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HomeMy WebLinkAbout18-13-LO Roman BrodersJefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: 18 -13 -LO Taxpayer's Name: Ramon Broders Mailing Address: 5571 Old Gardiner Road City: Port Townsend State: WA Zip Code: 98368 Taxpayer's Parcel No: 964 504 901 Hearing Was Held On: March 22, 2019 Board Members Present: Dave Garing, Henry Krist, Michael Smith Decision of Board: Value Sustained: $18,200.00 Value Changed From: Other: Recorded on Tape No: Hearing Began at (time) BOE 032219 10:06 a.m. C�" (or A ri d Designee) To: Ended at (time): 10:57 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 (TTY) 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 Roman Broders 964 504 901 Assessment Year: 2018 Case Number: Date(s) of Hearing: 3/22/2019 BOE 18 -13 -LO Having considered the evidence presented by the parties in this appeal, the board hereby X❑ Sustains ❑ Overrules the determination of the Assessor. Assessor's Determination BOE Determination: FX Land $18,200 FX Land $18,200 FlImprovements F] Improvements Timber/Minerals F] Timber/Minerals F]Personal Property F] Personal Property Total $18,200 Total $18,200 This decision is based on our finding that: (See Attached) Dated this 1 &1�-day of May, 2019. A Dave Garin , C irm NOTICE Maile "Leslie Locke, Exe utive 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, (mpia, 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 Roman Broders Appeal No.: BOE 18 -13 -LO Parcel No.: 964 504 901 Issue: Under appeal is 130' of vacant waterfront property on .44 acres along Discovery Bay. The appellant's estimate of value is $379,830. The Assessor's determination of value as of January 1, 2018 is $18,200 for the land only. The Board recognizes the appellant did not intend to make his estimate of value greater than the assessed valuation and understands the forms can be confusing when submitting multiple appeals as in the case of the appellant. Appellant's Arguments and Evidence: The appellant did not present any comparable sales but did offer an appraisal completed by Ralph Ericksen of Consultant's NW, copies of a recent survey, and offered testimony asserting the parcel is not buildable due to its small size and likely is not buildable due to shoreline restrictions. Mr. Ericksen valued the parcel at $4,500 in 2011 but no evidence was presented to suggest this value remained static during the subsequent years. Assessor's Arguments and Evidence: The Assessor's representative presented three sales that he identified as comparable, a tax parcel map showing the location of the sales, an aerial photograph of the subject, a copy of the appraisal worksheet for the subject, and the appraisal worksheets from the comparable sales. All three sales are waterfront on Discovery Bay and sold in May of 2016, December of 2017, and September of 2018. All three sales were in excess of 100 waterfront feet and ranged in price from $280,000 to $600,000. Although the subject does not include a residence and is most likely not buildable, the land value of these sales less the value of improvements help establish a fair market waterfront rate of $1400 per front foot from which the Assessor applied a negative adjustment of 90% to the subject due to lack of utility. Summary and Conclusion: The appellant asserts the appraisal completed by Mr. Ralph Ericksen in 2011 remains valid for the 2018 assessment year but provided no sales evidence to support this presumption. Mr. Eriksen also wrote the subject did have value as waterfront access, could possibly protect view, and could be used for area calculation if combined with other property. The Board recognizes that the subject does not include a residence and is most likely not buildable but the land value of the Assessor's comparable sales, less the value of improvements, help establish a fair market waterfront rate of $1400 per front foot. The Assessor then applied a negative adjustment of 90% to the subject due to lack of utility. Decision: The law requires that the Board of Equalization presume the Assessor's valuation to be correct unless the appellant presents clear, cogent and convincing evidence to the contrary. After consideration the Board finds that the appellant did not present clear, cogent, and convincing evidence necessary to overcome the presumptive correctness of the value established by the Assessor. The Board of Equalization sustains the value established by the Assessor.