Loading...
HomeMy WebLinkAboutM100390 JEFFERSON COUNTY BOARD OF EQUALIZATION A. C. DALGLEISH DAVID G. DOUGLAS ARCHIE BARBER, JR. JAMES A. DE LEO CHAIRMAN VICE-CHAIRMAN MEMBER ALTERNATE MINUTES OCTOBER 3, 1 9 9 0 The Board of Equalization convened at 9:00 a.m. with Chairman A.C. Dalgleish, Vice-Chairman David G. Douglas, Member Archie Barber, Jr. and Clerk Dierdrei Keegan present. The Board dispensed with the reading of the Minutes of previous meetings at this time. H EAR I N G S MARTIN, James L. Post Office Box 124 Brinnon, WA 98320 BOE: 90-060-R PN: 988 200 104 Jeff Chapman was present on behalf of the Assessor's Office. Chairman Dalgleish explained the hearing process to Mr. Martin and swore him in for testimony. Leqal Description: This parcel is described as Pleasant Harbor BLK 1, Lot 4, in Volume 4 of Plats, Page 42. The property is located at 371 pleasant Harbor Road in Brinnon. The Tax District is 441, the Land Use Code is 1100, and the Neighborhood Code is 1220. The building, which consists of an average quality home in good condition, is not under appeal. The land is considered medium bank with a good marine view and clear, sloping topography. It is currently appraised at $55,000 with and additional $2,500 in value being allotted for the site improvements. Assessed Valuation: Land Only: Improvements: Total Valuation: $ 57,500 60,125 117,625 $ 41,580 60,125 101,700 Petitioner Request: Land Only: Improvements: Total Valuation: Petitioner's Testimonv: Mr. Martin stated that all properties in his block are appraised at the same value, yet all lots in that block have different waterfront footage. He explained that he and his neighbors feel that an inequity occurs when Realtors appraise these properties on waterfront footage, while the County Assessor appraises on a site basis. Mr. Martin noted that he has 61.5 feet, while other lots have more front footage (from 70 feet to 95 feet), such as Lots 1, 2, 10, 13, and 14. He noted that if you base the price on a per linear foot basis, some of his neighbors have almost twice as much front footage as he has. He feels that his property is not as valuable as the lots with more frontage and doesn't feel it should be assessed in the same manner. He said that a per site value is unfair, although he has no objection to the appraisal on the buildings. He believes his land is worth $41,580. Assessor's Testimonv: Jeff Chapman explained that the situation and the Assessor's argument is identical in all five of the Pleasant Harbor Petitions that are before the Board this year. Mr. Martin is correct in stating that the properties are assessed on a site basis rather than a front footage basis. All the lots have water and power. There aren't any bare land sales to use as comparables although there are two improved land sales. Assessor's Comparables: Comparable 11: Lot 1 sold in November 1988 for $125,000. Comparable #2: Lot 9 sold in February 1990 for $130,000. Board of Equalization Minutes: October 3, 1990 page: 3 Mr. Chapman explained that the land value can only be determined by abstraction in these cases, which is to take out the value of the improvements from the sales prices. Mr. Chapman went on to explain the valuations as follows: "Currently, using the $57,500 throughout here and our improvement values we have lot nine, ah one, assessed at, lot one assessed at $109,595, the one that sold for $125,000. So we're basically $16,000 below the sale price. And on lot nine, we have it assessed at $100,000 and it sold for $130,000. So, even using the $57,500 on these two lots, we're well below the sales price. And also, here, I've done, and I went by lot frontage, bank line. I wrote down here what the frontage is as compares. You can see, lot one I have down as 86 feet and lot nine, the other sale, was 70 feet of frontage. Most of the appellants are in the 60 foot range...Basically what I did is I thought, well, assuming that you used a 60 foot base and $57,500, which is our land value, what would these lots be worth if you used the front foot? And you'd still be well under the sale price. So, our argument is this: It is common, in fact all acreage we basically value on a front foot basis, ah, with plats, we usually value them on a site basis. That is particularly true if there is a uniformity in the sites. If basically the waterfront sites tend to be uniform in size, we basically will, in a plat like Port Ludlow, Kala Point, Suquamish Harbor, in all the ones in this area, which includes: Sunnys1ope, Pleasant Harbor, Pleasant Tides. We did all of these on a site basis. The reason is because we find that with platted sites, that generally a buyer will look at, particularly improved platted sites, they'll look at the house, how it's situated on it, they'll look at the general topo of the area, what kind of view it has, and a few feet one way or the other in frontage isn't going to make a difference. NOW, this is a different kind of thing here, You're talking about a difference in some cases between 62 feet and up to 110 feet. Our argument here was basically it's true that lot 14 has 110 feet of frontage, but also, lot 10 has 102 feet of depth; where many of these in the middle with 60 feet are everywhere from 130 to 150 feet of depth...Also, of course, the road frontage varies quite a bit from one to the other. I mean, you know, you can get anywhere from 40 up to 60 feet of road Board of Equalization Minutes: October 3, 1990 Page: 4 frontage...Basically what Jack [Assessor Jack westerman, III] thought here was that, the way this was platted is, it tried to give every lot virtually an identical worth. Now again, that's an assumption we're making. The reason is because of the lots that tend to have more