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Board of ReviewMEMO'. DATE: TO: FROM: May 9, 2001 CHANHASSEN LOCAL BOARD OF REVIEW ANGIE JOHNSON, ASSESSOR 952/361-1961 STEVEN CLAY, SENIOR APPRAISER 952/361-1973 CARVER COUNTY ASSESSOR'S OFFICE APPEALS FOR FINAL MEETING We have appeals from 12 property owners on 14 parcels. For each parcel there is an appeal form with the basic property information, current valuation, and a recommendation for a change in value or for no change. Some of the parcels have additional information attached as support for our recommendation. If you have questions regarding any of the parcels or our recommendations please feel free to call us, at the numbers listed above, before the meeting. If you so desire, you can pass a single motion to approve all of the appeals as recommended. It has been our pleasure to serve you this past year. APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.8660230 04/20/01 WILSON, JAY & TAMARA 2527 BRIDLE CREEK TRL CHANHASSEN MN 55317 DISTRICT CHANHASSEN PHONE 448-6653 ! WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive and is higher than neighbors with similar homes. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $82,300 $243,400 $325,700 2001 NEW IMPRV. VALUE $0 2001 GA LAND VALUE $0 PREV. YR. VALUE $206,200 CLASS 201-1-000 ACRES/SITE S ACTION TAKEN BY ASSESSOR: STEVE C DATE: 05/04/01 The interior of the home was inspected and some slight changes were made to our data. Additionally, a sales comparison was completed using a similar home that is located across' the street and closed this week, and to other sold properties. After updating our data and reviewing sales, we are recommending a reduction in value as follows. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW E~V AMOUNT OF ADJ (DIF+-) $82,300 NEW IMPRV. VALUE $0 $235,500 NEW GA LAND VALUE $0 $317,~00 GA ADJ. AMOUNT $0 ($7,900) NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 (Assessed in 20011Payable in 2002) APPEAL # PID# 25.8200220 DATE 04/23/01 NAME SAVITT, SCOTT & JEANNE ADDRESS 408 HIGHLAND DR CHANHASSEN MN 55317 DISTRICT CHANHASSEN PHONE 952-949-2193 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. We do not agree with an increase in our property of $9,400. We would like to understand the basis of this increase. Other neighbors did not see similar increases. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $46,500 $94,100 $140,600 2001 NEW IMPRV. VALUE $0 2001 GA LAND VALUE $0 PREV. YR. VALUE $131,200 CLASS 201-1-000 ACRES/SITE s ACTION TAKEN BY ASSESSOR: STEVE C DATE': 05/03/01 An interior inspection was done May 1 st, and no changes needed to be made to our data. I spoke with the homeowners and explained the Property tax process more fully. The owners now have a higher comfort level with the valuation. No change is recommended. ASSESSOR'S RECOMMENDATION: LAND VALUE 'BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $46,500 NEW IMPRV. VALUE $0 $94,100 NEW GA LAND VALUE $0 $140,600 GA ADd. AMOUNT $0 $0 NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended __Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 (Assessed in 2001/Payable in 2002) APPEAL # PID# 25.3640130 DATE 04/03/01 NAME SCHWANZ, RANDALL & DIANE ADDRESS 1377 ITHILIEN EXCELSIOR MN 55331 DISTRICT CHANHASSEN PHONE 933-3007 ! WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $71,000 $225,800 $296,800 2001 NEW IMPRV. VALUE 2001 GA LAND VALUE PREV. YR. VALUE CLASS ACRES/SITE 201-1-000 S $0 $0 $263,3O0 ACTION TAKEN BY ASSESSOR: TOM K DATE: 04/06/01 With cooperation of property owner, I inspected property, reviewed characteristics; noted quality and condition