker seconded the motion which carried by a unanimous vote. Appraiser Charley Hough provided copies of the current sales analysis and report card to the Board for their review. HEARINGS Susan Maresco, Trustee BOE: 10 -28 -R PN: 951 904 009 S. Maresco Living Trust 204 Stanford Avenue Santa Cruz, CA 95062 Susan Maresco was not present. Appraiser Charley Hough represented the Assessor's office and was sworn in by Chairman Gating. Under appeal is the land and improvement value of property located at 5004 Magnolia Street, Port Townsend. Currently, the property is assessed at $371,980 ($100,000 for the land and $271,980 for the improvements). The appellants estimate the value is $315,000 ($65,000 for the land and $250,000 for the improvements). On the petition form the appellant wrote the following reason for appealing the valuation of her property: "Prices of houses started falling in 2008 due to the US and global recession. This neighborhood has been hard hit or hit hard - either way - sales are few and far between. Port Townsend overall has been hit hard in general, also. This home has been on the real estate market for a total of 16 months at reasonable asking price(s) w/o any offers." Appraiser Hough said that the Appellant provided a flyer from John L. Scott with four (4) sold parcels on it. He is unable to find the location or the assessment date of those four (4) parcels because they have sold and are no longer available on the Real Estate website. Therefore, he is Board of Equalization Minutes - September 29, 2010 Page: 3 unable to provide testimony regarding this information. The Appellant's property replacement cost is approximately $118 per square foot. Appraiser Hough feels comparable #3 is closest in comparison to the Appellant's home and the replacement cost is $117 per square foot. He then reviewed the following comparable sales: Appellant's Comparable Property A Parcel No.: 965 000 259 Location: 660 Pinecrest Drive, Port Townsend Assessment Date: January, 2008 Assessment Price: $410,475 Sale Date: January, 2010 Bargain & Sale Deed (24 months after the assessment date) Sale Price: $270,000 Appellant's Comparable Property B Parcel No.: 965 000 161 Location: 333 Baycliff Drive, Port Townsend Assessment Date: January, 2008 Assessment Price: $433,630 Sale Date: October, 2009 (21 months after the assessment date) Sale Price: $335,000 Appellant's Comparable Property Parcel No.: 962 114 330 Location: 230 Victory Avenue, Port Townsend Assessment Date: January, 2007 Assessment Price: $312.550 Sale Date: September, 2009 (20 months after the assessment date) Sale Price: $289,000 Appellant's Comparable Pronertv D Parcel No.: 962 115 603 Location: 133 Lyter Avenue, Port Townsend Assessment Date: January, 2008 Assessment Price: $310,060 Sale Date: May, 2010 (16 months after the Appellant's assessment date) Sale Price: $278,000 Vice-Chairman Shumaker asked and Appraiser Hough confirmed that all of the Appellant's comparable sales occurred after the assessment date of January 1, 2009. Chairman Garing said that the Assessor's comparable sales were very good. He then asked Appraiser Hough to explain how all the assessed values on the comparable sales he provided decreased and the assessed value on the subject property increased? Appraiser Hough replied that the subject property was purchased while values were still increasing, it is a newer home Board of Equalization Minutes - September 29, 2010 Page: 4 with recent improvements. Hearing no further testimony, Chairman Gating closed the hearing. The Board will make a determination at a later date. Robert & Dianna Denny BOE: 10 -22 -R PN: 940 200 011 200 Dennis Blvd. Port Townsend, WA 98368 Robert & Dianna Denny were not present. Appraiser Charley Hough represented the Assessor's office and was sworn in by Chairman Gating. Under appeal is the land and improvement value of property located at 200 Dennis Blvd., Port Townsend. Currently, the property is assessed at $318,815 ($110,000 for the land and $208,815 for the improvements). The appellants estimate the value is $273,000 ($73,000 for the land and $200,000 for the improvements). On the petition form the appellants wrote the following reason for appealing the valuation of their property: "Valuation does not reflect true market value." Appraiser Hough informed the Board that the subject property was sold in November of 2005 for $310,000 and it was brand new. The Appellants purchased the home in May, 2009 (17 months after the assessment date of January 1, 2008) for $275,000. He then reviewed the following comparable sales provided by the Appellants: AnDellant's Comparable Pronerty 1 Parcel No.: 977 100 916 Assessment Date: January, 2008 Assessment Price: $277,210 Sale Date: November, 2009 (23 months after the assessment date) Sale Price: $265,000 (5% Less than assessed value) ADDellant's Comparable Property 2 Parcel No.: 941 400 001 Assessment Date: January, 2008 Assessment Price: $273,420 Sale Date: May 2010 (32 months after the assessment date) Sale Price: $230,000 (16% Less than assessed value) ADDellant's Comparable Pronertv 3 Parcel No.: 939 601 408 Assessment Date: January, 2008 Assessment Price: $322,430 Sale Date: July, 2009 (19 months after the assessment date) Sale Price: $295,000 (9% Less than assessed value) Board of Equalization Minutes - September 29, 2010 Page: 5 Appellant's Comparable Property, 4 Parcel No.: 977 100 712 Assessment Date: January, 2008 Assessment Price: $279,100 Sale Date: June, 2009 (18 months after the assessment date) Sale Price: $234,000 (16% Less than assessed value) Appellant's Comparable Property 5 Parcel No.: 938 400 513 Assessment Date: January, 2008 Assessment Price: $285,910 Sale Date: February, 2010 Bargain & Sale Deed (26 months after the assessment date) Sale Price: $202,000 (29% Less than assessed value) Appellant's Comparable Property 6 Parcel No.: 940 500 