frontage tend to be shallower, they tend to be angled, they tend to have less road frontage. Now, true, the waterfront usually carries the greatest weight, but all things considered, and the fact that these are all improved, we did these, we considered these to be relatively uniform and therefore we valued them like we do almost all our plats. A Realtor going in there and trying to sell one lot over another, may indeed say, 'this has ten extra feet of frontage, and as good a lot, and just a little bigger' he would try to sell it for a higher value. But for mass appraisal we figur~d everything balanced out and therefore we equated everything at $57,500. Actually $55,000 plus $2,500 for the site improvements, since these are all improved, they are all on at $57,500. I also, in area too, you would see a complete difference here if you actually took the square footage of these lots you'll find that some of the appellants lots, like five, six, seven, or, six, seven, eight, and nine, are the biggest lots in the area and the smallest lots, which are lots one, two, and eleven, twelve, thirteen, and fourteen have the greater front footage. So basically when they platted this they took that into consideration. They gave more frontage to the smaller lots. So, in that case, that's what we did, is we basically said, 'Well, we're going to just treat them all equally, we'll put them all on at $55,000 plus $2,500 in improvements'. And even at that, we came in well below the sale prices. The appellants have all argued that we should consider frontage here. If we did that, then the consideration becomes: Are we over- valuing the appellants or are we undervaluing the lot with the larger size. In other words, is $57,500 appropriate for the appellants and should the larger ones be on at a higher value or is the other way around? Of course, our argument is that they're all virtually identical, so we value them all the same." Jeff Chapman also explained that even when the parcels are figured by the front footage with adjustments for depth, topography, and road frontage, the figures are going to be close in value. For the sake of simplicity, these lots were valued as Board of Equalization Minutes: October 3, 1990 page: 5 sites. The difference of water frontage should not make a difference in the value, as in the opinion of the Assessor, there isn't enough evidence to justify it. He noted that if size were to be a factor in valuation, then $57,500 would probably be retained as the base rate along with the 60 foot lots, and then values would be raised, taking into consideration the depth and topography adjustments. After looking at these lots, the Assessor's opinion is that the parcels would certainly bring the price that they are assessed at. Petitioner's Response: Mr. Martin stated that he just feels there is an inequity in the way the lots were appraised and that the valuations should be based on a waterfront basis. Assessor's Response: Jeff Chapman noted that in Pleasant Tides there weren't any sales, but based on Pleasant Harbor the lots in Pleasant Tides were assessed at $55,000. Some of the better lots with more frontage had 15 to 20 percent added, bringing the values up to between $65,000 and $70,000. Assessor's Exhibits: Exhibit #1: Area Map. Exhibit #2: Plat Map of Pleasant Harbor. Exhibit #3: Computer Fieldsheet for Subject Parcel. EXHIBIT #4: Two page Memorandum dated October 2, 1990 from Assessment Operations Manager Jeff Chapman regarding the basis of evaluation on the subject property. EXHIBIT #5: Real Estate Excise Tax Form for Comparable #2 (discussed above). EXHIBIT #6: Real Estate Excise Tax Form for Comparable #1 (discussed above). Board Action: The Board took this petition under advisement and will conduct an on-site inspection of the land before making a determination. Board of Equalization Minutes: October 3, 1990 page: 6 HOLWAY, virginia Post Office Box 25 Oystervil1e, WA 98641 BOE: 90-052-LO BOE: 90-053-LO BOE: 90-054-LO PN: 602 352 019 TAX K PN: 602 353 038 TAX J PN: 502 021 002 TAX A Commercial Tidelands Robert Kingsley was present on behalf of the Assessor's Office. Chairman Dalgleish explained that Ms. Holway telephoned to say she could not be present at the hearing. He read her petitions for the three subject parcels into the Minutes of the meeting. Leqal Description for TAX K PN 602 352 019 BOE 90-052-LO: This 44.23 acre parcel of commercial tideland is described as S35 T26 R2W TL TAX K and is located near Brinnon. The current rate of assessment is $1,250 an acre for this unimproved property, which is used for commercial oyster beds. Assessed Valuation: Land Only: Improvements: Total Valuation: $ 55,290 NONE 55,290 Petitioner Request: Land Only: Improvements: Total Valuation: $ 11,050 NONE 11,050 Leqal Description for TAX J PN 602 353 038 BOE 90-053-LO: This 40.98 acre parcel of commercial tideland is described as S35 T26 R2W TL TAX J and is located near Brinnon. The current rate of assessment is $1,250 an acre for this unimproved property, which is used for commercial oyster beds. Assessed Valuation: Land Only: $ 51,225 Improvements: NONE Total Valuation: 51,225 Land Only: $ 15,000 Improvements: NONE Total Valuation: 15,000 Petitioner Request: Board of Equalization Minutes: October 3, 1990 page: 7 Leqal Description for TAX A PN 502 021 002 BOE 90-054-LO: This 72.98 acre parcel of commercial tideland is described as S2 T25 R2W TL TAX A and is located near Brinnon. The current rate of assessment is $1,250 an acre for this unimproved property, which is used for commercial oyster beds. Assessed Valuation: Land Only: $ 91,225 Improvements: NONE Total Valuation: 91,225 Land Only: $ 30,525 Improvements: NONE Total Valuation: 30,525 