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HomeMy WebLinkAboutCity Council Minutes 04-13-1992 BOEMINUTES PLYMOUTH BOARD OF REVIEW APRIL 13, 1992 The Plymouth City Council, sitting as the 1992 Board of Review, met on Monday, April 131 1992, in the City Center Council Chambers, 3400 Plymouth Blvd. Mayor Bergman called the meeting to order at 7:00 p.m. PRESENT: Mayor Bergman, Councilmembers Edson, Helliwell, VI-Asilied ABSENT: Councilmember Tierney STAFF PRESENT: City Manager Willis, Finance Director Hahn, City Assessor Hovet, and City Clerk Rauenhorst Mayor Bergman introduced members Assessor Hovet, Senior Appraiser Olsson, and McCormick. of the Assessing Division staff: Bye, and Appraisers Carroll, Mayor Bergman explained the parpose of ttte meeting is to allow property owners to appeal their estimated market value or property classification.. All public input will be received and referred to staff for review and response. The Board will consider the staff's report at a reconvened session. Roger Benson, 11115 52nd Avenue North, addressed the Council regarding his property at 15609 27th Avenue North (21-118-22-33- 0150). This is a townhouse in Shenandoah Estates, and he objected to the increase in assessed value to $64,400 from 59,500 in 1991. He stated his mortgage company believes the market value is between $55,000 and $60,000. He recently repurchased the property from the mortgage company for $60,000 after a "friendly" foreclosure process. The mortgage corpany had been unable to cell the property for the listed price of $60,000. Mr. Benson stated hi.9 value scould be similar to the townhouse unit at 15611 27th Avenue North which is identical in size and furnishing. He had aeard that this unit had been empty for some time and last sold it 9arly 1991 for $56,000. His value should also be lowered because his townhouse unit is an interior unit and t.ae end units are selling faster and for a higher price. He feels the value of the outer units skews the value of the interior units. John Rapson, 14405 44th Avenue North, (16-118-221-11 0033), stated his assessed value has been increased to $173,200 tot 1992. He presented an appraisal which was computed on April 5 for refinancing purposes which values hie property at $155,000. Mr. Rapson stated a home in his neighborhood, constructed by the same builder, sold for $147,500 last nonth His property has a three season porch, but that property has a three -car garage compared to his double garage. He asked that his value be lowered. Plym-uth Board of Review April 13, 1992 Page 2 Doug Farrow, 700 Olive Lane, (31-118-22-14-0039), stated he purchased his property for $278,000 in February, 1992. The current assessed value is $281,100. His home is in a new neighborhood ar.-i most of the homes have sold over the last year for 98 percent or less of their assessed value. His home is assessed at 103 percent of his purchase price. He requested that his value be lowered to 98 percent of his purchase price. Jerry Grabowski, 5660 Pineview Lane, (02-118-22-32-0018), requested that his value be lowered to the latest county appraisal of his property - $315,000. The 1992 assessed value placed by the City is S351,700. Jerry Theis, 16800 Highway 55, (17-118-22-31-0001), requested that the value of the rental farmhouse on the north side of Dundee Nursery be lowered. He stated that since the farmhouse was converted from single family to a rental unit, it has deteriorated rather quickly. In response to a question by Assessor Hovet, he stated the monthly rent for this property is 800, including utilities. Richard Hatfield, 2524 west Medicine Lake Drive, (26-118-22-12- 0019), stated his value was increased from $123,000 in 1991 to 140,800 in 1992. He has 40 feet of lakeshore, a very steep driveway, and lives along a shallow area of Medicine Lake which last year experienced severe Eurasian water milfoil infestation. The City allowed him to construct only a 38' wide home, rather than 48' as he requested last year. This resulted in a small kitchen and dining room area and a total square footage of 1,374. The home does not have a lot of amenitio3. Based on the assessed value of $140,000, this calculates to a value of $100 per square foot. Mr. Hatfield stated his property value was $33,000 in 1990. He constructed his new home at a cost of $60,000, which included demolition of two houses. In 1991 he added a detached garage at a cost of less than $4,000; however, his value was inr.reased much more. He compared his home to abutting lakeshore properties snd stated that he is being assessed at a much higher front foot rate than those properties. Ruben 3urau, 974 Yuma Lane North, (32-118-22-110-0156), stated his property taxes have increased over $200 since he moved to his home. Last year they increased $74. His 1992 assessed value has been increased by $5,000 which he has been infermpd will result in another property tax increase of about $130 fol no.:t year, not including an increased school levy. He asked that the Council do something to freeze taxes for &eniors on a fixed income. Assessor Hovet explained the prnperty tax refund that is available to eligible seniors. P 2.ymouth Board of Review April 13, 1992 P age 3 Jim Domoracki, 4265 Lanewood Lane, (16-118-22-13-0053), stated that he has not agreed with his assessed value for several years. 