018 Assessment Date: January, 2008 Assessment Price: $257,340 Sale Date: December, 2009 (23 months after the assessment date) Sale Price: $259,900 Appellant's Comparable Property 7 Parcel No.: 940 800 041 Assessment Date: January, 2008 Assessment Price: $247,870 Sale Date: July, 2008 (7 months after the assessment date) Sale Price: $272,500 (1% More than assessed value) Appellant's Comparable Propertv 8 Parcel No.: 940 200 003 Assessment Date: January, 2008 Assessment Price: $171,155 Sale Date: August, 2008 (8 months after the assessment date) Sale Price: $189,000 (10% More than assessed value) Appellant's Comparable Property 9 Parcel No.: 941 400 015 Assessment Date: January, 2008 Assessment Price: $260,265 Sale Date: August, 2009 (20 months after the assessment date) Sale Price: $262,000 Vice- Chairman Shumaker asked if the view from the Appellants' property is the same view from the comparable sales? In answer to the question, Appraiser Hough reviewed the adjustments Board of Equalization Minutes - September 29, 2010 Page: 6 made on all the comparable property sales regarding the views. Hearing no further testimony, Chairman Garing closed the hearing. The Board will make a determination at a later date. Aleksandra Wareham & Piotr Okonski BOE: 10 -21 -R PN: 995 500 031 6457193`d Place NE Redmond, WA 98052 Piotr Okonski was present. Appraiser Dennis Pownall represented the Assessor's office. After explaining the hearing process Chairman Garing swore in both parties. Under appeal is the land and improvement value of property located at 21 Deer Hollow Road, Port Ludlow. Currently, the property is assessed at $348,965 ($110,000 for the land and $238,965 for the improvements). The Appellants estimate the value is $330,000 (No breakdown of the land and improvements were provided). Mr. Okonski informed the Board that he purchased the home in September 2009 for $330,000 and he would like the assessed value to be reduced to that amount. Appraiser Pownall agrees that the market has declined and informed the Board that the assessment date of the Appellants' property was January 1, 2007. He then explained the assessment process and informed the Appellant that Jefferson County is on a four (4) year cycle. The Port Ludlow area (Chimacum School District) will be reassessed in 2011 where he expects values to decrease. He discussed the comparable sales listed in the fee appraisal provided by the Appellants. Current sales in Port Ludlow are on average 20% lower than the current assessed value. The fee appraisal for the subject property was $302,000 and the Appellants paid 9% above that price. Hearing no further testimony, Chairman Garing closed the hearing. The Board will make a determination at a later date. Frederic & Janice Helm BOE: 10 -31 -R PN: 601 074 003 Helm Living Trust 9202 NW 27' Avenue Vancouver, WA 98665 Frederic and Janice Helm were not present. Appraiser Charley Hough represented the Assessor's office and was sworn in by Chairman Garing. Under appeal is the land and improvement value of property located at 500 Point Whitney Road, Brinnon. Currently, the property is assessed at $357,495 ($195,635 for the land and $161,860 for the Board of Equalization Minutes - September 29, 2010 Page: 7 improvements). The appellants estimate the value is $345,635 ($195,635 for the land and $150,000 for the improvements). On the petition form the appellants wrote the following reason for appealing the valuation of their property: "A 1500 sq. ft. garage was previously erected at this location by a local contractor. Permits and details on file with Jeffco. For boat storage a lean -to addition was constructed utilizing salvage steel siding and lumber from prior projects. The remaining old used materials are visible in front of the assessors vehicle. The total footprint for this add -on was 13x50 ft (650 sq. ft.). Total cost of materials was less than $4,000. Including concrete, 8' roll up door and new trim metal. THIS IS NOWHERE CLOSE TO THE $15,740. VALUATION PLACED BY THE ASSESSOR. The added addition is approximately 650 sq. ft. and 8 ft high attaching to the existing structure (lean-to attachment). Materials used were ALL ours and salvaged from prior projects. The salvage steel has a different rib pattern than the 2001 structure. Also, other pattern differences exist beside age and paint BUT unnoticed by the assessor. Since COST is a valid approach for VALUATION and discrepancies are so noticeable why did the assessor NOT ask the question how much did this cost? He took a lazy approach, since the original 1500 sq. ft. structure cost $26,000 then 650 sq. ft. cost %2 the original price. As previously stated the addition cost less than $4,000. Since it was used salvaged materials. Assessor also erred by not depreciating the value of the existing 2001 structure. The IRS allows a 39 year life for metal buildings, so the actual value is less than the $26,000. basis cost. Accordingly, I will accept a value for improvements of $146,120 or less if depreciation is considered." Appraiser Hough informed the Board that the Appellants built a "lean-to" which is actually an enclosed structure with a garage door and cement floor. In his packet of information, Appraiser Hough provided photos of the garage and the "lean-to ". He explained that the garage and the "lean- to" structure is being assessed at $12 per square foot and is receiving a 20% depreciation. He feels that is fair and equitable. Hearing no further testimony, Chairman Gazing closed the hearing. The Board will make a determination at a later date. Member Krist moved to adjourn the meeting until October 27, 2010 at 9:30 a.m. Vice - Chairman Shumaker seconded the motion which carried by a unanimous vote. /// JEFFERSON COUNTY ATT ST: ,� � �� O ARD OF EQUALIZATION Leslie R. Locke, Clerk of the Board Dave ^GGar�ing Ca Sally Shhumaker, Vice - Chairman Henry Krist, Member