of structure, updated field data; reviewed recent sales for area; reviewed quality and valuations of homes in the immediate neighborhood. While doing so, I noticed some clerical errors which have been changed to reflect correctly what is there. An adjustment to the current value is indicated and I recommend the Board reduce as indicated. ASSESSOR'S RECOMMENDATION: LAN D VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) ACTION TAKEN BY BOARD: $70,972 NEW IMPRV. VALUE $0 $208,666 NEW GA LAND VALUE $0 $279,638 GA ADJ. AMOUNT $0 ($17,162) NEW CLASS CODE 201-1-000 Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID~ DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.2670020 04/23/01 SOMMER, ROBERT 6239 CHASKA RD EXCELSIOR MN 55331 DISTRICT CHANHASSEN PHONE 952-352-8627 ! WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: $66,800 2001 NEW IMPRV. VALUE $93,000 2001 GA LAND VALUE $159,800 PREV. YR. VALUE CLASS 201-1-000 ACRES/SITE S STEVE C DATE: 04/27/01 $0 $0 $149,100 The interior and exterior of the property was inspected and changes were made to our date to reflect an inoperable basement bath and an adjustment for the condition of several items or components of the property. A reduction in the estimated value is recommended as follows. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $66,800 $83,400 $150,200 ($9,600) NEW IMPRV. VALUE NEW GA LAND VALUE GA ADJ. AMOUNT NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 (Assessed in 2001/Payable in 2002) APPEAL # PID# 25.4120010 DATE 07/23/01 NAME EBRAHIM, MAGDY & JUNE ADDRESS 521 PINEVIEW CT CHANHASSEN MN 55317 DISTRICT CHANHASSEN PHONE 952-496-0360 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. Increase in valuation does not accurately reflect market value of similar homes in area. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $55,400 2001 NEW IMPRV. VALUE $8,000 $240,400 2001 GA LAND VALUE $0 $295,800 PREV. YR. VALUE $265,800 CLASS 201-1-000 ACRES/SITE 2.5 A DATE: 05/07/01 ACTION TAKEN BY ASSESSOR: STEVE C The property owners decided not to allow an interior inspection of the property: That being the case, no change in the estimated value is recommended. ~ ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $55,400 $24O,4OO $295,800 $0 NEW IMPRV. VALUE $8,000 NEW GA LAND VALUE $0 GA ADJ. AMOUNT $0 NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended __Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.6600160 03/21/01 DOWNING, ROGER & DOROTHY 7200 JUNIPER RD CHANHASSEN MN 55317 DISTRICT CHANHASSEN PHONE 470-0273 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive and does not accurately reflect market value of similar homes in area. Property needs maintenance. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $41,800 2001 NEW IMPRV. VALUE $72,300 2001 GA LAND VALUE $114,100 PREV. YR. VALUE CLASS 201-1-000 AGRES/SITE S STEVE C DATE.: 05/04/01 ACTION TAKEN BY ASSESSOR: $0 $0 $103,000 An interior inspection during quartile work last summer in that neighborhood noted physical problems and the building value was given a 5% reduction in value at that time. An interior inspection for this Board of Review noted a functional problem with the current floor plan and at this time an additional 5% reduction is recommended. . ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $41,800 NEW IMPRV. VALUE $0 $68,400 NEW GA LAND VALUE $0 $110,200 GA ADd. AMOUNT $0 ($3,900) NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 (Assessed in 2001/Payable in 2002) APPEAL # PII~ 25.6600300 DATE 04/23/01 NAME LARSON, JEAN ADDRESS 3609 RED CEDAR POINT RD EXCELSIOR MN 55331 DISTRICT CHANHASSEN PHONE 952-474-6682 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. No improvements made or improvements not yet complete. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: $217,500 2001 NEW IMPRV. VALUE $61,300 2001 GA LAND VALUE $278,800 PREV. YR. VALUE CLASS 201-1-000 ACRES/SITE S STEVE C DATE: 04/27/01 $0 $0 $178,400 Property was inspected on 4/27/01. There was already a 5% functional depreciation lowering the building value. After further review, this was increased to a 10% reduction. We are recommending a slight reduction in value. The majority of value for this property lies in the land, which is Minnewashta lakeshore. Some lake sales were reviewed with the owner and she is in agreement with this value. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $217,500 NEW IMPRV. VALUE $0 $56,800 NEW GA LAND VALUE $0 $274,300 GA ADJ. AMOUNT $0 ($4,500) NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.3300070 03/20/01 JOHNSEN, FRAYNE & DEBORAH 1100 HESSE FARM RD CHASKA MN 55318 DISTRICT CHANHASSEN PHONE 952-496-3832 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation is more than house is worth. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $98,600 $283,600 $382,200 ACTION TAKEN BY ASSESSOR: TOM lc. 2001 NEW IMPRV. VALUE 2001 GA LAND VALUE PREV. YR. VALUE CLASS ACRES/SITE DATE: 03/30/0! 201-1-000 3.61 A $0 $0 $359,200 With cooperation of property owner, I inspected property, reviewed characteristics; noted quality and condition of structure; updated field data; reviewed recent sales for the area. After recalCulation, current valuation appears to be reasonable and no adjustment is indicated. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $98,600 NEW IMPRV. VALUE $0 $283,600 NEW GA LAND VALUE $0 $382,200 GA ADJ. AMOUNT $0 $0 NEW CLASS CODE 201-1-000 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: item Subject Comparable Grid for 25.3300070 : : : Comparable:#11! comParable #2: ' ,: Comparable #3 Address 1100 Hesse Farm Rd. 10361 Heidi Ln. 9821 Deerbrook Dr. 1685 Steller Ct. Property ID# 25.3300070 25.3320170 25.2640160 25.4070170 ProXimity Sale Price 1/2 mile west of subject 1 mile east of subject 5 miles North of subject $385,000 $360,000 $378,500 Pdce/SF $126.52 $147.00 $128.00 Data Source Inspection Record Adjustments Description Insp. Record Description +(,) Adj: Insp. Record insp. Record DescriPtion: +(-):Adj; DescriPtion: +(~) Adj: Date of Sale Location Hesse Farm 1st. Addn. SiteNiew 3.61 Ac / Bluff View Design/Appeal 2-story / Cedar-Brk. Quality of Construstion 50-Good Jan-99 $48,000 Hesse Farm 2nd. Addn. $0 6.36 Ac / Bluff View ($12,000) 2-story / Cedar $0 50-Good $0 Apr-00 $22,500 Jan-99 $47,000 Lake Lucy Deerbrook $0 Highlands $0 2.51 Ac / Bluff 6.22 View ($8,000) Ac./Wooded ($10,000) 2-story / Cedar- Stucco $0 2-Story / Cedar $0 50- Good $0 50- Good $0 YearBuilt 1990 1985 $5,000 1993 ($3,000) 1992 ($2,000) Condition Avg for Age 'Above Grade BR's Bth's Total Room Count 3 3.25 Living Area 2,850 Avg ~rAge $0 BR Bth Tot 5 3.25 $0 3,043 ($7,700) Avg for Age $0 Avg for Age $0 :BR Bth Tot .iBR 'Bth iTot - 3 3.5 ($1,500) 4 3.5 ($1,500) 2,449 $16,000 2,957 ($4,300) Basement Area 1,608 1,615 ($100) 1,274 $3,000 1,588 $200 % Bsmt Area Fin. 90% Bsmt Rm & Bth Count(infor only) n/a 75% $5,9OO n/a $0 35% $25,000 91% $100 n/a $0 n/a $0 Functional Utility Average Heat/Cooling ForcedAidCentralAir Energy Efficient ,.Items ~ None Garage 3-Car(876) Average $0 ForcedAidCen $0 None .: $0 3-Car(798) $2,418 Average $0 ForcedAidCen $0 None 3-Car (801) $2,325 Average $0 ForcedAidCen $0 3-Car (872) $124 Porches None Decks/other Avg.(326) None $0 Avg.(736)/ Tennis Ct. ($11,300) None $0 None $0 Avg.