Petitioner Request: Petitioner's Testimonv: Ms. Holway stated on her three petitions that the property was purchased in the 1930's for an unspecified sum and that: "The land has not changed, not all the acreage can be used, but all of the pieces are leased to Coast Oyster Co. until 1992. My husband & I leased this for the benefit of our disabled son. We pay the taxes, I am 81 and trying to continue." Petitioner's Exhibit: Exhibit U: Letter from Coast Oyster directed to the Assessor's Office on behalf of Mrs. Holway. The letter was written by Gordon V. Hayes, Regional Manager, puget Sound, on August 27, 1990. Vice-Chairman Douglas read the Petitioner's Exhibit #1 into the Minutes of the meeting. The main points of the letter are as follow: 1) Coast Oyster Company is leasing Tax Lots A, J, and K in the Brinnon area. 2) Mrs. Holway informed Coast Oyster that the land has been reassessed as follows: Tax Lot A: $30,525 to $91,225 Board of Equalization Minutes: October 3, 1990 Page: 8 Tax Lot J: $15,000 to $51,225 Tax Lot K: $11,050 to $55,290 3) The tidelands have some commercial value but the value hasn't increased as rapidly as upland real estate. 4) The productivity of the land hasn't increased anywhere near the assessed increases. 5) Access on Tax Lot A could become restricted as it borders the Dosewa11ips state Park. 6) Tax Lot J has no restrictions but it takes four years to grow oysters or clams to maturity with the condition of the shellfish being good only from April through June of these years. 7) Tax Lot K is only good as a holding area for transplanted, mature oysters, which is rarely necessary. This is due to most of Tax Lot K being below the mean low tide level which means most of the land never uncovers. 8) Tax Lot K hasn't been used for at least 10 years. Assessor's Testimonv: Robert Kingsley reported that the previous valuations of 1986 are what the petitioner is requesting that the valuation be reduced to. He explained that these acreage parcels are oyster farms and noted that he researched how the State Department of Fisheries values oyster lands. Fisheries grades the lands on a one to five quality rating depending on what the oyster land may be used for with possibilities such as seeding only; seed and development; or for seed, development, and full growth. He stated that to determine the value of oyster land it needs to be examined as to the production capabilities. Assessor's Exhibits: Exhibit I: Oyster Land Sales list of comparables from Department of Revenue (listed below). The indicated value per acre of subject property is estimated at $1,500. Exhibit II: Map of Oyster Lands: Resurvey of State Oyster Reserve, Brinnon. Subject properties are listed. Exhibit IlIA: Computerized Fieldsheet showing current valuation for BOE: 90-052-LO. Exhibit IIIB: Computerized Fieldsheet showing current valuation for BOE: 90-053-LO. Board of Equalization Minutes: October 3, 1990 page: 9 Exhibit IIIC: Computerized Fieldsheet showing current valuation for BOE: 90-054-LO. Exhibit IV: Real Estate Excise Tax Form for Comparable Sale #2 (listed below) for Parcel Numbers 602 353 036 and 602 353 037. One hundred acres of tidelands, TAX E & G, sold for $449,000 on August 6, 1987. Exhibit V: Computerized Printout showing Theodore W. Holway as owner of TAX A, TAX K, and TAX J along with property descriptions. Department of Revenue Comparable Sales (Exhibit I): Sale 1: Sale 2: Sale 3: Part of Quilcene Oyster Reserve Discovery Bay Land Company sold for $10,530 August 1989, Ex. Number 59768. The acreage is 7.012493. $10,530 divided by 7.012 Acres = $1,500 per acre valuation. Taylor United sold for $449,000 August 1987, Ex. Number 55055. This is an 100 acre land sale consisting of Tax E & G. The sale included live shell fish and a Department of Natural Resources lease. Value of Shell Fish: $205,500 Value of DNR Lease: $ 50.000 Total: $255,500 $449,000 - $255,500 = $193,500 land value. $193,500 divided by 100 Acres = $1,935 per acre. Due to the need to use abstraction of inventory and estimated lease value to indicate acreage value the value per acre may not be accurate. The subject property tidelands encircle this comparable. Coast Oyster Company sold 15 acres for $3,750 August 1986, Ex. Number 53156. $3,750 divided by 15 Acres = $ 250 per acre. Poor quality land for shellfish growing and inferior to subject properties. It was noted that the above sales indicate a value range between $ 250 and $1,935 for oyster land. The subject property is estimated to be valued between the range of Sale # 1 and Sale # 2 at $1,500 an acre. For a 50 acre parcel, as of January 1, 1990, Board of Equalization Minutes: October 3, 1990 Page: 10 the land value would be estimated at $75,000 based on $1,500 x 50 Acres = $75,000. The Department of Revenue provided the work up on these sales and estimations of value. Robert Kingsley stated that the Assessor's Office chose to use $1,250 per acre on all three appeals, although the Department of Revenue recommends $1,500 an acre. Board Action: After further discussion of the leasing and production capabilities of oyster lands, the Board took the three Holway petitions under advisement. Frederic C. Helm 9202 N.W. 27th Avenue vancouver, WA 98665 BOE: 90-055-R BOE: 90-056-R PN 601 074 003 (house) PN 601 074 023 (garage) Robert Kingsley was present on behalf of the Assessor's Office. Chairman Dalgleish explained the hearing process to Mr. Helm and swore him in for testimony. Petitioner's Testimonv: Mr. Helm explained that the parcels under appeal are adjacent to each other and there is a garage on one parcel and a residence on the other. He did appeal the valuation in 1986 (BOE: 90-021-R) but he didn't appear before the Board of