3 averal months ago while working with a realtor, he learned that although his property is valued the same or less than twelve other comparison properties, he is paying the highest property taxes. He will provide the data to the Assessing Division for review. Dale Jacobson, 12200 60th Avenue North, (02-118-22-24-0022), stated his neighbor has a larger living area and a four -car garage, yet the neighbor's value is $12,000 lower. Mr. Jacobson stated he was granted a reduction in assessed value in 1989, but he believes a further reduction is warranted due to the negative a ffects of abutting Bass Lake Road on his property. His value was increased from $129,800 in 1991 to $130,800 in 1992. LeRoy Reinke, 14411 County Road 6, (28-118-22-44-0005), stated riis value was lowered slightly, but he requested it be reduced to the amount established in the appraisal for the County Road 6 project settlement. Nick Stathas, 435 Black Oaks Lane, (32-118-22-42-0031), stated that he receiied his valuation notice about 10 days ago. This is not sufficient time to prepare an appeal. He had received a reduction in assessed value in 1983. He purchased the property for $97,000 in 1983, when the assessed value was $103,000. This year his value increased a significant amount. Mr. Stathas stated his home was built in 1967 and the only improvement has been a roof replacement which cost him $1,750. He objected to the valuation increase of $2,000 for this improvement. He asked his value be lowei:ed. Jeff Maas, 4355 Weston Lane North, (17-118-22-11-00]2), stated that ten days between the receipt of the valuation notice and the Board of Review meeting is not sufficient time to consider comparable values. His value increased by 10 percent this year. He stated there is aggregate increase in property values of about 2 percent in Plymouth - not 10 percent. His home is an unusual rambler of about 20300 square feet with many garages. The model home in the subdivision has not sold for over a year, and the subdivision is not developing rapidly. He asked that his value be lowered. Boyer Palmer, (02-118-22-21-0042), (02-118-22-13-0009)t(0inithe18- 22-13-0002), (02-118-22-13-0003), stated he own: property northwest area of Plymouth. In other cities his --olio have declined, but in Plymouth the values have increased on all types of property - single family home, vacant lots, anti industrial property. He asked that the values be reviewed. Tim Murray, Palmer Investment, 14375 23rd Avenue North, (28-118- 22-14-0011), (28-118-22-14-0012), requested tthat the envalue OOf these properties be reviewed. The app I ) Plymouth Board of Review April 13, 1992 Page 4 value is $31.25 per square foot. warehouse property is selling for foot. He cited several examples he will provide to staff. He stated that similar between $26-$28 per square of comparable properties which Chuck Van Eeckhout, 13105 35th Avenue North, (22-118-22-12-0049)1 stated his property has been overvalued for five years. He has been unable to sell the property for the listed price of 280,000. He unsuccessfully sold the property for zero down through a contract for deed at which time the bank appraised the property at $240,000. Using the bank's valuation of $240,000 and based on a $10,000 reduction for comparison to a similar property in the neighborhood, a 10 percent reduction to account for the price properties are selling for under assessed value, and a 20 percent reduction for depreciation, he believes his value should be reduced to $160,000. Assessor Hovet stated that eight additional letters appealing valuations were received: 1. Property Tax Research Company (Various PID's) 2. Peter Cook (30-118-22-34-0013) 3. R. F. Korsmo (36-118-22-22-0008) 4. Paul Camarote (19-118-22-43-0017) S. Robert R. Meyers (32-118-92-21-0007) 6. Bill Thielen (11-118-22-33-0050) 7. Emmett O'Hare (30-118-22-21-0053) 8. Robert G. Henry (11-118-22-22-0043) Manager Willis stated that representatives of the Assessor's office will contact each property owner who appealed their valuation in person or by mail during tae next week. A report on each property will be provided to the Board of Review for consideration. The Board will reconvene on Thursday, April 30. at 7:00 p.m. The 1992 Board of Review meeting was adjourned at 8:08 p.m. pity, Clark