(182) $1,440 Avg. (492) ($1,660) Fireplaces 2-Good ~i :.!' il sq~'a:~ FOot AdjUStments Fin;:Bsmt Area ::~:-i ;:: i :: ': ~: $25 jFinai Value EstimateI 2-Good Gross Adjustment % Net Adjustment% Net Adjustment: Indicated Value $413,149 $0 2-Good $0 2-Good 22% : .......: ' 16% 8% : : :. ~ ~. 16% $30,218 ::::.: : ; $57,765 $415,218 :: :: ':::::':': :; ,' $417,765 $0 18% 7% $27,964 $406,464 APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# 25.8810490 DATE 04/23/01 NAME BEDFORD, KATHRYN ADDRESS 405 DEL RIO DR CHANHASSEN (Assessed in 200t/Payable in 2002) MN 55317 DISTRICT CHANHASSEN PHONE 952-937-6936 i WANT MY PROPERTY REVIEWED BECAUSE: Valuation is higher than neighbors with similar homes. Out taxes of $3,200 are higher than comparables who average $2,500 for seven properties in the neighborhood. Comparables are recent sales. Houses were all built in same era, same dollar square footage applied. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: $38,700 2001 NEW IMPRV. VALUE $145,400 2001 GA LAND VALUE $184,100 PREV. YR. VALUE CLASS 201-1-000 ACRES/SITE S STEVE C DATE': 08/07/01 $0 $0 $169,300 The subject interior was inspected and a sales comparison was completed using three sales of nearby homes that were similar in housing style, quality and sited on similar wooded lots. The indicated value from the sales comparison demonstrates-that our current estimated market value is not excessive. No change is recommended. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) ACTION TAKEN BY BOARD: $38,700 NEW IMPRV. VALUE $0 $145,400 NEW GA LAND VALUE $0 $184,100 GA ADJ. AMOUNT $0 $0 NEW CLASS CODE 201-1-000 Approved as Recommended Adjusted as noted: Item Subject Comparable Grid for 25.8810490 Comparable#1 i :: i: ' ComParable#2: Comparable #3 Address 405 Del Rio Drive 420 Santa Fe Cir 7616 Frontier Trail 505 Del Rio Property ID# 25.8810490 25.8800030 25.0124200 25.8810420 Proximity 300 feet s.w. across ravine 1/4 mile southeast 500 feet s.w. same ravine Sale Price Pdce/SF Data Source Adjustments Inspection Record Description $205,000 $179,900 $171,500 $129.34 $133.06 $141.04 Description . +(-) Adj. DeScription : +(-) DescriPtion : +(-) Adj; Date of Sale LOcation SiteNiew Western Hills .4Ac wooded ravine Aug-99 $13,100 May-00 $5,000 Same Similar .44Ac wooded ravine ($1,500) .56Ac/wooded ($3,000) Jun-99 $12,300 Same .40 Acwooded ravine $0 Design/Appeal Rambler-good Rambler-good Quality of Construstion Average Average Rambler-good Average Rambler-good Average Year Built 1970 1968 $0 1970 $0 1970 $0 Condition ~Above Grade Room Count BR's 4 Avg for Age Avg for Age Bth's Total BR Bth Tot 2.5 4 2.5 Living Area 1,603 1,585 $500 Basement Area 1,603 1,538 $300 Avg for Age BR Bth :Tot 3 2 · 1,352 1,352 Avg for Age :BR Bth Tot $2,000 4 2 $7,50O 1,216 $1,300 1,216 $2,000 $11,600 $1,900 % Bsmt Area Fin. 60% 72% ($2,200) 56% $3,100 90% ($2,000) Walkout Full Walkout Full Walkout No w/out $3,000 Full walkout FUnctional Utility Average Average $0 Average $0 Average $0 Hea~Cooling ForcedAir/CentralAir ForcedAidCen $0 ForcedAidCen $0 ForcedAir/Cen $0 !Other Garage Porches 2car 784sf att. 2car 528sf 2car 621sf ($1,400) thru por. $0 2car 483sf $700 Enclosed Porch Open front Enclosed Porch 240sf None $7,500 244sf $0 151sf $7,000 Decks/oUner Deck 162sf Patio 240sf $0 Deck 184sf $0 Deck 175sf $0 Fireplaces 2 fireplaces .'~. :..-;:. i. i~sq~are-FOot :AdjUstmentS Above: Grade $30 · .. . . ...... Bsmtarea:: . .-$5 '-' ' ' ' i.!':' .