HomeMy WebLinkAbout18-26-R Karl & Sandra JacobsenJefferson County Board of Equalization
Board Clerk's Record of Hearing
Petition No: BOE 18-26-R
Taxpayer's Name: Karl & Sandra Jacobsen
Mailing Address: 4372 S. Discovery Road
City: Port Townsend State: WA Zip Code: 98368
Taxpayer's Parcel No: 001 321 012
Hearing Was Held On: May 29, 2019
Board Members Present: Dave Garing, Henry Krist, Daryl Gillette
Decision of Board:
Value Sustained: $885,235.00
Value Changed From:
Other:
Recorded on Tape No: BOE 052919
Hearing Began at (time): 10:17 a.m.
ChairpersonTor Authbrizbd'Designee)
To:
Ended at (time): 11:08 a.m.
12)
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REV 60 0002e (w) (2/9/12)
Property Owner:
Parcel Number(s)
ORDER OF THE JEFFERSON COUNTY
BOARD OF EQUALIZATION
Karl and Sandra Jacobsen
001 321 012
Assessment Year: 2018
Date(s) of Hearing: 5/29/2019
Case Number: BOE 18-26-R
Having considered the evidence presented by the parties in this appeal, the board hereby X❑ Sustains FlOverrules
the determination of the Assessor.
Assessor's Determination
❑X Land
❑X Improvements
Timber/Minerals
❑ Personal Property
Total
BOE Determination:
$303,080 FX Land
$582,155 FX Improvements
FITimber/Minerals
F]Personal Property
$885,235
Total
This decision is based on our finding that: (See Attached)
Dated this Z( day of August, 2019. Mail
Dave Gariryg, air "itianron, xecutive Assistant
NOTICE
$303,080
$582,155
$885,235
:pis order can be appealed to the State Board of Tax Appeals by filing a notice of appeal with them at P.O. Box 40915,
lympia, WA 98504-0915, or at their website at bta.state.wa.us/appeal/forms.htm within thirty days of the date of
ailing of this order. The appeal forms are available from either your County Assessor or the State Board of Tax Appeals.
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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
Karl & Sandra Jacobsen
Appeal No.: BOE 18-26-R
Parcel No.: 001321 012
Issue: Under appeal is a single family residence at 4732 Discovery Road in Port Townsend. The house is
located on .70 acres with 115 feet of waterfront and has an area of 2,874 s/f with a basement of the same
size and an attached garage of 749 s/f. The property has an old outbuilding and stairs to the beach. The
appellants estimate the value to be $750.000 ($255,000 for the land and $495,000 for the improvements).
The Assessor's valuation of the property as of January 1, 2018 was $885,235 ($303,080 for the land and
$582,155 for the improvements).
Appellant's Argument and Evidence: The appellants stated in their petition that (1) the property has
been overvalued for several years (2) valuation has increased faster than the area market values; and (3)
housing market values are now declining but did not offer any documentary evidence of support for these
assertions. The Appellants did not identify any comparable property sales and the testimony focused only
on the negative adjustments that should be deducted from their property when the compared to the
Assessor's comparable sales (many of which were minor i.e. garden sheds, landscaping, paved driveway,
high bank vs medium high bank).
Assessor's Argument and Evidence: The Assessor's representative presented three comparable sales of
waterfront property in Port Townsend. They ranged in value from $556,063 to $830,475 with lot size
from 2.80 acres to 5.01 and waterfront from 100 to 215 feet. Comparable #I was valued within less than
1% of the subject and comparable #2 was valued within 2% of the subject. The most weight should be
given to comparable #2 since it is located closest to the subject in the desirable Adelma Beach area.
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 appellants 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.