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HomeMy WebLinkAbout18-28-C Craig DurganJefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: BOE 18-28-C Taxpayer's Name: Craig Durgan; Craig Durgan Living Trust, Trustee Mailing Address: PO Box 1328 City: Port Hadlock State: WA Taxpayer's Parcel No: Hearing Was Held On: Board Members Present Decision of Board: 901 114 008 May 29, 2019 Dave Garing, Henry Krist, Daryl Gillette Value Sustained: $807,898.00 Value Changed From: Other: To: Zip Code: 98339 Recorded on Tape No: BOE 052919 Hearing Began at (time): 12:10 p.m. Ended at (time): 12:44 p.m. x U Ch"e e n Authori d Designee) 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) ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Property Owner: Craig Durgan Parcel Number(s): 901 114 008 Assessment Year: 2018 Case Number: BOE 18-28-C Date(s) of Hearing: 5/29/2019 Having considered the evidence presented by the parties in this appeal, the board hereby IRI Sustains F—] Overrules the determination of the Assessor. Assessor's Determination 0 Land $175,440 Improvements $632,458 F]Timber/Minerals F]Personal Property Total $807,898 This decision is based on our finding that: Dated this 4day of August, 2019. Dave Garing, ha'rman F BOE Determination: Land OImprovements FITimber/Minerals F]Personal Property (See Attached) NOTICE Total Mail d: 1 �� Ju ' hanno , Executive Assistant $175,440 $632,458 $807,898 lis 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. 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 Craig Durgan Appeal No.: BOE 18-28-C Parcel No.: 901 114 008 Issue: Under appeal is the value of commercial property located at 1113 Chimacum Road, Port Hadlock. The appellant estimates the value to be $655,061 ($175,440 for the land and $479,621 for the improvements). The Assessor's valuation of the property as of January 1, 2018 was $807,898 ($175,440 for the land and $632,458 for the improvements). Appellant's Argument and Evidence: The appellant testified that the cost of construction was far below the assessed value. The appellant did not provide any comparable sales data to support his valuation. He stated that it was his belief that the Assessor's representative was incorrectly using a square foot valuation from a computer program put out by Marshall and Swift. He also stressed the difference between his "expansion" process as compared to more of a "turnkey" process in the building of the RV Enclosed Storage facility. Assessor's Argument and Evidence The Assessor's representative supplied building permits, field worksheets for all structures, sketches and photographs, Marshall and Swift Calculation Reports, cost reports previously supplied by the appellant, and Mako Steel's "Cost to Build" estimates from their website stating typical costs for a single story self -storage typically ranges from $25 to $40 per square foot not including the land or site improvements. He defended the use of the Marshall and Swift valuation software. He also made a compelling argument as to why cost of construction was not a good indicator of "Fair Market Value". 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.