Equalization in person. He stated that if the Board makes an on-site inspection, the Deputy Assessor may also be present. He stated that the total improvement cost to date has been $53,000 for the cabin, garage, and well house on the properties in question. * * * Leqal Description for PN 601 074 003 (house) BOE 90-055-R: This 2.84 Acre parcel is described as 57 T26 R1W TAX 3 and is situated in Tax district 441 with Land Use Code 1100 and Neighborhood Code 1330 at 500 Whitney Point Road, Brinnon. Both the land and improvements are being appealed. The land has 131 front feet of improved land on at $400 a front foot with an adjustment of +25% for beach access and 131 front feet of unimproved tidelands at $20 a front foot and one improved site valued at $2,500. The rate was Board of Equalization Minutes: October 3, 1990 page: 11 calculated at: 131 Front Feet x $400 x 125 (100% + 25% for beach access) equaling $65,500 plus 131 front feet x $20 a front foot for tidelands equaling $2,620 plus one site at $2,500 for a total land valuation of $70,620. The improvements consist of a house of average(-) quality in good condition which was built in 1981. The building is 1,425 square feet; the basement is 1,425 square feet; the carport is 240 square feet; the garage is 576 square feet; the deck is 700 square feet; and the patio is 360 square feet. The improvement value was figured at $77,643 at 96% complete for a value of $74,537 plus the additional improvements of $2,981 for a total of $77,518 rounded off to $77,520. Assessor's Exhibits for BOE: 90-055-R: Exhibit I: Map of subject property and location. Exhibit II: Exhibit III: Exhibit IV: Exhibit V: Exhibit VI: Data Sheet for parcel with notation by previous assessor to add carport, that the building was complete, and that it was of better quality than previously assessed for. Computer Fieldsheet for subject property. Computer Fie1dsheet for comparable property, Parcel Number 501 032 008, which is assessed at $157,790 including improvements. Real Estate Excise Tax form for comparable property, Parcel Number 501 032 008, which sold for $250,000 including improvements. Computer Fieldsheet for comparable property, Parcel Number 602 264 004, which is assessed at $106,470 including improvements. Board of Equalization Exhibits for BOE: 90-055-R: Exhibit A: RCW: 84.40.030 Basis of valuation - Leasehold estates - Real property -- Criterion of value. Board of Equalization Minutes: OCtober 3, 1990 page: 12 Exhibit B: RCW: 84.48.150 Valuation criteria including comparative sales to be made available to taxpayers. Exhibit c: Photographs of subject property improvements during construction. 1990 Assessed Valuation: Land Only: $ 70,620 Improvements: 77,520 Total Valuation: 148,140 Land Only: $ 50,000 Improvements: $ 60,190 Total Valuation: $ 110,190 Land Only: $ 68,000 Improvements: 52.000 Total Valuation: 120,000 1986 Assessed Valuation: Petitioner Request: Petitioner's Testimonv on BOE 90-055-R: Mr. Helm stated that the structure went up in value between 28 and 29 percent since 1988. The County purchased the right-of-way for expansion of a road out to a shellfish laboratory in the vicinity. The Assessor pointed out that he has 2.84 Acres after the County purchased the property he noted that he has 2.80 Acres as the County purchase was 4/100s of an acre. Therefore, he believes the Assessor is incorrect by 4/100s of an acre in the land valuation. He also explained that the Assessed Valuation of this parcel figures out to 57 cents a square foot. Since the value on the adjacent parcel is 55 cents a square foot, he sees no reason for the discrepancy and stated that there is no basis for the difference in values on the land. The topography is identical, including the timber. He also explained that the County purchased the right-of-way for 55 cents a square foot. * * * Leqal Description for PN 601 074 023 (qaraqe) BOE 90-056-R: This 2.39 Acre parcel is described as being in the Strampe Short Plat, Lot 2, with tidelands abutting. The land is Board of Equalization Minutes: October 3, 1990 page: 13 subject to an easement. The property is adjacent to 500 Point Whitney Road and has a garage situated on it. This parcel is in Tax district 441 with Land Use Code 9800 and Neighborhood Code 1330. Both the land and improvements are being appealed. The land is valued at 95 front feet of improved low to medium bank with oyster lands at $400 a front foot adjusted by 40+ percent consisting of access to the beach (+25%) and an easement road to Lot 1 (+15%), as well as another 95 front feet of unimproved tidelands valued at $20 a front foot. There is one improved site valued at $2,500. The land value was figured at 95 front feet x $400 x .140% (the +40% for beach access & easement road) equalling $53,200 plus 95 front feet of tidelands x $20 equalling $1,900 plus $2,500 for site improvements for a total of $57,600 on the land. The improvements consist of a garage valued at $14,620. Assessor's Exhibits for BOE: 90-056-R: Exhibit I: Computer Fieldsheet for subject property. Exhibit II: Assessor's Worksheet with photograph of improvements on subject property. Exhibit III: Real Estate Excise Tax form for subject property showing sale at $100,000 on May 20, 1988. Board of Equalization Exhibits for BOE: 90-056-R: Exhibit A: RCW: 84.40.030 Basis of valuation - Leasehold estates - Real property -- Criterion of value. Exhibit B: RCW: 84.48.150 Valuation criteria including comparative sales to be made available to taxpayers. 