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Home My WebLink About10 October 14 ~ JEFFERSON COUNTY BOARD OF EQUALIZATION A.C. Dalgleish David G. Douglas Archie Barber, Jr. Chairman Vice-Chainnan Member Alternate M I NUT E S 14 October 1987 HAMILTON AND PHOENIX ADDITION DELIBERATIONS. The developer of these two subdivisions carried on an active sales program in the early 1980's; however, sales in the past three years have been almost non-existant, providing no sales history to the Assessor. Ther have been several parcels where contract default has taken place, primarily due to lack of any developmental improvements, Under petition BOE-87-065-LO, the B8ard has been asked to provide relief in the assessed valuation on nine parcels. The Board decided to review the valuations after making an inspection of the area at 10:30 A.M. on 09-23-87. The rationale for an equalization adjustment on these two subdivisions was based on the following factors: HAMILTON ADDITION : The only access to the area is an unimproved road (Howard Street) which covers a water main leading to a reservoir to the southwest of the subdivision. The equalization factors determined to be realistic were: (1) All lots in Blocks 1-6, 15 should be valued at $2,000 per lot. (2) All lots in Blocks 7-10,15 which are a block away from the water source, should be valued at $1,500 per lot. (3) All lots in Blocks 11,13, which are two blocks away from the water source, 'l'he should be valued at $1,000 per lot. followlng parcels were assigned EOE petition numbers and d' t d' BO"' 8 . . , a JUS e . ~- 7-065-LO Lloyd M. Clevens Parcel No. Lot Numbers Block No. 955-800-101 1-8 1 955-800-201 1-8 2 955-800-301 1,2,7,8, 3 955-800-801 1'~17,8 8 955-800-901 l-tJ 9 955-80t~0~1 1-8 10 955-801-101 1-8 11 955-801-201 1-8 12 955-801-301 1,2,7,8 13 BOE-87-098-LO Port Townsend Realty. 955-800-302 31415,6 3 955-800-401 l-tJ 4 955-800-501 1-8 5 955-800-601 1-8 6 955-800-701 1,2,5-8 7 955-800-802 3-6 8 955-801-302 3-6 13 955-801-401 1-8 14 955-801-501 1-8 15 BOE-87-099-LO Ayaka Castellucci. 955-800-702 j-4' 7 Valuation Current Reduced to $3,250 $2,000 $3,250 $2,000 33,500 $2,000 $3,250 31,500 $3,250 $1,500 $3,250 $1,500 $2,250 $1,000 $2,250 $1,000 $2,250 31,000 $3 , BOO $3,250 $3,250 $3,250 $3,250 $3,250 $2,250 $3,000 $3,250 $2,000 $2,000 $2,000 $2,000 $1,500 $1,500 $1,000 $1,500 $2 ,000 $1,750 $1,500 Total $16,000 $16,000 $ 8,000 $ 6,000 $12,000 $12,000 $ 8,000 $ 8,000 $ 4,000 $ 8,000 $16,000 $16,000 $16,000 $ 9,000 $ 6,000 $ 4,000 $12,000 $16,000 $ 6,000 - fO. {~~87 PHOENIX ADDITION: ---~- -- , / ~-,2, The conditions of access to water and roads is the same as the Hamilton AdditiQn. The equalization factors determined to be realistic were: (1) All lots in Blocks 3,4,9 should be valued at $2,000. (2) All lots in Blocks 2,5,8 which are a block away from the water source, should be valued at $1,500 per lot. (3) All lots in Blocks 1,6,7 which are two blocks away from the water shource, should be valued at $1,000 per lot. Parcel No. Lot Numbers Block No. Valuation Current l~educed To Total BOE-87-117-1O Port Townsend Realty 