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HomeMy WebLinkAbout20-02-LO Lorraine Hamada & Cavin RichieMIIlk ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Property Owner: Lorraine Hamada& Cavin Richie Parcel Number(s): 921 324 019 Assessment Year: 2020 Case Number: BOE 20-02-LO Date(s) of Hearing: 3/10/2021 Having considered the evidence presented by the parties in this appeal,the board hereby n Sustains C Overrules the determination of the Assessor. Assessor's Determination BOE Determination: X Land $43,017 X Land $43,017 Improvements Improvements Timber/Minerals Timber/Minerals Personal Property Personal Property Total $43,017 Total $43,017 This decision is based on our finding that: (See Attached) Dated this (, day April, 2021 Mailed: f -7, C D6/4 - t: 44/04 Daryl Gillett hai an Julie Shannon, Ex Ytive Assistant 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 Appellant: Lorraine Hamada & Cavin Richie Appeal No.: BOE 20-02-LO Parcel No.: 921 324 019 Issue: Under appeal is the value of a commercial property used as a single-family residence located at 6391 Oak Bay Road, Port Ludlow, Washington, 98365. The Appellants petition estimates the value to be $39,000 (land only). The Assessor's valuation of the property as of January 1, 2020 is $43,017 (land only). Appellant's Argument and Evidence: The Appellants in their written and testimony stated that the property was-unbuildable due to its location next to Mats Mats Bay, wetlands, a stream, and inability to perk or to provide potable water. The Appellants noted the lack of comparable property sales. Assessor's Argument and Evidence: The Assessor's representative also noted the lack of comparable sales but did provide two properties that combined the residence with the waterfront access in one tax parcel. Those sales were for$475,000 and $400,000. The Appellants residence is assessed at$270,000 (land$88,941 and improvements $181,764). The waterfront access and view lot were valued at$43,017. If it were combined into one tax parcel, the total would be $313,017 well under the comparable sales. Of further note, the Appellants purchased the lot in August, 2003 for $47,000. 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 20-02-LO Taxpayer's Name: Lorraine Hamada & Cavin Richie Mailing Address: 6391 Oak Bay Road City: Port Ludlow State: WA Zip Code: 98365 Taxpayer's Parcel No: 921 324 019 Hearing Was Held On: Wednesday, March 10, 2021 Board Members Present: Daryl Gillette, Margaret Taylor & Pete Raab Decision of Board: Value Sustained: $43,017 Value Changed From: To: Other: Recorded on Tape No: BOE 0031021 Hearing Began at (time): 10:12 a.m. Ended at (time): 10:27 a.m. Chair son (or uthorized 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)