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Home My WebLink About23-41-R Sally and Gerald Allen Jefferson County Board of Equalization Board Clerk's Record of Hearing Petition No: 23-41-R Taxpayer's Name: Sally and Gerald Allen Mailing Address: 64 Anchor Lane City: Port Ludlow State: WA Zip Code: 98365 Taxpayer's Parcel No: 968 900 003 Hearing Was Held On: 3/26/24 Board Members Present: Chair Margaret Taylor, Vice Chair Pete Raab, Joe Langjhar, Joni Blanchard Decision of Board: Value Sustained: Value Changed From: $696,701 To: $680,000 Other: The Board of Equalization determined that the appellants provided present Clear, cogent, and convincing evidence, and finds that the valuation of the Parcel is $680,000 ($91,000 for the land and $589,000 for improvements). Recorded on Tape No: Zoom recording 03/26/24 Hearing Began at (time): 9:33 a.m. Ended at (time): 10:00 a.m. to ` t (a..02,44 Chairperson r Authorized Design Date To ask about the availability of this publication in an alternate format for the visually impaired, please call (360) 705-6715.Teletype(TTY) users may use the Washington Relay Service by calling 711. For tax assistance, call (360)534-1400. REV 60 0002(10/25/22) Department of Revenue Washington State Order of the I ►EFFFRSON Form 64 0058 County Board of Equalization Property owner: Sally H.&Gerald L.Allen Parcel number(s): 968900003 Assessment year: 2023 Petition number: BOE 23-41-R Date(s)of hearing: March 26,2024 Having considered the evidence presented by the parties in this appeal,the Board hereby:VI sustains I. loverrules the determination of the assessor. Assessor's true and fair value BOE true and fair value determination Land $95,000.00 Land $91,000.00 171 Improvements $ rn 601,701.00 1 I Improvements $589,000.00 P1Minerals $ Minerals $ 1 Personal property $ Personal property $ Total value $696701 Total value $ 680000 This decision is based on our finding that:(if more space is needed use pages 2& 3) Under appeal is the value of residential property located at 64 Anchor Lane,Port Ludlow,WA.The Appellants value the property at$680,000($91,000 for the land and$589,000 for the improvements). Appellants'Arguments and Evidence:The Appellants stated that they purchased the property on January 26,2023 at a fair market value of$680,000.This is within a few weeks of the assessment date of January 1, 2023. They also stated that they never met the sellers and had no relationship with them.While Appellants offered no comparable property sales,they did reference other sources such as Zillow. (cont.on next page) Dated this 1 day of apiit , (year) Chairperson's signature: Clerk's signature: NOTICE This order can be appealed to the State Board of Tax Appeals by filing a formal or informal appeal with them at PO Box 40915,Olympia, WA 98504-0915 or at their website at within thirty days of the date of mailing of this order.The appeal forms are available from either your county assessor or the State Board of Tax Appeals. To ask about the availability of this publication in an alternate format for the visually impaired,please call 360-705-6705.Teletype(TTY)users may use the WA Relay Service by calling 711. REV 64 0058(1/16/24) Page 1 • (Ry+n„e„t d Order of the County Board of Equalization Revenue wash^Cm Some This decision is based on our finding that: (continued) Assessor's Arguments and Evidence:The Assessor's Representative offered five comparable recent sales to Justify the assessed value. He also noted that the property was listed for sale in October,2022 for$775,000 and the asking price was lowered to S699,700 in January, 2023,after which the Appellants purchased the property.While the Assessor's Representative offered no evidence that the Appellants'purchase price was not an arms length transaction,he did note that the seller's address was in Post Falls, ID. Decision:Washington law requires that the Board of Equalization presume the Assessor's valuation to be correct unless the Appellant presents clear,cogent,and convincing evidence to the contrary.After consideration of the ! arguments and evidence presented by the parties,the Board concludes that the Appellants'purchase on January 26, 2023 was an arms length transaction and further believes that the Appellants'purchase price of$680,000 made within a few weeks of the assessment date reflects the market value of the property as of January 1,2023.The Board finds that the Appellants did present clear,cogent,and convincing evidence necessary to overcome the presumptive correctness of the valuation established by the Assessor.The Board finds that the valuation of the Parcel is$680,000(S91,000 for the land and$589,000 for the improvements). • REV 64 0058(1/16/24) Page 2 Jefferson County Board of Equalization Petition No: 23-41-R Taxpayer: Sally and Gerald Allen Parcel No(s): 968 900 003 Hearing date: 03/26/24 • • • SIGN IN PLEASE Please Print ALL Information Full Title NAME Of You Are An Agent or (Full Legal Name) Representative, Identify The Person(s) or Organization You Represent.) Taxpayer Print and then sign your name(s) below: • Sally and Gerald Allen Attended virtually Assessor Printand then sign your name(s) below: 14yle 1-larr1' on s Observers Print and then sign your name(s) below: To ask about the availability of this publication in an alternate format for the visually impaired, please call (360)705-6715. Teletype(Try)users may use the Washington Relay Service by calling 711. For tax assistance, call (360)534-1400. REV 64 0064e(10/25/22)