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HomeMy WebLinkAbout18-31-R William & Nancy ZingheimTaxpayer's Name: Mailing Address: City: Port Ludlow Jefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: BOE 18-31-R William & Nancy Zingheim; Bert Loomis, Representative 6281 Oak Bay Road State: WA Taxpayer's Parcel No: 921 324 014 Hearing Was Held On: May 29, 2019 Board Members Present: Dave Garing, Henry Krist, Daryl Gillette Decision of Board: Value Sustained: Value Changed From Other: Recorded on Tape No: Hearing Began at (time) c Chairperrton (or $304,146.00 BOE 052919 11:30 a.m. Zip Code: 98365 To: $282,096.00 Ended at (time): 12:05 p.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) ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Property Owner: William and Nancy Zingheim Parcel Number(s): 921 324 014 Assessment Year: 2018 Date(s) of Hearing: 5/29/2019 Case Number: BOE 18-31-R Having considered the evidence presented by the parties in this appeal, the board hereby ❑ Sustains[R] Overrules the determination of the Assessor. Assessor's Determination ❑X Land FX Improvements Timber/Minerals F]Personal Property BOE Determination: $211,428 F -' Land $92,718 7X Improvements 7 Timber/Minerals 7 Personal Property Total $304,146 Total This decision is based on our finding that: (See Attached) Dated this 21 litday of August , 2019. Mailed: Sr / A Dave Garin h 'rmanl li Shanno xecutive Assistant $189,378 $92,718 X282.096 NOTICE This order can be appealed to the State Board of Tax Appeals by filing a notice of appeal with them at P.O. Box 40915, Olympia, WA 98504-0915, or at their website at bta.state.wa.us/appeal/forms.htm within thirty days of the date of mailing 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: * Assessor * Petitioner * BOE File FORM REV 64 0058 (5/25/2017) ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION William and Nancy Zingheim Appeal No.: BOE 18-31-R Parcel No.: 921 324 014 Issue: Under appeal is the land and improvement value of a residential property on waterfront acreage located at 6281 Oak Bay Road, Port Ludlow. The subject includes 1,503 sq.' mobile home, a 1,026 sq' garage/shop, and 4.64 acres with 214' of waterfront on Mats Mats Bay. The appellants estimate the value to be $229,503 ($145,214 for the land and $84,289 for the improvements). The Assessor's valuation of the property as of January 1, 2018 was $304,146 ($211,428 for the land and $92,718 for the improvements). Appellant's Argument and Evidence: The Appellants were not able to attend but sent a representative to present their position to the Board. He presented maps, photographs, and testimony asserting that 100% the subject property continues to be undevelopable as a result of multiple overlapping 150' county setbacks restricting. Consequently the subject does not have the comparable value of similar homes on waterfront acreage. The appellants have previously testified (BOE 16-16-R), the county legally permitted the home, shop, and septic field but then subsequently designated all of those same structures to be non -conforming, significantly limiting the ability to move, alter, expand, or construct improvements. Additionally, since the appellants purchased the property in 1994, state and county regulations have been established that impose significant restrictions on the current use, future improvements, and limited potential of the entire unimproved property. When the appellants attempted to refinance their home using a reverse mortgage they were denied by the lender because of "numerous overlapping setbacks". Additionally when they inquired about obtaining a building permit they were told "no building permit would be issued, except for a highly restricted one which could possibly be issued if the home was burnt to the ground". The Appellant outlined these restrictions as: 1. The Shoreline Management Plan implemented a 150' setback from the shoreline (approximately 16% of the subject property). 2. In addition to the shoreline setbacks, the county determined the property between the home and the shoreline to be a wetland. This designation combined with wetland setback requirements expanded the perimeter of the buffer zone to include the home and shop, producing restrictions covering approximately 60% of the property. 3. As a result of the wetland designation mentioned above, the county declared the subject's home, shop, and septic field to be "non -conforming" improvements. The Appellant was told by county officials that they would not issue him a permit for an addition to his home and that his ability to obtain county permits for future alterations or improvements would be unlikely. 4. Furthermore, the owner of the subject property is required to comply with 150' setbacks on either side of the full-time stream (Piddling Creek) that runs down through the length of the property effectively prohibiting future improvements (buildings, gardens, fences, landscaping, clearing etc.) on almost all of the remaining uplands. Assessor's Argument and Evidence: The Assessor's representative presented four sales identified as comparable to the subject, a tax parcel map showing the location of the comparable sales, a copy of the appraisal worksheet for the subject with photographs, and the appraisal worksheets for the comparable sales. Comparable #1 is a .74 acre parcel with a 2,000 sq. ft. (750sq.' unfinished) Pan -Abode style home with shed and 108' of waterfront on Marrowstone Island that sold in May 2017 for $470,000. Comparable #2 is a .25 acre parcel near Oak Bay with an updated 1,951 sq. ft. manufactured home with 540 sq.' attached garage that sold in April 2018 for $360,000. Comparable #3 is a 4.5 acre parcel on Marrowstone Island with a 1,774 sq. ft. mobile home with garage and 1,080 sq.' shop that sold in Oct. 2018 for $390,500. Comparable #34 is a 1.59 acre parcel with a 1,926 sq. ft. mobile home, 625 sq.' garage, and 225' of waterfront on Mats Mats Bay that sold in Oct. 2018 for $390,500. The Assessor's representative explained that he valued the subject property by the local waterfront foot multiplier ($2,100 per waterfront foot) and gave it a negative 50 % adjustment (35% adjustment for a mudflats and 15% for site quality). Decision: The Board of Equalization overrules the Assessor's original determination of value and finds that clear, cogent, and convincing evidence supports a true and fair market value of $282,096 ($189,378 for the land and $92,718) for the improvements.