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<br />. <br /> <br />, <br /> <br />JEFFERSON COUNTY BOARD OF EQUALIZATION <br /> <br />A.C. Dalgleish <br />David G. Douglas <br />Archie Barber, Jr. <br /> <br />Chairman <br />Vice-Chairman <br />Member <br />Alternate <br /> <br />MINUTES <br /> <br />30 SEPTEMBER 1987 <br /> <br />Meeting was called to order at 9:00 A.M. all Board Members and Clerk were present. <br /> <br />BOE-87-026-LO - Parcel # 821-333-016 - The Board inspected this parcel at 12:25 P.M. <br />on 09-09-87 and confirmed that the purported development is still inactive, at it <br />has been for several years. Only one comparable (development Lot 1, Tax Lot 34) has <br />been sold -- for $7,000 in 1981. All other lots tn the development not sold at this <br />time. One parcel (Tax 37) has improvements on it. <br /> <br />The Board concluded that the three tax lots sold <br />all be reduce to $3,000 valuation. <br /> <br />Tax 33 Parcel #821-333-012 petition BOE-87-096-LO <br />Tax 34 Parcel #821-333-016 Petition BOE-87-026-LO <br />TCH< 36 Parcel #821-333-017 Petition BOE-87-097-LO <br /> <br />but without improvements should <br /> <br />$3,00Q <br />3,000 <br />$3,000 <br /> <br />BOE-87-030-LO - Parcel # 413-273-002 - The Board made no inspection of ttiis parcel. <br />The Board made an investigatton of the .~xhibi,ts provided by the petitioner (See <br />minutes of 08-10-87' hearing) as well as reviewing the nistory and documentation <br />supporting a hearing, appeal and court review on Parcel #413-272-001, 002 and 003 <br />which too place in 1980 (a properties just north of the subject parcel on the paci.fic <br />Coastal Beach) It is clear that the valuation process then used -- $275 pert-r~rlt- Foot <br />less 50% for excessive frontage and less 20% for economic impact of the 1976 zoning <br />Ordinance -- could and should be used in determintng an adjustment for equity in valuation. <br /> <br />The Board took action to reduce the land valuation on the subject parcel as follows: <br /> <br />1220 Front Feet x 275 = ------------------------ <br /> <br />Less 50% Excess Frontage adjustment 50% of 335,500 <br /> <br />Less 20% Ordinance Economic Impact: 20% of 335,500 <br /> <br />Plus well improvement <br /> <br />TOTAL ADJUSTED VALUATION <br /> <br /> $ 335,500 <br />= 167,750 <br />" 67,100 <br />= + 1,000 <br />" $ 101,650 <br /> <br />BOE-87-082-LO-Parcel # 921-194-028 - The Board inspected this parcel at 10:35 A.M. <br />on 09-02-87. It was noted that natural drainage collected in a swail through the <br />southern half of the lot and was retained by the fill of Oak Bay Road. It was <br />determined that therE: is a well in the upper northwestern corner of the lot near the <br />access driveway to the lot above. It would have to be determined whether there is <br />area for a septic system in the lot. <br />The Board approved 27% reduction in the assessed value of the lot because of <br />topography,drainage and potential septic system problem. <br /> <br />BOE-87-081-R-Parcel #821-262-003: The Board made an inspection of this parcel at <br />10:00 A.M. on 09-02-87. It was determined that the 200 front foot, relatively low <br />bank lot facing Hood Canal has the depth and terrain to support the development of a <br />second home. The current revaluation considered that the solid brtck veneered home <br />is of average quality construction and is currently 80% complete, <br /> <br />The Board considers that the land valuation (200 FF x 350 = $70,000) <br />less 5% for excess (-$3,500) plus Tidelands (200 FF x $10 " 2,000) <br /> <br />plus $1,000 for land improvements for a total of $69,500 should be Sustained. <br />The building improvements of 1748 sq ft. upper floor at$40.00 per Sq. Ft = <br />