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HomeMy WebLinkAbout18-09-R Stanley & Sigrid CummingsJefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: BOE 18-09-R Taxpayer's Name: Stanley & Sigrid Cummings Mailing Address: 23 Pinewood Court City: Port Townsend State: WA Taxpayer's Parcel No: 965 000 370 Hearing Was Held On: March 21, 2019 Board Members Present: Dave Garing, Henry Krist, Michael Smith Decision of Board: Value Sustained: Value Changed From Other: Recorded on Tape No: Hea ^ ng Began at (time) --rr----T-- n (or $455,402.00 BOE 032119 10:48 a.m. Zip Code: 98368 To: $422.595.00 Ended at (time): 11:27 a.m. Date To ask about the availability of this publication in an alternate format for the visually impaired, please call (360) 705-6715. Teletype (TTI) users, please call (360) 705-6718. For tax assistance, call (360) 534-1400. REV 60 0002e (w) (2/9/12) Property Owner: Parcel Number(s): ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Stanley & Sigrid Cummings 965000370 Assessment Year: 2018 Case Number: Date(s) of Hearing: 3/21/2019 BOE 18-09-R Having considered the evidence presented by the parties in this appeal, the board hereby F—] Sustains a Overrules the determination of the Assessor. Assessor's Determination ❑X Land $76,000 aImprovements $379,402 ❑ Timber/Minerals F]Personal Property Total $455,402 This decision is based on our finding that: Dated this 10 day of May, 2019. Dave Garing, irm BOE Determination: ❑X Land I X Improvements Timber/Minerals F]Personal Property (See Attached) NOTICE $76,000 $346,595 Total $422,595 Mailed:21z116 Leslie Locke, Executive Assistant is order can be appealed to the State Board of Tax Appeals by filing a notice of appeal with them at P.O. Box 40915, ympia, WA 98504-0915, or at their website at bta.state.wa.us/appeal/forms.htm within thirty days of the date of iling of this order. The appeal forms are available from either your County Assessor or the State Board of Tax Appeals. To ask about the availability of this publication in an alternate format for the visually impaired call 1-800-647-7706. Teletype (TTY) users use the Washington Relay Service by calling 711. Distribution: FORM REV 64 0058 (5/25/2017) * Assessor * Petitioner * BOE File ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Stanley and Sigrid Cummings Appeal No.: BOE 18-09-R Parcel No.: 965 000 370 Issue: Under appeal is the value of a residential property in Kala Point located at 23 Pinewood Court, Port Townsend. The appellants estimate the value to be $422,000 ($70,000 for the land and $352,000 for the improvements). The Assessor's valuation of the property as of January 1, 2018 is $455,402 ($76,000 for the land and $379,402 for the improvements). Appellant's Arguments and Evidence: The appellants attended the hearing and presented a list of ten non -view homes recently sold in Kala Point. The sale prices ranged from $280,000 to $615,000 with square footage ranging from 1,556' to 2,790'. The appellants calculate the average sale price to be $401,400 and an average of 1,905 square feet. Since the appellants' property does not have a view and only includes 2 bedrooms and two baths, the appellants believe comparable sales should be more heavily weighted towards non -view homes with two bedrooms and two baths. They testified that their lot is larger than average but assert the bonus room above the garage should not be valued at the same rate as the main living areas since it does not have plumbing, only has space heating, and cannot be accessed from inside the home. They also testified they do not have a heat pump as listed on the Assessor's field sheet. Assessor's Arguments and Evidence: The Assessor's representative presented a spreadsheet comparing 12 recent residential sales in Kala Point ranging in price from $280,000 to $615,000, an aerial map showing their location, and the appraisal worksheets for the subject and all comparable sales. Both parties agree that many of the homes on the appraiser's spreadsheet are not comparable leaving #2, #8, #9, #10, #I A, & #2A. The Assessor's representative initially believed the heat pump did not impact the total valuation of the appellants' improvements, but subsequently realized it had been assigned a value of $7,104 that should not have been included. Decision: The Board of Equalization has deducted the $7,104 value of the heat pump from the Assessor's determination of value and agrees with the appellant's assertion that additional bedrooms and baths can add market value. The Board also believes that the 660 square foot bonus room above the garage should not be valued at the same square foot price as the main living quarters and has deducted the value by $25,703 from the original valuation of $87,743 as listed on the appraiser's field sheet. The Board of Equalization overrules the Assessor's original determination of value of $455,402 ($76,000 for the land and $379,402 for the improvements) and finds that a preponderance of the evidence supports a true and fair market value of $422,595 ($76,000 for the land and $346,595 for the improvements).