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HomeMy WebLinkAboutM110713ok Dave Garing Henry Krist Mike Smith 1820 Jefferson Street P.O. Box 1220 Port Townsend, WA 98368 Dave Garing MINUTES November 7, 2013 Henry Krist Michael Smith Chairman Vice- Chairman Member Chairman Dave Gazing called the meeting to order at 9:30 a.m. in the presence of Vice - Chairman Henry Krist. Member Michael Smith was absent. REQUEST TO RECONVENE A "Request to Reconvene" was received by the Board of Equalization for the 2013 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 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. Vice - Chairman Krist moved to reconvene the 2013 Board of Equalization for the following taxpayer appeal that was timely filed: APPELLANT Ron Riggle PARCEL NO. 994 200 049 Chairman Garing seconded the motion. The motion carried. Phone (360)385 -9100 Fax (360)385 -9382 jeffbocc@co.jefferson.wa.us Board of Equalization Minutes — November 7, 2013 Page: 2 HEARINGS Griffin Myers & Laura Prendergaust BOE: 13 -29 -LO PN: 968 100 312 P.O. Box 1634 Port Townsend, WA 98368 Griffin Myers and Laura Prendergaust were present. Appraiser Charley Hough represented the Assessor's office. After explaining the hearing process Chairman Garing swore in both parties. Under appeal is vacant land located off of Umatilla Avenue, Port Townsend. Currently, the property is assessed at $48,000. The appellants estimate the value to be $33,000. After a long search to find the right property, the appellants feel they were knowledgeable in purchasing their property. It was an anus- length transaction and they feel the purchase price of $33,000 is the current market value. Appraiser Hough stated that there was a recent sale of property located across the street from the appellants' property consisting of 1.5 lots that sold for the assessed value of $90,000. With the permission of the appellants he provided a copy of the field sheet and the affidavit for the Board's information. The appellants' property was listed for sale at $32,000 and ultimately sold for $33,000. The appellants' property is a 100 x 50 bare land lot. Taking into account its small size and required setbacks which would leave an even smaller building footprint, he recommends a 30% reduction for a total value of $33,600. The appellants explained that they made an offer on another property, only to be out bid. They wanted to avoid that situation again and offered more than the asking price for this property. Hearing no further testimony, Chairman Garing closed the hearing. The Board will make a determination at a later date. Motorline, LLC BOE: 13 -31 -R PN: 948 323 011 705 Rainier Lane 13 -32 -R 948 323 012 Port Ludlow, WA 98365 13 -33 -R 948 323 013 13 -34 -LO 948 323 016 13 -35 -LO 948 323 017 No representative from Motorline, LLC was present. Appraiser Charley Hough represented the Assessor's Office and was sworn in. Under appeal are three improved parcels and two unimproved parcels located off of Thomas Street, Port Townsend. Board of Equalization Minutes — November 7, 2013 Page: 3 Following is the current assessment and the appellant's estimate of value for the parcels under appeal: Parcel No. 948 323 011 948 323 012 948 323 013 948 323 016 948 323 017 Current Assessed Value $220,510 ($54,200 land & $166,310 Imps.) $217,630 ($51,600 land & $166,030 Imps.) $217,105 ($51,600 land & $165,505 Imps.) $29,120 (Land Only) $29,120 (Land Only) Appellant's Estimate of Value $20,000 land & $166,310 Imps. $20,000 land & $166,030 Imps. $20,000 land & $165,505 Imps. $20,000 (Land Only) $20,000 (Land Only) On each of the five petition forms the appellant wrote the following reason for appealing the valuation: "Current market conditions suggest that the land value is less than assessed value. BOE 13 -31 -R (948 323 011) Appraiser Hough presented a tax parcel map of the immediate area, a copy of the appraisal worksheet showing a 15% reduction for size, a list of all property sales that occurred in the City of Port Townsend from July 2012 to June 2013, and the Assessor's Report Card for the City of Port Townsend sales that occurred after the closing of the roles from July 2013 to mid - September 2013. He also discussed three comparable property sales that sold for more than the assessed value: 1) Property valued at $176,815 which sold on September 3, 2013 for $215,000; 2) Property valued at $134,105 which sold on September 24, 2013 for $137,750; and 3) Property valued at $164,825 which sold on October 9, 2013 for $192,000. Although, these sales occurred after the assessment date of January 1, 2013, he provided them to show properties are selling for more than the assessed value. BOE 13 -32 -R (948 323 012) Appraiser Hough provided the same evidence he provided for appeal BOE 13 -31 -R. The appellants parcel received a 20% reduction for size. BOE 13 -33 -R (948 323 013) Appraiser Hough provided the same evidence he provided for appeal BOE 13 -31 -R. The appellant's property received a 20% reduction for size. BOE 13 -34 -LO (948 323 016) Appraiser Hough presented a tax parcel map of the immediate area, a copy of the appraisal worksheet, a list of all property sales that occurred in the City of Port Townsend from July 2012 to June 2013, and the Assessor's Report Card for the City of Port Townsend sales that occurred after the closing of the roles from July 2013 to mid - September 2013. The appellant's property is valued at a base rate of $52,000 and was given a 30% reduction for the cost to develop and an additional 20% reduction for size. Board of Equalization Minutes — November 7, 2013 Page: 4 BOE 13 -35 -LO (948 323 017) Appraiser Hough provided the same evidence he provided for appeal BOE 13- 34 -LO. The appellant's property is valued at a base rate of $52,000 and was given a 30% reduction for the cost to develop and an additional 20% reduction for size. Hearing no further testimony, Chairman Garing closed the hearing. The Board will make a determination at a later date. Vice - Chairman Krist moved to adjourn the meeting at 10:45 a.m. Chairman Gating seconded the motion. The motion carried. ATT slie R. Locke. Clerk of the Board JEFFERSON COUNTY BOARD OF EQUALIZATION Dave GarinC rairn tf Henry Krist, Vice - Chairman (Excused Absence) Michael Smith, Member