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HomeMy WebLinkAboutCity Council Minutes 04-09-1997 BOEMINUTES 1997 BOARD OF REVIEW APRIL 9, 1997 The meeting of the Plymouth City Council sitting as the 1997 Board of Review was called to order by Mayor Tierney at 7:00 p.m., in the City Center, 3400 Plymouth Blvd., on April 9, 1997. COUNCIL PRESENT: Mayor Tierney; Councilmembers Bildsoe, Wold, Johnson, Preus, Spigner, and Black. ABSENT: None. STAFF PRESENT: City Manager Johnson, Assistant City Manager Lueckert, Finance Director Hahn, Senior Appraiser Olsson, Commercial Appraiser Zent; Appraisers Kingsbury and McCormick; Support Staff Kazimer and Dinsmore; and Deputy City Clerk Hoffman. Staff Report Commercial Appraiser Zent introduced the assessing division staff. He said the past year was a busy one for the Assessing Division with more 2,200 building permits issued. He said 419 of those were for new homes. He stated that there were 25 new commercial/industrial buildings, and approximately 200 other building permits issued to commercial/industrial properties. He stated that overall market value of the city increased by 9.8%, of which 3.7% was new construction. He said of the approximately 1,700 residential home sales in the city, 1,097 were of existing homes. He said the average home sale price has increased in value 13.6% in the last two years. The average sale price of a newly constructed home in 1996 was $243,100. He said recent sales of lots and vacant land indicate a total aggregate increase of 10% in land value. Commercial/industrial zoned land was reviewed and appraised for 1997, and received a larger than typical increase, an average of 12%. He said the average residential increase was 3.4%, with the range running from slightly below a 3% increase to an excess of 11%. He said most condominium and townhouse values increased approximately 4%. He said the increases were based upon completing sales ratio studies within each individual area. Commercial Appraiser Zent stated the 1997 sales study completed by staff and Hennepin County place Plymouth's overall median ratio at 93.5% on residential properties and 93.7% on commercial/industrial properties. Hennepin County area wide ratio on residential properties is 93.8%. Board of Review April 9, 1997 Page 2 Van Cardashian, 1015 Ives Lane [35-118-22-21-0006] Mr. Cardashian commented that has home value has increased only $2,000 in three of four consecutive assessments, but in the fourth, for 1997, the appraised value increased. $8,000 He said it is an old house and is deteriorating, and he can't understand the increase in appraised value. Mrs. Cardashian said the home is on a dead end street, behind the Honeywell offices, south of Highway 55. She stated that families with children would not be interested in such a home Alvin Hohbein,1020 Ives Lane [35-118-22-21-0002] Mr. Hohbein reiterated the statement of the Cardashians. He said his property appraisal seems unrealistic when viewing the neighborhood properties. He said that unless a lot of work is done, the homes don't hold their value. Susan Stavenau,12435 44' Avenue North [14-118-22-22-0070] Mrs. Stavenau said she lives in the Swan Lake development in a house she and her family purchased in 1994. She reported there has been chronic flooding and water damage done since they moved in, and her children have been made ill by the molds and mildew prevalent in the home. She stated 45 contractors have given estimates on repairs to correct the problem, and an engineer had estimated a cost of $140,000 to complete the repairs. She said asking for an adjustment since on their appraisal since they didn't get the value of the house they paid for. She said they were still residing in the house, but with windows open all year round, and air filters in operation all the time. She stated that last year the value was reduced by about $10,000. Carol Burgess, 1670512'h Avenue North [32-118-22-21-0059] Mrs. Burgess presented past tax statements and the invoice for the sale of her house. She said she had appraisals of comparable homes around her neighbor hood north of Gleason Lake. She said the property had been a part of the next lot, and divided into two, to be designated a lakeshore property, but, she said it is not accessible to the lake. She said the appraised value is around $150,000 more than she paid for it, and it is not worth the increased appraised value. At the end of the meeting Commercial Appraiser Zent stated that written comments relating to value were also received. The Council acknowledged receipt of letter from the following: Jane Krzesowiak,14725 32"d Avenue North [21-118-22-13-0064] Gerald Ulmen, 40 Jewel Lane [32-118-22-33-0023] Ronald and Beverly Hoffman, 1630 Olive Lane [30-118-22-41-0038] Gordon Anderson, 15155 381'' Avenue North [16-118-22-31-0015] Brad Haigh, 3780 Rosewood Lane [15-118-22-44-0041] Max Daubenberger,16820 481h Avenue [17-118-22-21-0012] Board of Review April 9, 1997 Page 3 James Williams,12825 43' Avenue North [15-118-22-11-0027] Bella Shagalov, 205 Quaker Lane [36-118-22-43-0004] Kris Paddock, 2700 East Medicine Lake Blvd. [24-118-22-34-0008] Ronald and Deb Rousu,1630 Fountain Lane [29-118-22-31-0049] Leland and Doris Campbell, 13902 Sunset Trail [34-118-22-32-0020] Di Weng and Xiaoning Li, 11290 50' Place N. [11-118-22-14-0009] Phillip Klone,18700 28`h Avenue North [19-118-22-33-0026] Pat Alagna,1529 West Medicine Lake Drive [26-118-22-42-0002] Red Roof Inn, 2600 Annapolis Lane [22-118-22-34-0020] TLC Polyform, Inc., 1055 15th Avenue N. [27-118-22-44-0039] The Board of Review was adjourned at 7:45 p.m. and set to reconvene on Wednesday, April 23, at 7:00 p.m. Staff was directed to send notice of the reconvene date to each person who submitted oral or written comments by mail. The Mayor reconvened the Board of Review at 7:50 p.m. and The Council acknowledged receipt of letter from the following: Oakwood Investments, 1305 —1405 Olive Lane N. [27-118-22-44-0039] The Board adjourned at 7:51 p.m. to reconvene on Wednesday, April 23, at 7:00 p.m. Kurt H. Hof: Deputy City