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HomeMy WebLinkAbout22-26-LO Gregory Paulson - Paulson Family Trust Jefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: BOE 22-26-LO Taxpayer's Name: Gregory F. Paulson, Paulson Family Trust Mailing Address: PO Box 1448 City: Port Hadlock State: WA Zip Code: 98339 Taxpayer's Parcel No: 970 800 005 Hearing Was Held On: Tuesday, April 11, 2023 Board Members Present: Daryl Gillette, Margaret Taylor & Pete Raab Decision of Board: Value Sustained: Value Changed From: $$99,000 To: $86,960.00 Other: Recorded on Tape No: BOE 041123 Hearings Hearing Began at (time): 10:36 a.m. Ended at (time): 11:03 a.m. Chairperson r Authorized 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) ORDER OF THE JEFFERSON COUNTY BOARD OF EQUALIZATION Property Owner: Gregory and Carol Paulson, Paulson Family Trust Parcel Number(s): 970 800 005 Assessment Year: 2022 Case Number: BOE 22-26-LO Date(s) of Hearing: 4/11/2022 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 $99,000 X Land $86,960 Improvements Improvements Timber/Minerals Timber/Minerals Personal Property Personal Property Total $99,000 Total $86,960 This decision is based on our finding that: (See Attached) Dated this Zi day April - Ma'1ed: ( a-3 I (IL/ ry , Da l Gil tte, Chairman hannon xecutive 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(s): Paulson Family Trust, Gregory and Carol Paulson,Trustees Appeal No.: BOE 22.26.LO Parcel No.: 970 800 005 Issue: Under appeal is an unimproved lot identified as Lot 5, Sunrise Cove at Mats Mats Bay. The appellant asserts that the true and fair market value of the property is $60,000 ($60,000 for the land and $0 for the improvements). The Assessor's valuation of the property as of January 1, 2022 is $99,000 ($99,000 for the land and $0 for the improvements). Appellant's Arguments and Evidence: The appellant asserts that the value of the subject property is impacted by an abandoned driveway easement which bisects the property, utility easements and an easement that parallels Oak Bay Road. It is surrounded on three sides by roads. The Appellant provided no comparable sales. Assessor's Arguments and Evidence: The Assessor provided current sales data from three sales of lots within 530 feet of the Appellant's lot. These lots were not subject to the abandoned driveway easement and were not surrounded on three sides by roads. They had trended sales prices of$110,175 to $161,600. The Assessor noted that a quiet title action in a contested case to remove the unused driveway easement could cost an estimated $10,000 and was willing to reduce the assessed value of the Appellant's property to reflect the cost of that action. Decision: The Board of Equalization decided to use the most recent comparable of similar size with a trended sales price of$161,600, apply the 65% adjustment used by the Assessor to reflect the use limitations for the lot, with a further adjustment of$10,000 to reflect the cost of a quiet title action to remove the abandoned driveway resulting in a net assessed value for the property of$86,960 ($86,960 for the land and $0 for the improvements).