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<br /> <br />1820 Jefferson Street <br />P.O. Box 1220 <br />Port Townsend, WA 98368 <br /> <br />James A. DeLeo <br /> <br />William S. Marlow <br /> <br />Richard A. Broders <br /> <br />MINUTES <br />SEPTEMBER 24, 2001 <br /> <br />Richard A. Broders <br />William S. Marlow <br />James A. DeLeo <br /> <br />Chairman <br />Vice-Chairman <br />Member <br /> <br />Chairman Richard A. Broders called the meeting to order at 9:30 a.m. in the presence of Vice-Chairman <br />William S. Marlow and Member James A. DeLeo. <br /> <br />HEARINGS <br /> <br />Owen C. Sawyer <br />1307 Moore Street, #704 <br />Brookings, OR 97415 <br /> <br />BOE: 01-02-R <br /> <br />PN: 931900040 <br /> <br />Mr. Sawyer was not present. Assessor Jack Westerman represented his office and was sworn in by Chairman <br />Broders. The property under appeal consists of a residence located at 251 Windrose Drive, Port Ludlow. The <br />appellant stated on his petition that "This house has been on the market for more than a year with very little <br />activity due to: A large inventory of unsold homes; price competition; and no view (very important). The <br />Assessor's fair value is not consistent with current values." He listed on his petition four sales of comparable <br />property that reflect his valuation estimate of $166,000 ($33,200 for the land and $132,800 for the <br />improvements). The property is currently assessed at $195,600 ($38,500 for the land and $157,100 for the <br />improvements). <br /> <br />Mr. Westerman stated that this property was revalued in 1999. He explained that there are three basic types of <br />houses in Bayview Village where this property is located: The "Wellsboro" which is a 1,716 square foot, one- <br />story house; the "Haddington" which is a 1,876 square foot, one-story house; and the "Shelbourne" which is a <br />two-story house with 2,269 square feet of living space. The appellant's house is a "Wellsboro" and is located at <br />the very end of Windrose Drive. He noted that there are varying degrees of water views. The appellant's view <br />is blocked by an adjacent parcel, so the land value is by far the lowest in Bayview Village Division I. Mr, <br />Westerman presented three sales of comparable property. All were "Wellsboro" houses within Bayview Village <br />Division I. He noted that the actual current assessed value of this parcel is $203,600 rather than $195,600. He <br />explained that the house was originally built with the problematic Louisiana Pacific (L.P.) siding. Since, the <br />L.P. siding was failing on several houses in the Port Ludlow area, the Assessor's office had given an $8,000 <br />adjustment for the negative impact it has on the market value. The appellant has since replaced the L.P. siding, <br /> <br />Phone (3601385-9100 I 1-800-831.2678 Fax (360)385-9382 jeflbocC@co,jefferson.wa,us <br />