1990 Assessed Valuation: Land Only: Improvements: Total Valuation: $ 57,600 14,620 72,220 Board of Equalization Minutes: October 3, 1990 Page: 14 Petitioner Reauest: Land Only: Improvements: Total Valuation: $ 57,200 11.500 68,700 Petitioner's Testimonv on HOE 90-056-R: Mr. Helm stated that he built the building with a kit that cost $27,900, but the building was assessed in 1986 at $60,000. The land value was $11,340 in 1988. Although there were no changes or modifications to the structure of the building, there was a 28.9 percent increase in Assessed Valuation. Mr. Helm explained that the Assessed Valuation on the land value for this parcel is at 55 cents a square foot. Since the value is 57 cents a square foot on the adjacent parcel, he feels there shouldn't be a discrepancy and that there isn't any basis for the difference. The topography is identical, including the timber. Right-of-way was purchased by the County for 55 cents a square foot (The County Purchase Order on this transaction is 13340, dated February 1988) . * * * Assessor's Testimonv: Robert Kingsley responded to Mr. Helm's comments and explained that cost and market value are not necessarily synonymous. He explained that: "...by State Law the Assessor's Office is required to assess property at 100 percent of it's true and fair market value. So, one of my arguments would be the original cost to build the house, cabin, whatever you want to call it (interrupted)..... * * * Petitioner's and Assessor's General Testimonv on both appeals: This section is a verbatim transcription of the proceedings. Mr. Helm: (Interrupting Mr. Kingsley) What, would you quote the urn, the WAC, or whatever, where that, where that ah, where it is required? Board of Equalization Minutes: October 3, 1990 page: 15 Mr. Kinqsley: I, I don't (interrupted). Vice-Chairman Douqlas: I can get it. Member Archie Barber, Jr.: This is what we've been told each year in training, and they did quote a couple of RCWs. Mr. Helm: I have referenced a Department of Revenue, Property Taxes in Washington and ah, where they said there were three common approaches for techniques to evaluate each real property: market, cost, and income. And ah, this is a Department of Revenue publication here, that ah, and so, that's all, I'm curious as to where it is mandated that one versus another. I would agree on market value for older property. I think that's appropriate, because there's a substantial amount of time that has elapsed. But, when it's a property that is fairly recent and you're not really putting in a significant depreciation into it, I think then that ah, cost is a valid approach to assessment of a property. Member Archie Barber, Jr.: I think part of the terminology they use when they say you'll use market value, is that ah, well, they're describing a matter-of-fact transaction. A willing seller and a knowledgeable buyer. Chairman Dalqleish: In your cost, you figure your own labor at a certain value? Mr. Helm: That was some of it, yes. There is some in there. Chairman Dalqleish: They would go according to each area of the country, and what the average labor is, I have no idea what they charge, what they figure is labor. Mr. Helm: There is some obviously where I had not, but ah... Chairman Da1qleish: He's coming up with it now (referring to Vice-Chairman Douglas' research for Mr. Helm). Vice-Chairman Douqlas: Go ahead, it'll take me a minute to find the paragraph here. Deputy Assessor, Mr. Kinqs1ey: Do you want me to continue? Chairman Dalqleish: Yes. Go ahead. Board of Equalization Minutes: October 3, 1990 Page: 16 Mr. Kinqs1ev: Okay. And ah, to continue on here, the cost figures that are being used are costs based on 1980, 1981. Mr. Helm: No. That's not correct either. Because I never got an occupancy permit until, this reflects costs that were all the way along borne by me until about 19' (year not stated), when I was really finished with the thing, about 1984 or '85. The only thing that's been done is a roof. So, we have continuing costs that are reflected in this figure that I've written. But ah, the package price, when I paid the sales tax on it, and when I bought it all, was in 1980ish. Yes, you're right on that, on the 27th. Mr. Kinqsley: Okay. In other words, I mean, you couldn't go buy that same package at today's dollars at 1980 cost. They won't sell it to you at that, at that amount. Mr. Helm: Not today, but a couple of years ago, yes. Mr. Kinqslev: Okay, well, I'm also required by State Law to value your property as of January 1st, 1990. Mr. Helm: But that didn't hold for me in 1986. Mr. Kinqslev: I was not employed by the Jefferson County Assessor's Office in 1986. Mr. Helm: As long as we're; you people were unfair. Mr. Kinqslev: Okay. You stated there was an increase of $17,330 over a four year period, or twenty-eight percent increase. The appraiser's comments that was, there, who was there on March 30, 1990, found no one was home and he said that 'it's finished, add a carport and some decking' I believe. Okay, so he raised it from 90 percent complete to 100 percent complete. We have the basement rated as zero percent finished. Mr. Helm: Okay. Mr. Kinqsley: Okay. He added a carport, pretty basic carport, 240 square feet, fair quality with a metal roof and no floor covering. Minimum value associated with the carport. A couple hundred added square feet to the deck at say (interrupted). Mr. Helm: There has been no addition to it. Mr. Kinqslev: Ah, okay, they may have incorrectly measured it in the 1986 survey. Board of Equalization Minutes: October 3, 1990 Page: 17 Mr. Helm: It was the pictures that your, that the Assessor, that the Assessor's Office took in 1986 as I was completing the carport. They took it earlier, when the ah, when the Board was there, in 1986, the carport had been completed. These are your pictures. Chairman Da1qleish: May I see them? Mr. Helm: Yes. And no roof has been added since then, and the