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HomeMy WebLinkAbout07 July 21 JEFFERSON COUNTY BOARD OF EQUALIZATION A.C. Dalgleish David G. Douglas Archie L. Barber, Jr. James A. Deleo Chairman Vice-Chairman Member Alternate MINUTES 21 JULY 1986 The Board of Equalization convened at 9:00 A.M. The Full Board and Clerk were present. BOE-86-007-R / Parcel No. 989-711-005: Melburn Beuter appeared before the Board and stipulated that the parcel was purchaed on 1-14-86 for $85,000; that he is making an addition on the fr0nt of the house and on the upper floor; that the Lot extends over the face of the bluff; and that the property is over-valued by $11,795. The Assessor pointed out that the parcel is a Lot 90 feet wide with a view of the bay; acknowledged the the 1986 valuation represents a 54% increase over the 1981 valuation. The Board will have to view comparable properties on the bluff. BOE-86-008-R / Parcel No 940-500-079: G. Ward Givan was present at the hearing and stipulated that the parcel was purchased on 2-27-84 for $75,000 and that he received an appraisal by Helen Hedgen on 1-16-86 setting the valuation at $60,200 on which he bases the appeal. The Assessor reported that the valuation was based on the cost approach and the appraisal was based on market value; that the appraiser applied a 10% depreciation; and that the appraisal be considered valid as an adjusted valuation. BOE-86-009-R I Parcel No. 965-202-005: Sven-Lasse Lassen was not present at the hearing. This petition delt with the valuation of time-share units in the Kala Point Village condominiums. The petition stipulates that a single time-share was purchased for $10,500 on 3-7-80 and presented comparables of cost of other time-shares in the village.. . The Assessor presented evidence of sales in these units 1983-1986, pointing out that there were forty units with 12 potential sales -- 480 sales inall. Of the 53 sales recorded, the sales in 85-86 indicate a 15% reduction below valuation set in 1984. It was recommended th.at the following factors be considered in making blanket adjustments to this development. 1) All units carry a valuation of $1,500 for land. 2) There are 38 units to be considered; Units 1-18: Odd units (lower) -- Reduce Improvements $9,750 to $8,000 Even units (upper) -- Reduce improvements $12,000 to $10,000 Balance units 19-38 are single story: 19-32 -- Reduce improvements $13,000 to $11,000 33-38 -- Reduce improvements $14,000 to $12,000 The Assessor and the Board should move toward equalized adjustments on this condominium development. . BOE-86-10-LO/Parcel No. 921-044-010: Angelina Kemper Boaz was not present at this hearing. The petition stipulated that the Lot next door with a home on it is valued at $41,385; refers to Tax Lot #3 of 1.4 aares with 340-360 front feet of water front is valued at $77,000 with house on it; and request reduction of valuation to $40,000. The Assessor produced two comparables of 1.4 to 2.02 acres with 576-864 sql ft houses. Sold at $77,000 and $85,000 in 1985. suggests that and adjustment of subject petition for 363 front feet @ $175.00 per front foot would set valuation at $63,500 comparable with sale of comparable #1. BOE-86-011-R I Parcel No. 984-000-101 & 130: John H. and Naoma Haakenson were present at the hearing and stipulated that they had joined Mr. Mc Clure in the purchase of the contiguous lot (Parcel - 130) to preclude its use as a camper parking lot because it was non-buildable due to perk tests; that there has been major flooding and wash-out of this lot due to improper county construction and maintenance of a cross-over culvert under the road above this lot; and that the value of this lot has been drastically reduced because of this wash out. Assessor reported that the parties purchased the half-lot for $5,000 in 1984 -- the lot previousily K valued at $25,000. The Board agreed to inspect the lot and make a judgement whether the valuation should be reduce from $7,500. BOE-86-012-LOjParcel No. 99D-400-335: Richard P. Brennan was not present at the hearing. The petition was read into the minutes stupulating that the parcel was purchased in 1985 for $9,000 ; and that the valuation should reflect that purchase. The Assessor presented record of ni ne sales in 1981-84 with average sa 1 es pri ce of $10.816 and recommended reduction of valuation to $9,000. There bing no further hearings for this day, the Board adjourned until 9:00 a.m. on Friday, the 1st of August. APPROVED BY: PREPARED OATE APPROVED {/{z,10! ~f Ie; Jr, , (.j\~:",....(' ,.l ", ~i, ~ r--J-..(.......-.(., ~ .t.- ARCHIE L. BARBER, MEMBER .'