HomeMy WebLinkAboutCity Council Minutes 04-08-1998 BOEADOPTED MINUTES
1998 BOARD OF REVIEW
APRIL 8, 1998
The meeting of the Plymouth City Council sitting as the 1998 Board of Review was
called to order by Mayor Tierney at 7:05 PM, in the City Council Chambers, 3400
Plymouth Blvd., on April 8, 1998.
COUNCIL PRESENT: Mayor Tierney; Councilmembers Wold, Johnson, and Bildsoe.
ABSENT: Councilmembers Preus, Spigner and Black.
STAFF PRESENT: City Manager Johnson, Assistant City Manager Lueckert, Finance
Director Hahn, Senior Appraiser Olsson, Commercial Appraiser Zent; Appraisers
Kingsbury, McCormick and Moos; Support Staff Kazimer and Dinsmore; and Deputy
City Clerk Hoffman.
Staff Report
City Assessor Bye introduced the assessing division staff. She said the past year
was another near record—breaking year. Of the 2, 075 building permits issued, 300
were for new homes, while 34 were commercial permits.
She stated that overall market value of the city increased by 8.3%, of which 3.4%
was new construction. She said the average home sale price was $192,800 for
existing homes, while the average sale price of a newly constructed home in 1997
was $296,178.
City Assessor Bye said commercial/industrial property increased an average of
9%. She said the average residential increase was 2%. She said condominium
values increased 3%, and townhouse values increased 2.5%. She stated that
apartment property values increased an average of 13% from the year before, due
to market activity, increase in rents, and the very low vacancy rate in Plymouth.
City Assessor Bye said the 1998 sales study completed by staff and Hennepin
County place Plymouth's overall median ratio at 93.8% on residential properties.
The Hennepin County area—wide ratio on residential properties is 94.0%.
1. Michael and Catherine Misk,1800 Magnolia Lane [26-118-22-32-0029]
Mr. Misk stated that he essentially built his own home, doing most of the
finishing, wiring, and lot—clearing work himself. He said he believed there is a
huge difference between appraised value versus his own estimates of his home
value. He said he based this on the size of the home, its location near high
voltage power lines, high density homes, and Highway 55. He requested
studies of comparable homes to see where his home value figured in.
Adopted Broad of Review Minutes
April 8, 1998
Page 2
2. Gerald and Marjorie Ulmen, 40 Jewel Lane [32-118-22-33-00231 Mr.
Ulmen stated he had asked last year for comparisons with homes like his. He
said he believed no house sold in his area is like his home at that time. He
stated that he had an appraisal for a house like his that sold in November. He
stated that the appraised market value was $154,000, while it sold for
145,000.
3. Art Freitag,17010 Co. Rd. 47 [05-118-22-21-00041 Mr. Freitag said he was
not unhappy with taxes but that he was unhappy with the zoning classification.
He said last year his property was reviewed and designated residential not
agricultural. He said he had a large property area to harvest hay on most of the
non -homesteaded portion of the property except in the wettest of years. Mr.
Freitag said he would provide affidavits for sales of hay to prove that he was
using the land for agricultural cash crop purposes.
At the end of the meeting City Assessor Bye stated that written comments relating
to value were also received. The Council acknowledged receipt of letter from the
following:
Jeff Segal, 11325 42"d Place North [14-118-22-14-00531
Richard Hannah, 16005 45' Avenue N. [17-118-22-11-00481
Carol B. Neumann, 1295 Zircon Lane North [31-118-22-22-00391
Sandra B. Steinman, 12500 45' Avenue N. [11-118-22-33-00561
Doris Campbell, 13902 Sunset Trail [34-118-22-32-00201
The Board of Review was recessed at 7:40 PM and set to reconvene on Wednesday, April
22, at 7:00 PM. Staff was directed to send notice of the reconvene date to each person
who submitted oral or written comments by mail.
Kurt H. Hof.
Deputy City