ah, carport has been, the framing has been completed. It was actually completed when you visited that site in 1986. Chairman Dalq1eish: Metal roof, you say? Mr. Helm: Uh huh. Chairman Dalqleish: You mean that corrugated aluminum steel, corrugated steel? Mr. Kinqslev: So anyway the point, the point is that the $17,330 increase, you, we need to take out the 10 percent from raising it from 90 percent complete to 100 percent and then adding the carport value and a little bit of the decking, so therefore the actual increase isn't $17,330 it's somewhat less than that (interrupted). Mr. Helm: Alright, I (interrupted). Mr. Kinqslev: And you divide, let me finish please. You divide that by four over four years, the actual per year increase is not that much. Now the inflation rate of four to seven percent over four years would be anywhere from 16 to 28 percent if there were no changes at all. So. I just wanted to make that (interrupted). Mr. Helm: I would appreciate it if you would withdraw those points because they're incorrect. Ah, I've shown here from your own pictures that the carport was under construction, the deck is as it was at that time, and ah, here's the deck. I don't know what you are alluding, what part of the deck you are alluding to when you're ah, from your March reassessment. I think it's kind of hard to go with, as you say. Mr. Kinqslev: Well, is it, okay. Do you have 700 square feet of deck or do you have 500 square feet? That's the question. If you had, had 700 and you haven't added any, then you were Board of Equalization Minutes: October 3, 1990 Page: 18 underassessed in 1986 because we only carried 500 square feet of deck. That's the point, and that's all that I want. Mr. Helm: There has been no deck added since 1986. Mr. Kinqs1ev: You know how many square feet of decking? Mr. Helm: I have not measured it. Mr. Kinqslev: Okay. Well, we did. And (interrupted). Mr. Helm: We can check it again. Mr. Kinqslev: Okay, and we can check. Mr. Helm: We can re-check it when we get there. Mr. Kinqslev: I have a few comparable sales on homes that are approximately the same size, valued in approximately the same value range, that have sold recently for quite a bit more than assessed value. And the reason I made copies of these houses that have sold is just to point out to everyone here that there is ah (interrupted). Mr. Helm: What year were the assessments made? Eighty-six or ninety? Mr. Kinqs1ey: Well, they vary. Just to point out that homes sell for a lot more than assessed value in a lot of cases. Chairman Dalqleish: Is this beach land? Mr. Helm: Tidelands. Chairman Dalqleish: You have beach, the tidelands? Mr. Helm: Yes. Mr. Kinqslev: Okay, the other thing I'd like to talk about on this particular piece is how we valued it. Ah, we didn't value it on a per square foot basis. We value waterfront property on a per front foot of waterfront. Okay, Mr. Helm was referring to a right-of-way that was purchased at what, 55 cents per square foot? Mr. Helm: Um huh. Board of Equalization Minutes: October 3, 1990 page: 19 Mr. Kinqslev: Well, this right-of-way is not waterfront, it's, you know, back, way back from the waterfront where the road is and it's hard to compare waterfront property to a strip of land along the road, ah, I'd have to guess several hundred feet from the water. So we really don't recognize that County purchase of right-of-way land as a true and fair method to value waterfront property. Okay. Mr. Helm: What you're saying then, is a chunk of land along 101 with ah, that's 10 foot from the road, could be valued the same as a chunk of land where you have a depth of around 800 feet? Mr. Kinqslev: Ah, we value property on, from one neighborhood to another, that the per front foot values differ, and method of assessment values, depending on neighborhood. Mr. Helm: What do you show as front footage on number 55 (BOE: 90-055-R)? Mr. Kinqslev: Okay, we show it as mapped at 131 front feet. Mr. Helm: In 1986 they were claiming 140. Mr. Kinqsley: Also, the reason the acreage amount change, is this, I believe this area has just been re-mapped within the last four years. And, we go by map acreage, so a lot of, a lot of properties in this revaluation area changed, acreages changed. Chairman Dalqleish: What I understand you're saying now is this, 003, or what we call 55, that is 131 foot? This doesn't include both parcels now, does it? Mr. Kinqs1ev: No. Chairman Dalqleish: One-thirty-one is where your house is, is that? Mr. Helm: That's correct. Chairman Dalq1eish: Alright, thank you. And what do you have it on for front foot? Mr. Kinqslev: Ah, we have it on at $400 a front foot, there's a positive adjustment of 25 percent due for a road asset, access. Chairman Dalqleish: Four hundred plus 25 percent? Board of Equalization Minutes: October 3, 1990 page: 20 Mr. Kinqslev: Right. For road access to the beach, beach area. And when we (interrupted). Mr. Helm: Where's the road access? Mr. Kinqsley: Well, I guess we'll see it when we get there (Referring to on-site inspection). Mr. Helm: There's a trail. Well, there's a trail. Mr. Kinqslev: Okay, trail access to the beach. Mr. Belm: Twenty-five percent, huh. Mr. Kinqslev: Ah, the tidelands, which are also 131 feet, is on for $20 a front foot. And then, for site improvements to this property, we added $2,500. And, that includes costs for drilling well, installing a septic system, running power to the improvement, and I think everyone would agree we're way low on that degree. Okay, so that's for 90-55-R. Ninety-56-R. Chairman Dalqleish: Nine, what was that? Mr. Kinqslev: The, the new one that I want to discuss or the old one? Chairman Dalqleish: No, no, 90, ah, 90-5. Mr. Kinqslev: That was just the