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HomeMy WebLinkAbout21-22-R Ryan E. and Marcie L. Lammers ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Property Owner: Ryan E. and Marcie L. Lammers Parcel Number(s): 901 112 051 Assessment Year: 2021 Case Number: BOE 21-22-R Date(s) of Hearing: 3/30/2022 Having considered the evidence presented by the parties in this appeal, the board hereby Sustains X Overrules the determination of the Assessor. Assessor's Determination BOE Determination: X Land $139,523 X Land $125,571 X Improvements $428,366 X Improvements $385,529 Timber/Minerals Timber/Minerals Personal Property Personal Property Total $567,889 Total $511,100 This decision is based on our finding that: (See Attached) Dated this Z 0 day April, 2022 Maile* : f(`I �ad-- nc,./4 aft "G,gsg, fbtA( Daryl GilEtte, Chairman 'hannon, xecutive Secretary 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 Appellants: Ryan E. and Marcie L. Lammers Appeal No: BOE: 21-22-R Parcel No: 901 112 051 Issue: Under appeal is the value of the residential property located at 10234 Rhody Dr., Chimacum,WA. The Appellant values the property at$323,983 ($53,559 for the land and $270,379 for the improvement/buildings). The Appraiser's valuation of the property as of January 1, 2021 is $567,889 ($139,523 for the land and $428,366 for the improvements). Appellant's Argument and Evidence:The Appellant's stated that the property assessment is based solely on the purchase price and is far above the percentage value of recently sold homes in the neighborhood. The Appellant's presented numerous documents to support their case. The Appellant's stated the purchase price wasn't what the property is worth, but it is what they paid for it. The purchase price was negotiated with a reluctant seller as part of a package deal. The Appellant's further stated that the poor condition of the property was unknown to them at the time of purchase and was not reflected in the assessor's appraisal. The Appellant's stated they had suspended their exercise of due diligence in order to facilitate a quick sale. It was further noted that the Appellants felt the Appraiser was ridged and rude while refusing to hear any questioning of his appraisal. Assessor's Argument and Evidence:The Assessor's Representative presented three comparable property valuations. The Representative explained that he must establish market value as equal to the sales price arrived at as the result of an arm's length transaction between an independent buyer and an independent seller. The appraisal value must equal the market value. The Assessor stated he would recognize a reduced valuation based on the trending value disparity between the appraisal date and the sale date. Decision:The Board of Equalization overrules the Assessor's original valuation and finds that that the true and fair market value is $511,100 ($125,571 for the land and $385,529 for the improvements.) Jefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: BOE 21-22-R Taxpayer's Name: Ryan E. and Marcie L. Lammers Mailing Address: 10234 Rhody Drive City: Chimacum State: WA Zip Code: 98325 Taxpayer's Parcel No: 901 112 051 Hearing Was Held On: Wednesday, March 30, 2022 Board Members Present: Daryl Gillette, Margaret Taylor & Pete Raab Decision of Board: Value Sustained: Value Changed From: $567,889 To: $511,100 Other: Recorded on Tape No: BOE 033022 Hearing Began at (time): 10:03 a.m. Ended at (time): 11:29 a.m. lr* tb 2z / .2_2_ Char eeso or Autho z�signee) Dat 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)