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HomeMy WebLinkAbout20-04-R Mark Peil and Sherry EricksonORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Property Owner: Mark Peil and Sherry Erickson Parcel Number(s): 947 600 107 Assessment Year: 2020 Case Number: BOE 20-04-R Date(s) of Hearing: 2/10/2021 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 Land $98,780 Fx—llmprovements $307,284 Timber/Minerals Personal Property Total $406,064 This decision is based on our finding that: Dated this jq day February, 2021 Daryl G41lette, Chairman BOE Determination: 7 Land OImprovements Timber/Minerals Personal Property (See Attached) NOTICE Total Mail d: OLM 'A mp� uli hannon, xecutive Msistant $98,780 $307,284 $406,064 order can be appealed to the State Board of Tax Appeals by fling 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: Mark Peil and Sherry Erickson Appeal No.: BOE 20-04-R Parcel No.: 947 600 107 Issue: Under appeal is the value of a residential property located at 4257 Gise Street, Port Townsend, Washington. The Appellant's petition estimates the value to be $380,000 ($84,000 for the land and $296,000 for the improvements). The Assessor's valuation of the property as of January 1, 2020 is $406,064 ($98,780 for the land and $307,284 for the improvements). Appellants' Argument and Evidence: The Appellants were unable to participate in the telephonic hearing. The appellants written testimony consisted of a Uniform Residential Appraisal Report which used three comparable properties 1.03 miles South, 1.56 miles South and 1.38 miles South. The three properties ranged in value from $343,000 to $382,500. The appraisal report dated May 12, 2020 estimated the fair market value of the subject property to be $380,000. Assessor's Argument and Evidence: The Assessor's representative presented, a Sales Comparison Worksheet that had three comparable properties all in the same neighborhood as the appellants property. They ranged in value from $360,900 to $505,000. The adjusted average sale price of the three comparables was $462,749 which is $56,685 more than the subject property's assessed value of $406,064. 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 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. Jefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: BOE 20-04-R Taxpayer's Name: Mark Peil & Sherry Erickson Mailing Address: 4250 Wilson Street City: Port Townsend State: WA Taxpayer's Parcel No: Hearing Was Held On: Board Members Present Decision of Board: 947 600 107 Wednesday, February 10, 2021 Daryl Gillette, Margaret Taylor & Pete Raab Value Sustained: $406,064.00 Value Changed From: Other: Recorded on Tape No: Hearing Began at (time) (or BOE 021021 10:16 a.m. To: Zip Code: 98368 Ended at (time): 10:30 a.m. NO(cK D e 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)