appeal. That's all I had to talk about on appeal number 90-55-R. Chairman Da1qleish: Oh, okay. Mr. Helm: I wasn't really quarreling with the land, other than that your square footage was off on that 55 (BOE-90-055-R), and that you used one rate per square foot on one property, one contiguous piece of property, and you used another rate on the next piece of property. Mr. Kinqslev: Well, we valued both on its per front foot basis, both pieces. Vice-Chairman Douqlas: Mr. Chairman, can I interject something here? Board of Equalization Minutes: October 3, 1990 Page: 21 Chairman Dalqleish: Yes. vice-Chairman Douqlas: The two statutes that define the methods of value are. Mr. Helm: Um huh. vice-Chairman Douqlas: The first one is the 'Basis of valuation' 84.40.030 (Revised Code of Washington). Mr. Helm: 84.40.030, 84.40.030. Vice-Chairman Douqlas: It says, in introduction: "All property shall be valued at one hundred percent of its true and fair value in money and assessed on the same basis unless specifically provided otherwise by law." Okay, consistent. The 84.48.150 (Revised Code of Washington) 'Valuation criteria including comparative sales to be made available to taxpayers' and it says: "The assessor shall, upon the request of any taxpayer who petitions the board of equalization for review of a tax claim or valuation dispute, make available to said taxpayer a compilation of comparable sales utilized by the assessor in establishing such taxpayer's property valuation." Okay. So it is a function of the sales value. Mr. Kinqslev: True. vice-Chairman Douqlas: But there are other methods of determining valuation. Member Archie Barber. Jr.: The most generally used, however, for valuing commercial property are a combination thereof. Vice-Chairman Douqlas: Commercial property. Right. Board of Equalization Minutes: October 3, 1990 Page: 22 Mr. Kinqs1ev: Okay, now, for 90-56-R, looking over the petitioner's petition, I noticed that ah, item number four, purchase price of property, date of purchase and terms was conveniently left blank, when indeed he's purchased the property May 20th, 1988 for $100,000 (interrupted). Mr. Helm: Okay, ah, there's a property, ah, finish it up. Yeah. Mr. Kinqsley: Okay, I'm just going by the Excise Tax Affidavit that states that the purchase price (interrupted). Mr. Helm: Well, let's, then let's go ahead and get Mr. Olson from urn, from the Realty Company, because Olson and I had a piece of property that was further down the, down the road that I traded, and that was part of the trade. Mr. Kinqslev: So, this, "I certify under penalty of perjury (from the Real Estate Excise Tax form Number 56622 signed by Mr. Helm on May 20, 1988 with gross sale stated as being $100,000)" so on and so forth that the above information is true and correct, that, that indeed is not what took place? Is that what is happening here? Mr. Helm: There was, there was a trade, a section, I don't know what the I.R.S. Statute number, there was a property trade. Waterfront property in Paradise Cove, Brinnon, in the south of Brinnon, that I traded to Hanson's for this property, plus cash. Mr. Kinqslev: Was there an affidavit filed on that piece of property? Mr. Helm: I believe so. I, I would check with the Realtors, and then you will know what the ah, what that property in Brinnon was valued at, ah, around forty, around fifty-some thousand dollars; as I recall to the best of my knowledge. Mr. Kinqslev: I'd be happy to pull my tax records out. Vice-Chairman Douqlas: I wouldn't mind. Mr. Kinqslev: Well (interrupted). Board of Equalization Minutes: October 3, 1990 Page: 23 Mr. Helm: So, that, it, because it was confusing, I did not put down, there was no attempt at deception or ah, I'm not trying to evade, or (stopped speaking). Mr. Kinqslev: I understand what you're saying. Mr. Helm: Okay. you're trading an value on another, understand that. But because there was a property trade where inflated value on one property for an inflated $100,000 is not the true basis, I think you'd Chairman Dalqleish: well, we'll have to get that clarified though. That's a matter, see, that's a matter of record they've got there. Mr. Helm: Thank you. Chairman Da1qleish: And you say that isn't correct. vice-Chairman Douqlas: Well, I think, I think, it's not a semantic situation but it's closer, ah, where we're clear, where we are stuck is that we have to use records of sale. And maybe there'd be some merit in getting documentation that would show the relationship as it was appraised in that sale. It could clarify the situation. Mr. Helm: There has been, there is no question about the value of the land on this property. I don't know why it's been brought up. I have no problem with the value on the land. So, I'd like to go ahead and confuse the matter, we are talking about the structure on that parcel. vice-Chairman Douq1as: Was the structure, it was a part of the purchase from the value? Mr. Helm: Yes it was. Okay. Chairman Da1q1eish: You're only contesting the improvements. vice-Chairman Douqlas: Yeah, he says he's contesting the improvements and he's looking for about a $3,100 reduction in the cost of that building. Mr. Helm: Yeah. It hasn't got a change since it was purchased. Board of Equalization Minutes: October 3, 1990 Page: 24 Chairman Da1Qleish: Well, don't you think you ought to have that clarified for the records for sometime down the road when you sell that thing? Mr. Helm: Well, I haven't, I was not aware of it. I didn't get a copy of that, that you have there (referring to the Real Estate Excise Tax form). * *End of verbatim transcription of proceedings* * * * * Assessor's Testimonv - continued: Robert Kingsley explained that the garage valuation increased