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HomeMy WebLinkAboutM012417ok Dave Garing Mike Smith Henry Krist 1820 Jefferson Street P.O. Box 1220 Port Townsend, WA 98368 Dave Caring Henry Krist Michael Smith MINUTES January 24, 2017 Chairman Vice -Chairman Member Chairman Dave Garing called the meeting to order at 9:30 a.m. in the presence of Vice -Chairman Henry Krist and Member Michael Smith. APPROVAL OF MINUTES Vice -Chairman Smith moved to approve the minutes for the 2015 Board of Equalization Season: October 28, 2016. Member Krist seconded the motion which carried by a unanimous vote. ASSESSMENT CORRECTIONS AND PETITION WITHDRAWALS Member Krist moved to accept the following assessment corrections and petition withdrawals. Vice - Chairman Smith seconded the motion which carried by a unanimous vote. NAME Lisa Walsh Wayne Kinberg/Annette Kinberg/Nancy Christensen Cynthia Pollard Robert & Cindy Erickson Living Trust Daniel Matthew McDonough Robert & Dorothy Bogash Paul Moseley Ernest & Martha Lewis Jeffrey & Diane Ellis Benjamin & Janet Lozano Betty & Brian Pech GG GL Rodney & Marion Mash APPEAL NO. PARCEL NO. BOE 16-02-R 995 400 012 BOE 16-03-R 988 200 110 BOE 16-09-R 702 233 007 BOE 16 -10 -LO 989 600 012 BOE 16 -12 -LO 939 601 437 BOE 16-13-R 956 202 006 BOE 16-18-R 990 600 396 BOE 16-22-R 990 200 039 BOE 16-29-R 984 903 601 BOE 16-34-R 948 327 501 BOE 16 -43 -LO 977 400 001 BOE 16 -44 -LO 977 400 030 BOE 16 -45 -LO 934 800 003 Phone (360)385-9100 Fax (360)385-9382 jeftbocc ani co.jefferson.wa.us Board of Equalization Minutes — January 24, 2017 Page: 2 CONSIDERATION OF PETITIONS RECEIVED AFTER FILING DEADLINE The Board reviewed the following requests to waive the filing deadline for appealing the Assessor's 2016 real property valuation determination: NAME PARCEL NO. Gordon Family Trust, Clint Gordon, Trustee 801 016 001 Karl & Sandra Jacobsen 001 321 012 Clint Gordon (Parcel No. 801 016 001) submitted a letter stating that when the change of value notices were mailed out, he was in the process of moving and then went on vacation. The filing deadline had passed by the time he received the change of value notice. Karl Jacobsen (Parcel No. 001 321 012) submitted a letter stating he did not receive his change of value notice in a timely manner. In December, he found several pieces of his mail in a roadside ditch approximately'/4 mile from his home and was unable to meet the 30 day deadline for appealing his valuation. Upon review, the Board determined that both parties showed good cause to waive the filing deadline pursuant to RCW 84.40.038 (2)(e) and WAC 458-14-056 (3)(e). Member Krist moved to accept the requests to waive the 2016 appeal filing deadline as requested. Vice -Chairman Smith seconded the motion which carried by a unanimous vote. ASSESSOR'S CERTIFICATE OF ASSESSMENT ROLLS The Board reviewed the Assessor's Certificate of Assessment Rolls: Real Property: $4,734,614,885 Personal Property: $50,064,070 New Construction: $40,559,598 Vice -Chairman Smith moved to accept the Assessor's Certificate of Assessment Rolls for 2016 in the amounts listed above. Member Krist seconded the motion which carried by a unanimous vote. ASSESSOR'S ANNUAL UPDATE Assessor Jeff Chapman stated that 2016 is the third year of annual assessments. He discussed the Jefferson County valuation schedule explaining that each area of the County will be physically inspected on a rotating basis every six years. One area will be physically inspected each year and the other areas will be statistically updated. See schedule below: Cycle 1 — Port Ludlow (2016 Physical Inspection) Cycle 2 — Tri Area (2017 Physical Inspection) Cycle 3 — Outside Port Townsend City Limits (2018 Physical Inspection) Cycle 4 — Port Townsend (2019 Physical Inspection) Cycle 5 — Brinnon (2020 Physical Inspection) Cycle 6 — Quilcene and West Jefferson County (2021 Physical Inspection) Board of Equalization Minutes — January 24, 2017 Page: 3 Assessor Chapman discussed a State Board of Tax Appeal decision regarding an improved Port Ludlow property that the BOE heard in 2015. In this appeal, the State set aside the Board of Equalization's