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HomeMy WebLinkAboutM121907 ~\ tQV41 ~~% a ~~~~ 0 t:Q (I!i ~\) ~ \ / '~v'~~ ~ 1820 Jefferson Street P.O. Box 1220 Port Townsend, WA 98368 James A. DeLeo William S. Marlow Richard A. Broders MINUTES December 19, 2007 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. DETERMINATIONS George & Noele Miller 101 Lake Street S. Kirkland, VVA 98033 BOE: 07-122-R PN: 969 400 020 The Board considered the testimony and information presented by both parties. Based on sales of comparable property in the area, it is found that the current assessment represents fair market value for this parcel. The Board believes the property would sell at the current assessed value if placed on the open market. It is also noted that the amount of the second floor square footage listed in the Assessor's records at 1,680, was found to be correct as that figure includes some additional living space over a garage area. Vice-Chairman Broders moved to sustain the Assessor's valuation of $1,118,085 ($611,500 for the land and $506,585 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10, 2007) Daniel S. Toepper 1921 Swansonville Road Port Ludlow, W A 98365 BOE: 07-120-R PN: 821053021 The Board considered the information presented by both parties. Based on sales of comparable property, it is found that the current assessment represents fair market value of this parcel. Vice-Chairman Broders moved to sustain the Assessor's valuation of$147,400 ($56,100 for the land and $91,300 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10, 2007) Phone (360)385-9100 Fax (360)385-9382 jeflbocC@co.jefferson.wa.us Board of Equalization Minutes - December 19, 2007 Paj(e: 2 Richard B. Toepper 1961 Swansonville Road Port Ludlow, W A 98365 BOE: 07-151-R 07-152-R 07-153-LO PN: 821053016 821 054 001 821053008 The Board considered the testimony and information presented by both parties. Based on sales of comparable property, the current assessed values represent the fair market value of these parcels. Vice-Chairman Broders moved to sustain the Assessor's valuation of the three parcels as follows: Parcel No. 821 053016 821 054001 821 053 008 Assessor's Valuation $121,955 ($97,480 for the land and $24,475 for the improvements) $220,260 ($134,665 for the land and $85,595 for the improvements) $67,625 (land only) Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10, 2007) Suzan Amundsen P.O. Box 10726 Fairbanks, AK 99710 BOE: 07-182-LO PN: 977700035 The Board considered the testimony and information presented by both parties. Based on sales of comparable property in the area, it is found that the current assessment reflects the fair market value of this parcel. Vice-Chairman Broders moved to sustain the Assessor's valuation of$312,135 ($311,135 for the land and $1,000 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10, 2007) Nancy H. Koch 263 Old Oak Bay Road Port Hadlock, W A 98339 BOE: 07-191-R PN: 921182015 The Board considered the testimony and information presented by both parties. Based on sales of comparable property, the current assessed value represents the fair market value ofthis parcel. The averaging methodology was not deemed applicable in establishing the market value of any individual parcel. Vice-Chairman Broders moved to sustain the Assessor's valuation of $517,785 ($265,000 for the land and $252,785 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10,2007) Board of Equalization Minutes - December 19, 2007 Paj(e: 3 Margaret H. Burrell 2312 Hood Avenue #A Richland, W A 99854 BOE: 07-87-LO 07-88-LO PN: 994000074 994 000 004 The Board considered the testimony and information presented by both parties. Based on sales of comparable property, it appears that the current assessed value represents the fair market value of these parcels. Vice-Chairman Broders moved to sustain the Assessor's valuation of the two parcels as follows: Parcel No. 994 000 074 994 000 004 Assessor's Valuation $47,150 (land only) $20,600 (land only) Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10, 2007) William R. Allyn, Trustee W.R. Allyn Living Trust 387 Old Oak Bay Road Port Hadlock, W A 98339 BOE: 07-213-R PN: 921182025 The Board considered the testimony and information presented by both parties. Based on sales of comparable property, it appears that the current assessed value represents the fair market value of this parcel. Several sales were presented by the appellant, however, they were found not to be comparable to the appellant's property in various respects, such as medium to high bank