987-300-101 1-6 I $3 , 500 $1,000 $ 6,000 987-3GQ-201 3,4,11-14 2 $3,500 $1,500 $ 9,000 987-300-302 7,8 3 H.500 $2,000 $ 4,000 987-300-303 3,4 3 $3 , 500 $2,000 $ 4,000 987-300-403 1,2 4 $3,500 $2,000 $ 4,000 987-300-501 1-6 5 $3,500 $1,500 $ 3,000 987-300-601 5,6 6 $3,500 $1,000 $ 2,000 987-300-701 3-6,11-16 7 $3,500 $1,000 $10,000 987-300-801 1-6 8 '3,500 $1,500 $ 9,000 987-300-802 7,8 8 $3,500 $1.500 $ 3,000 987-300-803 9-14 8 $3,500 $1,500 $ 9,000 987-300-901 5-8 9 $3,500 $2,000 $ 8,000 987-300-902 1-4 9 $3,500 $2,000 $ 8,000 ~ BOE-87-100-LO Jesse E. Hincks 987-300-102 7-14 I $3,500 $1,000 $ 8,000 987-300-602 1-4,7,8,13-16 6 $3,500 $1 ,000 $10,000 987-300-702 1,2 7 $3,500 $1,000 $ 2,000 BOE-87-101-1O l1ichael Raymond 987-300-103 15,16 $3,500 $1,000 $ 2,000 BOE-87-102-1O Hark Hovil a 987-300-202 7-10 2 $3,500 $1,500 $ 6,000 BOE-87-103-1O Tina Lazarski 987-300-204 5,6 2 $3,500 $1,500 $ 3,000 BOE-87-104-1O Mabel Bell & CHris Calahan 987-300-305 1,2 3 $3,500 $2,000 $ 4,000 it' BOE-87-105-1O Bruce Caray 987-300-301 5,6 3 $3,500 $2,000 11 4,000 BOE-87-l06-1O Roy Coe $2,000 $ 987-300-401 4 4 $3,500 2,000 BOE-87-107-1O D. 11. Coe 987-300-404 3 4 $3,500 $2,900 $ 2,000 BOE-87-108-1O H. H. Duhnke 987-300-504 7.8 5 $3,500 $1,500 $ 3,000 BOEl-87-109-1O H. G. Herrington 987-300-502 9,10 5 $3,500 $1,500 $ 3,000 BOE-87-110-1O Rick & Sharren Stevenson/D. Olson 987-300-402 5-8 If $3,500 $2,000 11 8,000 BOE-87-1I I-LO CarlO. Grasdal 987-300-506 13,14 5 $3,500 $1,500 $ 3,000 BOE-87-112-1O Beryl R. Koenig 987-300-503 15,16 5 $3,500 $1,500 $ 3,000 BOE-87-11 3-10 B. J. Brookes 987-300-603 9,10 6 $3,500 $1,000 , ",000 BOE-87-114-1O Davill R. Gilson 987-300-703 7,8 7 $3,500 $1,000 $ 2,000 BOE-87-11 5-10 Hargaret Pullin 987-300-704 9,10 7 $3,500 $1,000 11 2,000 BOE-87-116-1O James A. PErre 987-300-804 15,16 8 $3,500 $1,500 11 3,000 BOE-87-117-1O Port Townsend Realty 987-300-302 7,8 3 $3,500 $2,000 1l 4,000 987-300-403 1,2 4 $3,500 $2,000 $ 4,000 987-300-501 1-6 5 $3,500 $1,500 jl 9,000 BOE-b'l-ll b-LO D. D. Herrington 987-300-505 11.12 5 $3,500 $1,500 $ 3,000 BQE MINUTES OF 10-14-87 3. ~ KALA POINT DELIBERATIONS : The hearings for petition BOE-87-011-LO (Ralph Hallock) on 07-22-87 and BOE-87-073-LO (M. W. Associates) on 08-12-87 brought forth the opinion that current valuations of unimproved residential lots in this development may require adjustment, The assessor has produced the sales records of lots in the development which indicate two matters: (1) total sales in 1985 were thirteen, in 1986 were seven and in 1987 (nine minths) have been ten -- thirty in all. (2) The value of lots reached a peak in 1985 and have shown a decline since then, which justifies consideration on an equalization adjustment prior to the regularly scheduled revaluation in 1988 for the 1989 tax roles. Based on the assessor's review of specific sales data, current listing prices and the above referenced appeals, the Board decided that a blanket equalization adjustment should be based on the following parameters: 1) Valuations in Divisions I-IV should be sustained at their current level until next year's scheduled revaluation. 