because the previous appraiser determined that electricity, a bathroom, and insulation were added. It was noted that there is a septic tank on this lot. Petitioner's Response: Mr. Helm explained that there has been power since 1988, and that the bathroom and insulation were added in 1986, but nothing has been done since the purchase of the building in 1988. Board Action: Vice-Chairman Douglas requested a detail of the land trade for future purposes, and to help the Board evaluate the real cost of the land. The Board took the petition under advisement and discussed the on-site inspection with Mr. Helm. LESLIE, John 8403 170th Avenue E. Sumner, WA 98390 BOE: 90-061-R PN: 988 200 107 Jeff Chapman was present on behalf of the Assessor's Office. Chairman Dalgleish explained the hearing process to Mr. and Mrs. Leslie and swore them in for testimony. The Leslies stated they had no objection to the Deputy Assessor being present at the on- site inspection. Leqal Description: This property is described as Pleasant Harbor, Block 1, Lot 7 within Tax District 441, Neighborhood 1220, and with Land use Code 1100. The site is located at 421 Pleasant Harbor Road in Brinnon. The land consists of an improved lot of medium bank with a good marine view and clear, sloping topography valued at $55,000. There is also one improved site valued at $2,500. The residential land size is 60 x 210 feet and it is on Pleasant Harbor Road, which goes down to the Board of Equalization Minutes: October 3, 1990 Page: 25 spit. The improvements, which consist of a vacation home, are not being contested. Petitioner Request: Land Only: $ 57,500 Improvements: 40,420 Total Valuation: 97,920 Land Only: $ 36,000 Improvements: 40,420 Total Valuation: 76,420 Assessed Valuation: Petitioner's Testimonv: Mr. Leslie stated on his petition form that all the lots in the area are assessed the same regardless of the size. He also noted that the value increased too much in one year and that the per foot cost is over $950 per foot. Mr. Leslie explained that the assessment change in one year is too high and that some lots have more waterfront than others. He wants the land reduced to its prior value of $36,000 which was the assessed valuation since 1982. Assessor's Testimonv: Mr. Chapman explained that the petitioner didn't have time to study the information he provided and that he may respond to it at a later date. He referenced BOE:90-060- R, which was heard in the morning, noting that this case is similar in nature (Please see BOE: 90-060-R beginning on page 1, October 3, 1990 Minutes with verbatim transcription of Assessor's Testimony page 2 - 4). Jeff Chapman reported that most plats are assessed on a site basis for waterfront property, particularly if the sites are relatively uniform. He explained that buyers tend to consider how an existing home is situated, where the front porch is located, and the general site qualities, not the actual front footage. He noted that properties with more waterfront tend to be oddly shaped or to have less road frontage or usable area. Properties with less waterfront generally have more usable footage. He stated that there are not enough differences between sites to make numerous adjustments in value, therefore the sites were assessed at $57,500 with $55,000 being for the unimproved lots and $2,500 for the utility improvements. Board of Equalization Minutes: October 3, 1990 Page: 26 Mr. Chapman suggested that the Board consider this question: If these properties are valued on a waterfront footage basis, are the appellants values too high or too low? Based on current sales, it could be argued that the values are too low. He reported that these sites have been historically valued on a site basis, including the 1986 assessment year. He also noted that the increase is really a four year increase due to the four year assessment cycle, although the majority of the increase took place in the last couple of years because of the high demand for waterfront properties. He feels that the value is consistent with how other platted properties are valued. All the lots have water and power. There aren't any bare land sales to use as comparables although there are two improved land sales. Assessor's comparab1es: Comparable #1: Lot 1 sold in November 1988 for $125,000. Comparable #2: Lot 9 sold in February 1990 for $130,000. Mr. Chapman explained that the land value can only be determined by abstraction in these cases, which is to take out the value of the improvements from the sales prices. Mr. Chapman went on to explain the valuations (as provided in verbatim testimony page 2 - 4, Minutes of October 3, 1990; BOE: 90-060-R). Board of Equalization Minutes: October 3, 1990 Page: 27 Assessor's Exhibits: Exhibit U: Exhibit 112: Exhibit 113: EXHIBIT 114: EXHIBIT IS: EXHIBIT 116: Area Map. (See BOE: 90-060-R file) Plat Map 'bf Jleasant Harbor. (See BOE: 90- 060-R file). Computer Fieldsheet for Subject Parcel. Two page Memorandum dated October 2, 1990 from Assessment Operations Manager Jeff Chapman regarding the basis of evaluation on the subject property. (See BOE: 90-060-R file) Real Estate Excise Tax Form for Comparable #2 (discussed above). (See BOE: 90-060-R file) Real Estate Excise Tax Form for Comparable #1 (discussed above). (See BOE: 90-060-R file) Board Action: The Board took this petition under advisement and will conduct an on-site inspection of the land before making a determination. OTHER BUSINESS OF THE BOARD There being no further business before the Board, the meeting adjourned until October 5, 1990. APPROVED BY: DATE APPROVED :t2.c/~~.,;Y' 2( /,9.7'0 tl-/~ A.C.D SH, CHAIRMAN ATTESTED a~d~ DIERDREI KEE ICE-CHAIRMAN J:J..cJ : . ARCHIE L. ;f tS~ ~ BARBER, JR., ER