vs. low bank, larger in size, and sales of property that are not waterfront. Vice-Chairman Broders moved to sustain the Assessor's valuation of $659,745 ($259,300 for the land and $400,445 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10,2007) Randy & Lona Royer P.O. Box 65496 Port Ludlow, W A 98365 BOE: 07-214-R PN: 978900113 The Board considered the testimony and information presented by both parties. Based on sales of comparable property, it appears that the current assessed value represents the fair market value of this parcel. This property was found to have some issues with the quality ofthe site, however, the Assessor's reduction of25% for "site quality" adequately addresses that issue. Lacking specific evidence shmving this issue has a further negative impact on the market value of this property, the Board is compelled to uphold the current assessment. Vice-Chairman Broders moved to sustain the Assessor's valuation of $489,125 ($310,000 for the land and Board of Equalization Minutes - December 19, 2007 Paj(c:4 $179,125 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 10, 2007) David & Joy Amos 1871 Swansonville Road Port Ludlow, WA 98365 BOE: 07-63-LO 07-64-R 07-65-R PN: 821 053 001 821 053 017 821 053 018 The Board considered the testimony and information presented by both parties. Based on sales of comparable property, it appears that the current assessed value represents the fair market value of these parcels. The issue regarding parcel #821 053 00 I being land-locked was not substantiated by documented evidence. In fact, testimony was given that there is an easement and access from other property owned by the appellant. With regard to parcel #821 053018, the fact that the utilities are provided through the adjacent parcel does not warrant a reduction in value. Vice-Chairman Broders moved to sustain the Assessor's valuation of the three parcels as follows: Parcel No. 821053001 821053017 821053018 Assessor's Valuation $108,000 (land only) $270,785 ($174,805 for the land and $95,980 for the improvements) $135,165 ($88,720 for the land and $46,445 for the improvements) . Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 13, 2007) Roger & Mary Lou Struthers 328 Olympus Blvd. Port Ludlow, W A 98365 BOE: 07-124-R PN: 978900114 The Board considered the testimony and information presented by both parties. According to the appellant, 30% of the property is unusable due to drainage issues. The property is also affected by septic system restrictions that resulted in the County requiring the construction of a rock wall which limited the use of the driveway and eliminated the use ofthe south side of the garage. Currently, the Assessor's office is applying a 25% reduction to the base land value for site quality. Without specific market evidence showing that these issues have a further negative impact on the market value ofthe property, the Board finds that the Assessor's reduction of25% adequately addresses these issues. Vice-Chairman Broders moved to sustain the Assessor's valuation of$573,465 ($310,000 for the land and $263,465 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 13, 2007) Board of Equalization Minutes - December 19,2007 Paj(e:5 Archie & Suzanne Charawell P.O. Box 65026 Port Ludlow, W A 98365 BOE: 07-125-LO PN: 978 900 060 After considering the testimony and information presented by both parties, the Board concurred to reduce the value ofthis parcel by 50% due to lack of usability. Vice-Chairman Broders moved to overrule the Assessor's valuation of $20,000 (land only) and reduce it to $10,000. Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 13,2007) Jo Ann Jackson 1150 _17'h Avenue E. Seattle, W A 98112 BOE: 07-134-LO PN: 952200003 The Board considered the testimony and information presented by both parties. It is noted that the Assessor's representative presented two sales of comparable property that also do not have water. Both properties were "double sales" meaning that they have sold twice since the last revaluation conducted four years ago. Based on these sales of comparable property, it is found that the current assessment reflects the fair market value of this parcel. Vice-Chairman Broders moved to sustain the Assessor's valuation of $292,710 ($291,910 for the land and $800 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14,2007) Russell E. Ritter, Trustee Ritter Family Living Trust 401 Old Oak Bay Road Port Hadlock, W A 98339 BOE: 07-137-R PN: 921183017 The Board considered the testimony and information presented by both parties. Based on sales of