decision and ordered the land value be reduced from $75,000 to $25,000. Based on that decision, the Assessor's Office substantially reduced the land values and substantially increased the improvement values in Port Ludlow. Discussion ensued regarding the following 2016 increase in values: • Jefferson County Overall: 4.57% • City of Port Townsend: 7.52% • Tri Area/Outside City Limits: 5.32% • Quilcene: .43% • Port Ludlow: 5.37% • Brinnon: .14% Assessor Chapman indicated that commercial properties are a top priority in 2017. He said it is difficult to value commercial property annually. Some types of properties such as mini storages can be categorized and valued as a whole. Discussion ensued regarding workload and meeting deadlines. DETERMINATIONS (2015 BOE Season) Per WAC 458-14-095(4) post hearing deliberations of the Board of Equalization are not recorded. The Board began post hearing deliberations at 11:00 a.m. At the conclusion of the deliberations the Board resumed the regular meeting at 12:00 p.m. and the following actions were taken. Lexington Investments, LLC BOE: 15-34-R PN: 989 704 206 Shaun Novinbakht 15 -35 -LO 989 704 203 9454 Wilshire Blvd. Ste. PH1 Beverly Hills, CA 90212 The property was valued as of January 1, 2015. Following is the current assessment and the appellant's estimate of value for the parcels under appeal: Parcel No. Current Assessed Value Appellants' Estimate of Value 989 704 206 $1,270,690 ($691,750 Land & $578,940 Imp) $580,000 ($300,000 Land & $280,000 Imp) 989 704 203 $605,340 (Land Only) $200,000 (Land Only) 15-34-R (989 704 206) Under appeal is an improved parcel located off of Water Street in Port Townsend. The appellant did not appear at the hearing, however, he stated in his petition that his company purchased the parcel on November 16, 2015, together with the adjoining parking lot parcel, Parcel No. 989 704 203, for a total purchase price of $560,000. The appellant did not present comparable sales as evidence to support his purchase price. Board of Equalization Minutes —January 24, 2017 Page: 4 During the hearing the Assessor's representative stated that the appellant's property consists of a 10,157 square foot, two story bank building built in 1974 and is located on .28 acres. It was formerly occupied by the Bank of America and is now leased to First Security Bank. He presented a number of comparable commercial property sales located in Port Townsend as well as commercial cost sheets to support the value established by the Assessor's Office. After consideration of all the testimony and- evidence, the Board concurred that the appellant did not present clear, cogent, and convincing evidence necessary to overcome the presumptive correctness of the value established by the Assessor. Vice -Chairman Smith moved to sustain the Assessor's valuation of $1,270,690 ($691,750 for the Land and $578,940 for the improvements). Member Krist seconded the motion which carried by a unanimous vote. (See also minutes of October 28, 2016) 15 -35 -LO (989 704 203) Under appeal is an unimproved parcel located off of Washington Street in Port Townsend. The appellant did not appear at the hearing, however, he stated in his petition that his company purchased the parcel on November 16, 2015, together with the adjoining bank building parcel, Parcel Number 989 704 206, for a total purchase price of $560,000. During the hearing the Assessor's representative stated that, based on the methodology used by the Assessor's office to value bank parking lots in Port Townsend, he recommended reducing the land value from $605,340 to $384,244. After consideration of all testimony and evidence, Member Krist moved to overrule the Assessor's determination of value and reduce it from $605,340 to $384,244. Vice -Chairman Smith seconded the motion which carried by a unanimous vote. (See also minutes of October 28, 2016) ADJOURNMENT Member Krist moved to adjourn the meeting at 12:07 p.m. Vice -Chairman Smith seconded the motion which carried by a unanimous vote. ATTEST:' lie R. �cke Clerk of the Board JEFFERSON COUNTY BOARD OF EQUALIZATION Dave l � Smith, Vice -Cha' an Henry Krist, Member