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Home My WebLink AboutM092605 ~\ tQU~e ~~~ C5 ~~ ~~ 9 ~l~ ~'I ~ .- ! \~~~A:~J ~ 1820 Jefferson Street P.O. Box 1220 Port Townsend, W A 98368 James A. DeLeo William S. Marlow Richard A. Broden MINUTES September 26, 2005 William S. Marlow Richard A. Broders James A. DeLeo Chairman Vice-Chairman Member Chairman William S. Marlow called the meeting to order at 1 :00 p.m. in the presence of Vice-Chairman Richard A. Broders. Member James A. DeLeo was absent. DETERMINATIONS Marco A. Sobrino 71 Vista Drive Port Townsend, W A 98368 BOE: 05-10-R PN: 963 700 008 The Board carefully considered the testimony of both parties and conducted a physical inspection ofthe property. It was agreed that while the noise issue presented by the appellant at the hearing is essentially accurate, there have been sales of similar property in the area that are subj ect to the same noise. This indicates that the current assessed valuation represents fair market value. Based on the sales of comparable properties, it is likely that this parcel would sell for the current assessed value if placed on the open market. Thus, the Board is compelled to uphold the Assessor's valuation. Vice-Chairman Broders moved to sustain the Assessor's valuation of$487,685 ($158,750 for the land and $328,935 for the improvements). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19, 2005) William S. Laidlaw 6 Kanu Drive Port Townsend, W A 98368 BOE: 05-11-R PN: 952 700 006 The Board carefully reviewed the information presented by both parties and conducted a physical inspection of the property. Based on sales of comparable properties, the current assessed value represents the fair market value of this parcel if placed for sale on the open market. Thus, the Board is compelled to uphold the current assessed value. Vice-Chairman Broders moved to sustain the Assessor's valuation of $507,450 ($184,000 for the land and $323,450 for the improvements). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19, 2005) Phone (360)385-9100 Fax (360)385-9382 jefibocC@co.jefferson.wa.us . Board of Equalization Minutes - September 26, 2005 Pa/:e2 Cliff Sanderlin & Heather Marks 10522 - 23510 Place SW Edmonds, W A 98020-5732 BOE: 05-16-LO PN: 931700111 After carefully reviewing the information presented by both parties and conducting a physical inspection of the property, the Board determined that the wetland designations and associated wetland buffers adversely affect the value oflots 11 and 12. The Board agrees with the Assessor's Representative that this parcel is not wet and does not appear to be a wetland. However, a reputable consultant prepared a wetland delineation report for the City of Port Townsend which indicates wetland boundaries and buffers on this property, and is assumed to be accurate. The City of Port Townsend, having initiated this wetland delineation report, presumably will use this to regulate by. Based on the Board's site inspection, the City is now opening Cleveland Street and requiring it to be constructed around this "wetland", although the recently installed water line will remain. Therefore, it is likely that lot 12 would not be usable as a building site. Vice-Chairman Broders moved to overrule the Assessor's valuation of $60,000 (land only) and reduce it to $45,000 (Lot 5 $25,000; Lot 11 $10,000; and Lot 12 $10,000). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19,2005) Shirley M. Gardner 13626 NE 102Dd Street Kirkland, W A 98033 BOE: 05-12-LO PN: 001042002 The Board carefully reviewed all the information presented by both parties and conducted a physical inspection ofthe property. It was determined that access issues adversely affect the valuation of this property. Since sales of property with similar problems are rare, a reduction of 50% based on the "Cost of Cure" is applicable and reasonable in this case. Vice-Chairman Broders moved to overrule the Assessor's valuation of $50,000 (land only) and reduce it to $25,000. Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19, 2005) Lawrence & Sheila Kouzes P.O. Box 987 Port Townsend, W A 98368 BOE: 05-18-R PN: 974100602 After carefully considering all the information presented by both parties and conducting a physical inspection of the property, the Board determined that the view blockage issue presented by the appellant is significant and adversely affects the market value of the property. Lacking a more complete analysis of the adverse effect on the valuation, removal of the "+ 10% second-story enhanced view factor" from the land value is warranted and reasonable. Vice-Chairman Broders moved to overrule the Assessor's valuation of $509,005 ($154,375 for the land and $354,630 for the improvements) and reduce it to $495,880 ($141,250 for the land and $354,630 for the improvements). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19, 2005) #' ' Board of Equalization Minutes - September 26, 2005 Page 3 Gerald & Penelope Peabody P.O. Box 1657 Mercer Island, W A 98040 BOE: 05-17-R PN: 989703911 After carefully reviewing all the information presented by both parties and conducting a physical inspection of the property, the Board determined that based on sales of comparable properties, the current assessed valuation represents fair market value. Vice-Chairman Broders moved to sustain the Assessor's valuation $596,345 ($375,000 for the land and 5221,345 for the improvements). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19,2005) Elizabeth North 930 Taylor Street Port Townsend, W A 98368 BOE: 05-13-R PN: 988801405 After carefully reviewing all the information presented by both parties and conducting a physical inspection ofthe property, the Board determined that based on sales of comparable properties, the current assessed valuation represents fair market value. Vice-Chairman Broders moved to sustain the Assessor's valuation of$2l4,305 ($180,000 for the land and $34,305 for the improvements). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19, 2005) Edward & Eileen Barcott 807 Harrison Street Port Townsend, W A 98368 BOE: 05-14-R PN: 965 702 507 The Board carefully reviewed all the information presented by both parties and conducted a physical inspection of the property. Based on sales of comparable properties, the current assessed value represents the fair market value of this parcel if placed for sale on the open market. Thus, the Board is compelled to uphold the current assessed value. Vice-Chairman Broders moved to sustain the Assessor's valuation of $304,685 ($197,500 for the land and $107,185 for the improvements). Chairman Marlow seconded the motion. The motion carried. (See also minutes of September 19,2005) Meeting adjourned. A~EST: " C/ C.,/' { '~., ".' . l L v ~/ ,; / l" LC . /1-<: " \....-/ Erin Lundgren, Clerk fthe B}ard JEFFERSON COUNTY BOARD OF EQUALIZATION t. QP:t.rm~ Richard A. Broders, Vice-Chairman (Excused Absence) James A. DeLeo, Member