comparable property in the area, it is found that the current assessment reflects the fair market value of this parcel. A reduction in value to reflect the "average" sales price increase since 2004 is not applicable on an individual parcel basis. Vice-Chairman Broders moved to sustain the Assessor's valuation of$504,375 ($327,100 for the land and $177 ,275 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14, 2007) Kenneth & Jeanne McMillen McMillen Family Trust 1734 Oak Bay Road Port Hadlock, W A 98339 BOE: 07-138-LO 07-139-R PN: 921073020 921182 006 Board of Equalization Minutes - December 19, 2007 Page: 6 The Board considered the testimony and information presented by both parties. Parcel #921 073 020 is significantly affected by geological issues, however, lacking any specific reduction factors, the Board feels the 50% reduction in value already being given by the Assessor's office adequately addresses those issues. Vice-Chairman Broders moved to sustain the Assessor's valuation of$139,500 (land only) for parcel #921 073 020. Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14, 2007) The Board concurred to reduce the land value of parcel #921 182 006. Based on a survey provided by the appellant, it was determined that the waterfront footage is actually 180 feet rather than 200 feet. Vice-Chairman Broders moved to overrule the Assessor's valuation of parcel #921 182006 and reduce only the land value from $247,500 to $228,000 for a new total valuation of$289,510. The improvement value of$61,510 remains unchanged. Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14, 2007) Robyn & Emery Walters 126 Deer Hollow Circle Port Ludlow, WA 98365 BOE: 07-121-R PN: 948200019 The Board considered the information presented by both parties. Based on sales of comparable property in the area, it is found that the current assessment reflects the fair market value of this parcel. Testimony provided by the Assessor's representative at the hearing revealed that the sale of lot 21 is not a good comparable because it was a "distressed sale" which is why it sold below fair market value. Vice-Chairman Broders moved to sustain the Assessor's valuation of $497,495 ($210,000 for the land and $287,495 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14, 2007) David & Jerilyn Reid 1331 E. Ludlow Ridge Road Port Ludlow, W A 98365 BOE: 07-127-R PN: 821103010 The Board considered the testimony and information presented by both parties. Based on sales of comparable property in the area, it is found that the current assessment reflects the fair market value of this parcel. Two of the comparable property sales presented by the appellant were not recent sales and do not reflect the market value as of the January 1,2007 assessment date. It is noted that the Assessor's office has already given a 15% reduction off the land value for the lack of usable area on the property. Without specific market evidence showing a further reduction in value is warranted, the Board finds that the amount of the reduction given by the Assessor's office adequately addresses this issue. Vice-Chairman Broders moved to sustain the Assessor's valuation of$882,860 ($435,000 for the land and $447,860 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14,2007) Board of Equalization Minutes - December 19, 2007 Paj(e: 7 Rose Marie Holden & WarreD K. Broberg 102 Edgewood Drive Port Ludlow, W A 98365 BOE: 07-103-R PN: 948200001 The Board considered the information and testimony presented by both parties. Based on sales of comparable property in the area, it is found that the current assessment reflects the fair market value of this parcel. State law requires the Assessor to value property at 100% of its fair market value. The applicant contends a "loss of view", however, the Assessor's representative testified at the hearing that the property is not being assessed as a "view lot". The Board also finds that the easement on the edge of the property does not significantly affect the value of the property. Vice-Chairman Broders moved to sustain the Assessor's valuation of$531,535 ($210,000 for the land and $321,535 for the improvements). Member DeLeo seconded the motion which carried by a unanimous vote. (See also minutes of December 14,2007) Vice-Chairman Broders moved to adjourn the meeting until 10:30 a.m. Thursday, December 20,2007. Member DeLeo seconded the motion which carried by a unanimous vote. JEFFERSON COUNTY BOARD OF EQUALIZATION I' -- William S. Marlow, Chairman ~4~~ Richard A. Broders, Vice-Chairman ( 'LO e e&tWLt! ) James A. DeLeo, Member