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HomeMy WebLinkAboutM102011• ok Dave Garing Henry Krist Michael Smith 1820 Jefferson Street P.O. Box 1220 Port Townsend, WA 98368 Dave Gart" Henry Krist MINUTES October 20, 2011 Miehael Smith Chairman Vice - Chairman Member Chairman Dave Gating called the meeting to order at 9:00 a.m. in the presence of Vice - Chairman Henry Krist and Member Michael Smith. REQUEST TO RECONVENE The Clerk of the Board stated that the request to reconvene the 2011 Board of Equalization from John W. Wood will be postponed until further information can be obtained. ASSESSMENT CORRECTIONS AND PETITION WITHDRAWALS Vice - Chairman Krist moved to accept the following assessment corrections and petition withdrawals. Member Smith seconded the motion which carried by a unanimous vote. APPELLANT Kali Tai Medical Investors, LLC Lynn Sorenson, Trustee Shirley Metz L{ )> RG Woodman & Brian Dempsey Stephen Nielsen APPEAL NO. BOE 11 -23 -R BOE 11 -30 -R BOE 11 -35 -LO BOE 11 -36 -LO BOE 11 -43 -R BOE 11 -49 -R PARCEL NO. 949 817 101 990 600 331 921 063 015 921 063 016 721 173 006 721 174 030 Phone (360)385 -9100 Fax (360)385 -9382 jeftboca(i)co.jefferson.wa.us Board of Equalization Minutes - October 20, 2011 Page: 2 HEARINGS Wayne Bibbins BOE: 11 -17 -LO PN: 948 308 403 P.O. Box 1941 11 -18 -LO 948 308 406 Port Townsend, WA 98368 Wayne Bibbins was not present. Appraiser Dennis Pownall represented the Assessor's Office and was sworn in by Chairman Gating. Under appeal is the land value of two parcels of property located at Cleveland and 18' Street, Port Townsend. Following is the current assessment and the Appellant's estimate of value for the parcels under appeal: Parcel No. Current Assessed Value Appellant's Estimate of Value 948 308 403 $70,000 (Land Only) $35,000 948 308 406 $70,000 (Land Only) $35,000 On the petition form the Appellant wrote the following reason for appealing the valuation of his property: "A professional appraisal was conducted on parcel of exact same size and location. All comparables sold in $30,000 to $35,000 range (4). Assessor's valuation is too high, based on: appraisal in April 2011 came out at $35,000. That is the basis." Appraiser Pownall informed the Board that he visited the subject property and provided a picture of a `for sale' sign that indicates that both parcels are listed for $64,000 and $65,000. The Iisting states that the properties have utilities (power, water, sewer). The Appellant purchased the parcels as one lot for $61,500. He then divided the lot into two parcels and sold one lot in March, 2010 for $80,000 which has since been repossessed by the Appellant. The Appellant is trying to sell these parcels for $64,000 and $65,000, however the Appellant's estimate of value is $35,000 for each parcel. The Assessor's office has placed a value of $70,000 on each parcel. The Appellant's comparable sales occurred after the assessment date of January 1, 2009. Hearing no further testimony, Chairman Garing closed the hearing. The Board will make a determination at a later date. George & Jane Ansley BOE: 11 -29 -LO PN: 021321 040 Ansley Living Trust 373 20'h Street Port Townsend, WA 98368 George and Jane Ansley were present. Appraiser John Pray represented the Assessor's Office. After explaining the hearing process Chairman Gating swore in both parties. Under appeal is the land value of Board of Equalization Minutes - October 20, 2011 Page: 3 property located at 1391 Griffith Point Road on Marrowstone Island. Currently, the property is assessed at $215,700. The Appellants estimate the value is $175,000. The Appellants informed the Board that they don't agree with the old value ($194,450) or the new value. They purchased the property in 1973 with the intention to moor a boat and use for camping. On the property currently, is an old trailer and a structure the Appellants built to be used for camping. If they had to sell the property right now, they would ask $50,000 for the vacant lot. Chairman Garing stated that on the Appellant's appeal form they indicated that the value was $175,000. He then asked the Appellants if they wanted to revise their estimate of value to $50,000? They replied, yes they would. The Appellants checked with their neighbors and found out that their value was the only one that increased. With no current sales in the area they don't know how the Assessor's office came to that value. They do not have access to the beach from their property; they use a neighbors access. The beach in front of their property consists of mud flats. They have an oyster bed, but they have to purchase and plant them which makes for pretty expensive oysters. Appraiser Pray provided three comparable sales. #I sold in October 2010 for $765,000. It consists of 85 front feet of waterfront (same as Appellant's property). All 3 comparable sales were assessed the same waterfront foot rate as the Appellant's property. #2 sold for $500,000 in August, 2011 (after the assessment rolls were closed) and it was valued at $495,255. #3 (land only) sold in November, 2009 for $354,000. It consists of 150 front feet of waterfront. An improvement value ($10,000) for utilities was added for a total assessed value of $349,250. He also said that the Appellant's value increased, however the waterfront rate decreased. In 2007 most vacant parcels were given a reduction for no available water source that could potentially make them unbuildable. Now that there is water available on Marrowstone Island that reduction was removed which increased the value. The Appellants submitted, with Appraiser Pray's permission, a photo taken of the property from the road showing the beach. There was discussion regarding the installation of a water source. The Appellants have paid the fee to get water, but are not hooked up yet. Member Smith asked if all waterfront properties located in Mystery Bay have the same waterfront foot rate? Appraiser Pray responded that most of the waterfront properties have the same rate. However, some were given a reduction for mud flats and lack of view. There was discussion about the type of topography needed to grow oysters. The Appellants said their beach is more muddy than it is rocky, but they are able to grow oysters. Hearing no further testimony, Chairman Garing closed the hearing. The Board will make a determination at a later date. Board of Equalization Minutes - October 20, 2011 Page: 4 Member Smith moved to adjourn the meeting until the next scheduled meeting. Vice - Chairman Krist seconded the motion which carried by a unanimous vote. X sR. Locke, Cle�rk�of�the Board JEFFERSON COUNTY BOARD OF EQUALIZATION Dave Garing C airmano Henry Krist, Vice - Chairman Mi �SmiMember