2) Valuation of lots 242 through 276 in Divisions V should also be sustained at their their current level until next year's scheduled revaluation. 3) The balance of lots in Division V and all lots in Divisions VI - VIII should be adjusted to $16,500 with the exception of those lots currently valued below $16,500. 4) The Assessor's office should review lots 176 through 205 in Division IX for a potential 20-25% reductions in valuation to reflect decline in value of known sales. 5) The Assessor's office will make use of the computer system to record the changes in valuation on all affected lots and will prepare the BOE notice of change forms for appropriate signatures on 26 October, The Board initiated action to release BOE revaluation Notices on the petitions currently befor them as follows: BOE-87-011-LO RALPH HALLOCK The Board inspected this parcel at 9:51 A.M. on 08-17-87 and found that deep swails in lots 152, 153 and 154 converge in the back of this lot 153. The Assessor reported that this parcel has recently been sold for $12,000. The Board decided that the valuation on this parcel of $17,500 should receive a 14% reduction due to topographic problems in development. BOE-87-073-LO M. W. ASSOCIATES The Board had an inspection meeting with the petitioner Renata Wheeler at the Kala Point sales office at 11:32 on 09-21-87 to review the impact of sales and the potential need for a major equalization adjustment in the development. Under the parameters set forth above, the Board made the following adjustments to the parcels defined within this petition: Jc>,/4 -B'1 -7:, Valuation Parcel No. Lot No. Div. No Curre!lt Adjusted 965-000-101 107 IV $18,500 Sustain 965-000-148 262 V $27,500 Sustain 965-000-196 293 VI $17,500 $16,500 965-000-199 296 VI $17,500 $16,500 965-000-210 378 VI $16,500 Sustain 965-000-217 385 VI $16,500 Sustain 965-000-229 428 VI $15,500 Sustain 965-000-239 354 VII $19,500 $16,500 965-000-242 357 VII 965-000-246 361 VII 965-000-250 390 VII 965-000-251 391 VII 965-000-253 393 VII 965-000-257 397 VII 965-000-259 399 VII 965-000-261 403 VII 965-000-264 406 VII 965-000-267 409 VII 965-000-268 410 VII 965-000-269 411 VII 965-000-270 11-12 VII 965-000-273 415 VII 965-000-274 416 VII 965-000-275 417 VII 965-000-276 418 VII $19,500 $16,500 965-000-280 300 VIII ll20,OOO $16,500 965-000-281 301 VIII 965-000-282 302 VIII 965-000-288 329 VIII 965-000-290 331 VIII 965-000-296 336 VIII 965-000-297 337 VIII 965-000-298 33B VIII 965-000-300 340 VIII 965-000-302 402 VIII 965-000-308 459 VIII 965-000-311 462 VIII 965-000-312 463 VIII $20,000 $16,500 -i-here being no ~ur';her business before the Board, the meeting was adjourned till 9: 00 ;~. i. on '10nda:t, the 26th of October. APPROVED BY: DATE APPROVED: (/)d'd~, 87 PREPARED BY: 1!~/UJ11.1-R ~..A_ !l -CHAIRMAN A~A~E~MB~' *" P.S.: BOE-87-100-LOl BOE-87-105-LU- The parcels listed in these petitions.w~r~ listed in.priyate ownership on 10-02-87 when the Board lnltlated equallzatl.on adjustments. By the time that th~ computer put out the Equalization notices, the ownershlp has reverted to Port Townsend Realty.