HomeMy WebLinkAbout19-22-C David & Nancy PitkethlyJefferson County Board of Equalization
Board Clerk's Record of Hearing
Petition No: BOE 19-22-C
Taxpayer's Name: David & Nanci Pitkethly
Mailing Address: 819 Washington Street
City: Port Townsend State: WA. Zip Code: 98368
Taxpayer's Parcel No: 989 704 110
Hearing Was Held On: Tuesday, March 10, 2020
Board Members Present: Dave Garing, Daryl Gillette & Margaret Taylor
Decision of Board:
Value Sustained: $803,123.00
Value Changed From: To:
Other: A determination will be made at a later date
Recorded on Tape No: BOE 031020
Hearing Began at (time): 9:31 a.m. Ended at (time): 10:17 a.m.
Chairperson (or Authorized Designee)
Date
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REV 60 0002e (w) (2/9/12)
Property Owner:
Parcel Number(s)
ORDER OF THE JEFFERSON COUNTY
BOARD OF EQUALIZATION
David and Nancy Pitkethly
989 704 110
Assessment Year: 2019 Case Number: BOE 19-22-C
Date(s) of Hearing: 3/10/2020
Having considered the evidence presented by the parties in this appeal, the board hereby 0 Sustains E] Overrules
the determination of the Assessor.
Assessor's Determination
0 Land
FX Improvements
OTimber/Minerals
Personal Property
Total
$85,100
$718,023
$803,123
This decision is based on our finding that:
Dated thisday April, 2020
Dave Garing hai an
BOE Determination:
FRILand
FRIlmprovements
Timber/Minerals
F]Personal Property
(See Attached)
NOTICE
$85,100
$718,023
Total $803,123
Maile • `��oJa�%
Ju to Shannon, txecufive Assistant
order can be appealed to the State Board of Tax Appeals by filing a notice of appeal with them at P.O. Box 40915,
ipia, WA 98504-0915, or at their website at bta.state.wa.us/appeal/forms.htm within thirty days of the date of
ng 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
Appellant: David and Nancy Pitkethly
Appeal No.: BOE 19-22-C
Parcel No.: 989 704110
Issue: Under appeal is the value of a 3 story brick building at 819 Washington Street in Port Townsend
on a lot size of .0278 acres. The appellants estimate of true and fair value is $401,514 ($85,100 for the
land and $316,414 for improvements/buildings). The Assessor's valuation of the property as of January
1, 2019 is $803,123 ($85,100 for the land and $718,023 for the improvements).
Appellant's Argument and Evidence: The appellants made a thoughtful and organized argument as to
the inequities of the Assessor's application of land use codes. The appellants' evidence was a spreadsheet
listing of three story, brick, downtown commercial properties. The appellants' argument and evidence
centered on a comparison of assessed value per square foot. The appellants averaged the square feet
assessment of all properties they found to be similar. This average yielded a price of $97 per square foot.
They also assert that residential financing is not available to the subject, the lower level is not habitable
space, has no street frontage, has no interior partition walls, earthquake insurance is $11,283 per year,
and has similar maintenance requirements to the comparable properties. They also state the Assessor's
square feet calculation of 2,916 square foot is incorrect and was 2,880 square foot until a 192 square foot
roof -top viewing deck was constructed bringing the total to 3,072 square foot.
Assessor's Argument and Evidence: The Assessor's representative provided a copy of the appraisal
worksheet, photos and a sales flyer, the Marshall and Swift Commercial calculation sheet of subject
property, and a copy of the Real Estate Excise Tax Affidavit dated December 2, 2016, with the sale price
of $825, 000. He testified that although the building was built in 1888, many recent improvements have
been made to the building and it is primarily a single family residence with commercial space on the
ground floor.
Decision: The appellants purchased the subject in an arm's length transaction for $825,000 in 2016, but
their petition estimates the true and fair market value of the subject to be $401,514 as of January 1, 2019.
They acknowledge they would not sell the subject for the estimate of fair market value claimed on their
petition. The appellants' presentation focused on the assessed value of similar properties and not actual
market sales. They believe the subject should be valued averaging assessed values of similar properties
but three recent sales support a much higher price.
Comparing the assessment of other properties or other issues of uniformity are not sufficient evidence of
fair market value. 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 unanimously found 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.