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HomeMy WebLinkAboutM052197 Jefferson County Board ot Equalization , :.1, ,s!'~~:;;: 'C' TELEPHONE: 385.9100 Stili";~ I~ ~I COURTHOUSE ..c',(:'lic 1. i ,h. ~ I '1 ~~" (;,.~ P.O. BOX 1220 c' {. '- ,:.: -' PORT TOWNSEND, WASHINGTON 98368 :'/~f'"<' ,~'!. "", ~. . JEFFERSON COUNTY BOARD OF EQufJil~@!~~'t;s,L' .~. MINUTES <~_s.="'_~.~=_ - MAY 21, 1997 William S. Marlow Richard A. Broders James A. DeLeo Chairman Vice-Chairman Member Chairman William S. Marlow called the meeting to order at 9:30 a.m. in the presence of Vice- Chairman Richard A. Broders and Member James A. DeLeo. 1995 RECONVENING Chairman Marlow stated that the Washington State Department of Revenue has granted the Board of Equalization the authority to reconvene for the purpose of taking testimony on an appeal of the Board of Equalizations' determination to equalize property during their 1995 season. Daniel & Ann Klemp 67 Irving Road Eugene, OR 97404 PN: 998 700 036 The appellants were not present. Robert Kingsley was present on behalf of the Assessor's office and was sworn in by Chairman Marlow. The property under appeal is located on Marrowstone Island. Mr. Kingsley explained that during a 1995 appeal hearing held for David Garing, owner of property neighboring the Klemp's property, it was discovered that the Assessor's office had made an error which resulted in the Klemp's property being undervalued. In order to establish equity among all the property owners in the area, the Board of Equalization upheld the Assessor value of Mr. Garing's property and equalized the Klemp's property by increasing the value, Mr. Garing appealed his case to the State Board of Tax Appeals which reversed the local Board's decision and reduced the value of his property. Since the State Board of Tax Appeals is not charged with insuring equity, there is once again, an inequity among property in this area. Once the approval for the hearing was granted, Mr. Kingsley spoke with Ms. Klemp regarding wet areas on the property, Mr. Kingsley presented an alternate method for valuing the property which reflects an adjustment of -25% for the wet areas. The alternate method is a way of addressing the problem and after conducting an inspection of the property the Board may want to modifY the -25% adjustment to better reflect the market value of the property. The Board concurred to conduct an inspection of the property and make a determination at a later date. Hearing no further testimony, Chairman Marlow closed the hearing. .. '-J 100% Recycled Paper BOARD OF EQUALIZATION MINUTES - MAY 21,1997 Page 2 1996 RECONVENING Chairman Marlow stated that the Board of Equalization is reconvening on its own authority to hear two (2) appeals concerning the review of real property valuation determination of the Assessor's office, pursuant to WAC 458-14-127 RECONVENED BOARDS-AUTHORITY (1)(c) which states Boards of Equalization may reconvene on their own authority to hear requests or appeals concerning the current assessment year when the request or appeal is filed with the Board by April 30 of the year immediately following the Board's regularly convened session when a bona fide purchaser or contract buyer of record has acquired an interest in real property subsequent to the first day of July of the assessment year and the sale price was less than ninety percent of the assessed value. Scott & Suzanne Ohman 90 Camano Lane Port Ludlow, WA 98365 PN: 990600233 The appellants were not present. Dennis Pownall was present on behalf of the Assessor's office and was sworn in by Chairman Marlow. The property under appeal is located in Port Ludlow. Mr. Pownall stated that the assessed valuation of this parcel is $135,845 ($26,000 for the land and $109,845 for the improvements) and the appellants purchased it in September of 1996 for $120,000. The Assessor's office does not know why the property sold for such a considerably lower amount, and attempted to contact both the buyer and seller to get more information, but was unable to make a connection with either party. Mr. Pownall added that no one was home when he appraised the property so there is no way of knowing the interior condition of the home and if that may have had some bearing on the purchase price. He stated that it is also unknown whether or not this was an arms-length transaction which is defined as when a buyer and seller seek to maximize their positions. Out of six sales which occurred in the area, two sold for less than the assessed value, the Ohman's property and a parcel ofland with no improvements. The Board concurred to conduct an inspection of the property and make a determination at a later date. Hearing no further testimony the Chairman closed the hearing. Terry and Julie Middaugh 7002 E. Chattaroy Road Chattaroy, WA 99003 PN: 951 000204 The appellants were not present. Bob Shold was present on behalf of the Assessor's office and was sworn in by Chairman Marlow. The property under appeal is located off of Highway 101 in the west end of Jefferson County. Mr. Shold stated that this property was revalued in 1996 for $345,770 ($207,995 for the land and $137,775 for the improvements). There were two sales in the area that were used as a basis for the revaluation. The appellants purchased the property in August of 1996 for $250,000 which is substantially less than the assessed value. Preliminary research indicates that there is nothing abnormal about the sale. The Board concurred to conduct an inspection of the property and make a determination at a later date. Hearing no further testimony the Chairman closed the hearing. BOARD OF EQUALIZA nON MINUTES - MAY 21, 1997 Page 3 APPROVAL OF MINUTES The Board concurred to approve the minutes of this date upon their completion and review. There being no further business before the Board of Equalization, the meeting was adjourned. Attest: 0.-L;/00. ,41-/U:~~ Erin K. Lundgren, Clerk of the Board JEFFERSON COUNTY BOARD OF EQUALIZATION . t.--- i;~~arl w\hairman Richard A. Br ers, Ice-Chairman ~t&!f:o~b~