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Home My WebLink AboutM081093 Jefferson County Board of Equalization TELEPHONE: 385.9100 COURTHOUSE P.O. BOX 1220 PORT TOWNSEND, WASHINGTON 98368 r--/~( .:::.; ."S ~ .~' ~... . ~'i_ , ,)'t " "',";, e i~:~/)-~~~-:_L---_i'~t:, " - ::j. \ "..:;f.1:,: .. / .~'. ,~.:\ /:'.".' .".t'~ I" 1.. . '."-la.".\ (~ij,( ,) .,..;.L.".:. ..:!;)'~ /c~'l. ,.h-, ~Mt;W". ;.: ,'<, .~..:' ,I,." "." '~". .. "g., h';,'~.;".". ...... ,'~~'.. ,~. ',"k:'.. -.' ". '. '(J!I O:':<f'{::li-ty~___._~'/'-; _, .... 'l:'-, ",!r",;.",~., , '1ll. . - "".:';'; I.~.. -t.~.._' " :._.1... _i;;;: . ',f,'p' ~i~~~'~~' ~~~;.:1~ - ..... ,.~.,,-==--~~-=.~~ JEFFERSON COUNTY BOARD OF EQUALIZATION . -.' MINUTES AUGUST 10, 1993 James A. DeLeo William S. Marlow Richard A. Broders Lars Watson Chairman Vice-Chairman Member Alternate Chairman James A. DeLeo called the meeting to order at 9:30 A.M. Marlow and Richard A. Broders were present. Members William S. APPROVAL OF MINUTES Vice-Chairman Bill Marlow moved to approve the Minutes of July 15, 1993 as presented. Member Dick Broders seconded the motion which carried by a unanimous vote. CERTIFICATION OF THE ASSESSOR'S 1993 ASSESSMENT ROLLS The Board reviewed the Assessor's Cenijicate of Assessment Rolls to the County Board of Equalization subscribed and sworn to before the County Auditor. The total County assessed value as of July 30, 1993 is $1,538,564,745. Vice-Chairman Bill Marlow moved to accept the Assessor's Certificate of Assessment Rolls. Member Dick Broders seconded the motion which carried by a unanimous vote. HEARINGS Lars Erickson P.O. Box 131 Port Townsend, W A 98368 BOE: 93-12-LO PN: 101 324 010 Mr. Lars Erickson was present. Robert Kingsley was present on behalf of the Assessor's office. Chairman James A. DeLeo explained the hearing process and swore them in. Mr. Erickson read a letter he submitted with his petition regarding appraisal review. He feels parcels are unique and have different characteristics which affect the value and therefore, should be valued on an individual basis rather than using the same formula or method for each parcel. He wants an adjustment for excess front footage of 17%-20% for the waterfront and the remaining 5.18 acres to be assessed at $6,000 per acre. .. '-.I 100% Recycled Paper BOARD OF EQUALIZATION MEETING MINUTES - AUGUST 10, 1993 Page 2 Robert Kingsley reported on comparable sales in the area. He stated Mr. Erickson's property is not currently configured as waterfront and back acreage so he doesn't feel it should be valued as such. Mr. Erickson stated that the comparable sales presented by the Assessor's office were sales that took place in 1993. He feels they should use sales that occurred around the time the property was assessed. Mr. Kingsley replied that the comparable sales should be considered since any sale that takes place prior to or after January 1st of the year of revaluation can be adjusted based upon market activity for that local area to show what that sale would have been worth as of January 1st of the year of revaluation. This is known as showing a trend. After hearing the testimony of both parties the Board concurred that they would conduct an inspection of the property and make a determination at a later date. William J. Hixson 833 N. Jacob Miller Road Port Townseod, W A 98368 BOE: 93-14-R 93-15-LO PN: 101 324 018 101 324 017 Mr. and Mrs. Hixson were both present. Robert Kingsley was present on behalf of the Assessor's office. Chairman James A. DeLeo explained the hearing process and swore them in. Mr. Hixson stated that it is inappropriate for the Assessor to use comparable sales that are buildable parcels when a portion of his property is not buildable. Mrs. Hixson stated that the real estate market is depressed and that the Assessor is using figures of what property was worth three years ago. Mr. Kingsley presented comparable sales in the area and stated that one of the sales was made by Hixson's. Mrs. Hixson stated they sold that parcel three years ago and it was in litigation and didn't close until June 1993. The buyer stated he paid to much for the property and did not want to go through with the deal but he had already signed the papers. They received $250,000 for the sale of this parcel but they do not feel they could get the same price now. After hearing the testimony of both parties the Board concurred that they would conduct an inspection of the property and make a determination at a later date. James E. Voiland 861 N. Jacob Miller Road Port Townsend, W A 98368 BOE: 93-18-LO PN: 101 324 009 Mr. Voiland was present. Robert Kingsley was present on behalf of the Assessor's office, Chairman James A. DeLeo explained the hearing process and swore them in. Mr. Voiland stated he appealed his valuation when he learned that nearby property was valued lower than his. Mr. Voiland's property has 180 feet of waterfront and a total of 5.1 acres and is valued more than the other property which has 374 feet of waterfront and a of total of 5.77 acres. He added that the Assessor's records do not accurately reflect the amount of property that is buildable. He calculated approximately 3.7 acres are buildable rather than 5.1 acres. He also noted that the comparable sales used by the Assessor's office are recent sales which occurred in 1993 and are not relevant to his assessment of January 1, 1992 and therefore BOARD OF EQUALIZATION MEETING MINUTES - AUGUST 10, 1993 Page 3 should not be considered. The Assessor's office explained to Mr. Voiland that the other property received a 40% adjustment for the excess front footage. He doesn't feel there should be a reduction for having more waterfront. The more you have, the more valuable it should be. Mr. Kingsley stated the property Mr. Voiland is talking about was valued based on sales of comparable sized property. He presented comparable sales and stated that Mr. Voiland has not presented any sales to support his case. It is appropriate to value waterfront property on a per front foot basis rather than using any other formula. He explained that the excess front footage adjustment is made, on a sliding scale, to waterfront property larger than the average 150 foot parcel. Property with 0-150 feet of waterfront is valued at 100% and any property with more than 150 feet of waterfront is adjusted a certain percentage for the excess front footage. The Assessor uses an excess front footage chart to determine the reduction. There is a percentage reduction for every foot over 150 feet. After hearing the testimony of both parties the Board concurred that they would conduct an inspection of the property and make a determination at a later date. Robert Swan Wodd Gospel Mission P.O. Box 948 Marion, IN 46952-0948 DOE: 93-10-LO PN: 950 700 404 Mr. Swan was not present. Bob Shold was present on behalf of the Assessor's office and sworn in by Chairman James A. DeLeo. Mr. Shold. presented worksheets for the Board to review and reported that 10 comparable lots located across the street from the subject property sold for about $20,000. World Gospel Mission is requesting that their property be reduced to $400 and in April 1992 they sold three lots for $860. Mr. Shold stated that World Gospel Mission currently has these lots listed for sale at $500 each. He feels the assessed value of $3,500 does not accurately reflect the value of the property and suggested that if the Board decides to lower the value of the subject property that they also consider equalizing the similar lots in the area. After reviewing the Appellant's petition and hearing the testimony of the Assessor the Board concurred that an inspection of the property will not be necessary and a determination will be made at a future meeting. MEETING ADJOURNED Willia ~chard A. JEFFERSON COUNTY o .' OF EQUALIZATION &~ DeLeo, Chairman vtA,-~. ~ ~~~h~~ Erin K. Lundgren, Clerk f the Board L......-c