04-30-2008 CC MIN JT BOA - Laserfiche WebLink

Home Browse Search

Board ofAppeal ani EquaEzation Minutes April 30, 2008 Page 4 PARCEL 75-585-0650 TO $265,000. MOTION CARRIED 4-1. Councilmen her Zenvas opposed. . Kathleen N le/Matthew H l eso ., Parcel Identification Number 75-701- 0101 Ms. - 01 - Ms. Nagle indicated that the estimated x axket value for her townho e is $174NO. She stated that the townhome Nvas appraised in e ruaq 2008 at $147,000 and she would 1, ;:e the market value reduced to reflect that appraisal. Ms. Quina reviewed comparable sales that fell between the October 1, 2006 to September 0, 07 t' e came and the lowest comparable sold for $166,900. She noted that d -le entire plat was reduced last year. CounciLme -nber Morin questioned if distressed saps are excluded from the Est of saps. Mr. l rlt ec dicated that dlstressed saps a -re not considered arms length saes; therefore, b statue are not included in the 310 sales used as a deter�a on of market value. N1r. Int eck explained that adjustments will, need to be made across the hoard next year in order to respond to market changes. MOVED BY COUNCILMEMBER ZERWAS AND SECONDED BY COUNCILMEMBER FARBERTO IYLkKE NO CHANGE TO THE ESTIMATED VALUE OF PARCEL 75-701-0101. MOTION CARRIED -0. . Cliff Lundberg, Parcel Identificanion Number 75-404-0202 1\11x. Lundberg stated that his parcelxcreased mi value by % and he feels that is ars extreme increase and he would n- the value to be held at the 9.007 rate o K3M Ms. Quina explain ed that Mr. Lundberg's prop erty was part o f the reassessed. area In 2007 and .when she was entering data into the computer she noticed teat the price per square foot had been entered Inco recdy years ago. She stated that she corrected the error to be consistent %with the gest of die residential schedule. Ms. Qumi n reviewed comparable sales. MOVED BY COLTNCILMEMBER ZERWA.S AND SECONDED B COUNCILMEMBER FARBERTNO CHANGE TO THE ESTIMATED VALE OF PARCEL 75-404-0202. MOTION CRIED -0. 0. Brad Shepard, Parcel Identification Number 75-766-0140 Mx. and Tivfxs. Shepard explained that the current value of their honne i $1,039,700 and they believe that is excessive. Ms. Quinn stated that she has made multiple attempts but has been unable to enter the property to conduct an appraisal. Ms. Quinn explained tliat when access is not allowed she must make assumptions on quality and con trucdon in order to value the home. Ir. %rit ec . i dicated that by statute the board cannot act on this parcel until access has been granted.