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HomeMy WebLinkAbout07 July 15 " JEFFERSON COUNTY BOARD OF EQUALIZATION A.C. Dalgleish David G. Douglas Archie L. Barber, Jr. James A.Deleo Chairman Vice-Chairman Member Alternate -------------------------------------------------------------------------------- r~INUTES -----------~---------~------~-----------~--------------~-~------~-----~---------- 15 July 1986 Board of Equalization came to order at 9:00 A.M. with all Board members and Clerk present, BOE-86-001-R!Parcel NO. 961-500-30l: Mr & Mrs St. Martin appeared at the hearing. Testifies that the mobile home portion of the improvemets was originally purchased in 1974; that the petitionetpurchased the parcel and improvemnts from a bank in 1985 for $70,000; that the septic tank drainage system is currently a problem; and that the valuation of $137,890 does not properly reflect the 1985 purchase price. The Assessor reported that the parcel encompasses 16 lots and vacated street area for an equivalant of 19\ lots valued at $1,200 per lot plus improvements and that the 1448 sq, feet of mobile home is valued at $52,128 ($36 per sq. ft.) and that the 1700 sq. foot of additional structures is valued at $61,200 ($36!sqft) It was recommended that the Board might consider a adjustment to the valuation of the 12 year old mobile home portion of the improvements. BOE-86-002-R I Parcel NO. 985-202-902: Mr. Shop en and his son were present at the hearing and petitiond that the $49,600 valuation of the 1092 sq. ft. of the house was too high ($45.42!sq.ft,); presented three comparables with sales in the $54,000 to $59,000 range in 1985 and 1986. The square foot values of the comparable buildings (less $10,000 for land in cash) are $44.91, $41,04 and $59,50. The Assessor recommended setting the valuation at $50!sq.ft. for the building ($54,600) less $10,000 for the land for a net of $44,600 for improvements. BOE-86-003-LO!Parcel NO. 948-303-104: Harley and Shirlee Bussart appeared before the Board to seek relief from valuation of the six lots in this parcel at $2,000 ($.69 per square ft.) on the basis that the lots are zoned residential and are located at an elevation where thay have limited value due to the presence of the Safeway store (rear view to these lots). The Assessor presented three compareables with sales in 1982-84 with prices of $4,000 to $5,600 per lot. (~,95 to $1,38 per sq. ft.) Dr. Nichols purchased 4 lots at $2.50 per sq. ft. in 1982. The essence of this appeal is the de- termination of a equitable formula for setting values of lots in the Eise'beis Subdivision based on commercial and residential zoning and view potential. BOE-86-004-LO!Parcel NO. 998-802-102: Michael Regan did not appear at the hearing. The petition was read into the minutes, stupulates that the 50'xl00' (5,000 sqft @ $.50 square ft,) parcel of undeveloped land has no road, water, power and sewer improvements; Lots 5-8, Block 21 (20,000 sq ft.) sold at tax auction for $800 ($.04!sq,ft.) on 12-13-85, and further the parcel has been listed at $950 for five months. The Assessor revealed that the subject parcel was purchased at the 12-13-85 tax auction for $410; that there pave been ten forfeitures and three tax sales in Tibbels, California and Baker additions and that the Board and Assessor should review valuations on the basis of terrain, access and utility to seek equitable valuations, cant.... . BOE-86-005-LO!Parcel No. 936-900-501: Sally R. Weinshrott was present at the hearing. The petition states the 100' x 100' lot has a residential zoningl was transferred to the petitioner on 1-21-83 in leau of $9,500 dawn payment ona house elswhere; has been listed at $11,000 since 1984 and is now depreciated in value~t6 the condition of an incompletely constructed house on an adjacent lot. The Assessor reported that the lot has sewer, water and power available; that the lot is valued at $0.95 per sq. ft. and that there are no recent comparable sales in the neighborhood indicating a depreciated value due to the imcomplete house on the adjacent lot. BOE-86-006-R!Parcel No. 989-7Il-006: Dorothy Barnhart was not present at the hearing. The petition stupulated that the two half lots on~hich the home is built are over valued at $12,500 because the only viable comparable is valued at $8,500. The Assessor presented nine comparables in P.T.O.T., Plummer's and Kuhns Ranch additions, five of which have R-l zoning similiar to that of the petition, These five parcels have valuations between $1.27 and $2.47 per sq. ft. The subject parcel is valued at $2,06!per sq. ft. which is close to the median of the comparables ($2.16!sq, ft.) There being no further hearings scheduled, the Board adjourned until 9:00A.M. on Friday, the 18th of July DATE APPROVED: ["f. t ~/,. 19ft:, , APPROVED BY: Prepared bY:--~~~~~-~~~ Carolyn J.Uiea, Clerk A.C. DALG CHAIRMAN r / ,. \ l...~''';/{.-'''''-''''/' 1-' C'o--.I- ~c..' \. ARCHIE L. BARBER JR., MEMBER