-' ':: Fin~'Bsmt Area $15 2 fireplaces $0 WoodStove $3,000 Gross Adjustment % 13% ' 14% Net Adjustment% 7% .' ' 12% Net Adjustment $14,800 $21,900 = · Indicated Value $219,800 . . - . $201,800 , . $205,000 I 2 fireplaces · $0 21% 20% $33,5OO $205,000 APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID~ DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.7930050 04/23/01 DREISSINGER, ARMIN 560 BIGHORN DR CHANHASSEN MN 55317 DISTRICT CHANHASSEN PHONE 952-707-5404 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: $69,300 2001 NEW IMPRV. VALUE $0 $259,900 2001 GA LAND VALUE $0 $329,200 PREV. YR. VALUE $307,200 CLASS 204-0-099 ACRES/SITE $ STEVE C DATE: 04/27/01 The interior of the subject property was inspected and a sales comparison was completed using sales of similar properties. The indicated value of the subject is over $360,000, which is well above our estimated value of $329,000. No change is recommended. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $69,300 NEW IMPRV. VALUE $0 $259,900 NEW GA LAND VALUE $0 $329,200 GA ADJ. AMOUNT $0 $0 NEW CLASS CODE 204-0-099 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: Item AddreSs Subject 560 Bighorn Dr. Comparable Grid for 25.7930050 Comparable #1 COmparable:#2.: : COmparable #3 6271 Hummingbird Rd. 8161 Stone Creek 7018 Cheyenne Tr. Property ID# 25.7930050 25.2850020 25.2560080 25.2300180 Proximity 1.5 Miles west 4 miles southwest 2-Miles southeast Sale Price $345,000 $392,000 $320,000 Pdce/SF $178.48 $176.98 $166.41 Data Source Adjustments Inspection Record Description Inspection Record Description +(,) Adj;: Inspection Record Inspection Record :DescriPtiOn: i +(~)Adj~ : Description +(-)Adj, Date of Sale Location SiteNiew 'Design/Appeal Quality of Construstion Nov-00 Gallagher Shadowmere Addition 1.60 Ac. / .54 Ac. / Wooded Wooded 1-Story / Cedar-Stucco 1-Story / Cedar 40+02 Above 50- Good Avg. $4,000 Jun-00 $13,700 Nov-00 $3,700 $0 StoneCreek $0 Colonial Grove $0 .35Ac views of 1.08 Ac. / ($25,000) wetlands $0 Wooded $0 1-story / 1-Story / Cedar- $0 vinyl/stucco $0 Stone $0 $13,837 50-Good $0 50-Good $0 year Built 1992 1985 $7,000 1998 ($6,000) 1985 $7,000 Condition Above Grade Room Count Living Area Avg for Age Avg for Age BR's Bth's Total BR Bth Tot 2 3 3 1.75 2,096 1,933 $0 Avg for Age $0 Avg for Age $0 BR Bth T°t BR Bth Tot $2,500 3 2.5 $1,000 2 2.25 $1,500 $6,500 2,215 ($4,800) 1,923 $6,900 Basement Area 2,080 1,156 % Bsmt Area Fin. 42% 61% $8,300 2,001 $700 1,923 $1,400 $4,200 85% ($20,700) 33% $6,000 Walkout Walkout bsmt Walkout bsmt Walkout bsmt Walkout bsmt Functional Utility Average Average $0 Average $0 Average $0 HeaL/Cooling Energy Efficient dtems Garage Porches ForcedAidCentralAir ForcedAidCen None .: None 3-Car (796) 3-car (864) Screen Porch (196) / Open Porch (89) O.Porch (40) $0 ForcedAir/Cen $0 ForcedAidCen $0 3-Car (684) / ($780) 3car (768) $670 Carport (440) ($2,730) $5,300 Open Porch $5,300 None $5,700 Decks/other Avg. (212) Fireplaces 2-Good /:: Square Foot AdjuStmentS:i: ': Above Grade ' :':. :: $40 ::; .:! ; ':::; ~":;' : ,' :::' : .i:" ~: ; ;:;. :(:';:: I Final Vaiue EstimateI Avg. (796) 2-Good Gross Adjustment % Net Adjustment% Net Adjustment Indicated Value $365,706 ($5,600) $0 23% 6% $20,257 $365,257 Avg. (276) ($300) Avg. (480) ($2,680) 1-Good $3,500 2-Good $0 9% 10% · : : · :: , 2% 8% · ' ($6,930) ~ : :~ $26,790 $385,070 : :': :::: $346,790 7 :: : ::: comp saie 2 comp sale 3 APPEAL TO BOARD OF REVIEW-2001 APPEAL # PI D# 25.4130090 DATE 04/23/01 NAME KORMAN, BARBARA ADDRESS 8409 ROSEWOOD DR CHANHASSEN (Assessed in 2001/Payable in 2002) MN 55317 DISTRICT CHANHASSEN PHONE 952-937-6991 I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. No improvements made or improvements not yet complete. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: $55,000 2001 NEW IMPRV. VALUE $185,500 2001 GA LAND VALUE $240,500 PREV. YR. VALUE CLASS 201-1-000 ACRES/SITE S STEVE C DATE: 05/07/01 · $0 $0 $227,500 The interior was inspected and a sales comparison was completed using three recent sales of similar townhomes in the neighborhood. No change to the estimated market value is recommended. ASSESSOR's RECOMMENDATION: LAND VALUE $55,000 BUILDING VALUE $I 85,500 NEW EMV $240,500 AMOUNT OF ADJ (DIF+-) $0 NEW IMPRV. VALUE NEW GA LAND VALUE GA ADJ. AMOUNT NEW CLASS CODE 20]-1-000 $0 $0 $0 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: Item Address Property ID# Proximity Sale Pdce PriCe/sF Data Source ,Adjustments Date of Sale Location SiteNiew Design/Appeal Quality of Construstion Subject 8409 Rosewood 25.4130O9O - Inspection Record Description Lake Susan Hills Townhomes 0.07 Ac. / pond 1-Story / Stucco Above Avg. / 40+02 Comparable Grid for 25.4130090 Comparable #1 Comparable #2 8395 Rosewood 8399 Rosewood 25.4130070 25.4130080 2-Homes to the North 1-Home to North $264,900 $224,000 $166.08 $140.44 Inspection Record Inspection Record Description +(-) Adj. ' DescriPtion :::.: ::: :+(-)Adj;: :: :: DesCriPtion May-00 $17,219 Sep-00 $9,706 Sep-00 Lake Susan Lake Susan Lake Susan Hills $0 Hills $0 Hills 0.07 Ac. / Pond $0 0.07 Ac. / Pond $0 0.07 Ac. 1-Story/Stucco $0 1-Story/Stucco $0 1-Story/Stucco Above Avg./ Above Avg./ Above Avg./ 40+02 $0 40+02 $0 40+02 Comparable #3 8429 Rosewood 25.4130130 1/2 Block to the South $267,500 $167.71 Inspection Record +(-)Adj. $11,590 $0 $5,720 $0 $0 Year BUilt 1996 1996 $0 1996 $0 1996 $0 Condition !Above Grade Room Count Living Area Basement Area BR's 4 Avg for Age Avg for Age Bth's Total BR Bth Tot 2.5 2 2.5 1,595 1,439 1,595 1,439 $0 $0 $0 $0 Avg ~rAge $0 Avg ~r Age BR Bth :Tot: BR Bth :TOt 2 1.5 $6,000 3 1.75 1,595 $0 1,595 $0 $4,5OO $0 1,439 $0 1,439 $0 % Bsmt Area Fin. Bsmt Rm & Bth Count(infor only) 7O% N/A 70% N/A $0 0% $25,200 65% $t ,800 N/A $0 N/A $0 Functional Utility Average Average F0rcedAir/Cen - Heat/Cooling Energy Efficient ;items - i Garage ForcedAir/CentralAir 2-Car (576) Porches Decks/other Fireplaces .- Square Foot Adjustments Above Grade $40 esOt'area $9 Fin, BsmtArea $25 IFinai Value Estimatei Open Porch (28) l-Avg. (60) 1 -Good 2-Car (576) Open Porch (28) 1-Avg.(60)/ Wetbar 1-Good Gross Adjustment % Net Adjustment% Net Adjustment Indicated Value $279,078 $o $o ($900) $o 7% 6% $16,319 $281,219 Average $0 ForcedAir/Cen $0 2-Car (576) $0 Open Porch (28) $0 1-Avg. (60) $0 1-Good $0 7% 18% Average ForcedAir/Cen ['-;one 2-Car(576) . Open Porch (28) 1-Avg. (60) 1-Good :: $40,906 $264,906 $0 $0 $0 $0 $0 $0 $0 8% 9% $23,610 $291,110 APPEAL TO BOARD OF REVIEW-2001 APPEAL # Pi D# 25.5640220 DATE 04/23/01 NAME AMUNDSON, BRUCE ADDRESS 7643 NICHOLAS WAY CHANHASSEN (Assessed in 2001/Payable in 2002) MN 55317 DISTRICT CHANHASSEN PHONE 952-470-8060 I WANT MY PROPERTY REVIEWED BECAUSE: Increase in valuation does not accurately reflect market value of similar homes in area. Valuation is higher than neighbors with similar homes. No improvements made or improvements not yet complete. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $22,000 2001 NEW IMPRV. VALUE $0 $84,600 2001 GA LAND VALUE $0 $106,600 PREV. YR. VALUE $101,100 CLASS 201-1-000 AGRES/SITE S DATE: 05/04/01 ACTION TAKEN BY ASSESSOR: STEVE C The property was inspected and no changes needed to be made to our data. A sales comparison was completed using three recent sales of similar, neighboring townhomes. No change in the estimated value is recommended. Due to a sight impairment, the owner may be eligible for a State sponsored program that helps reduCe property taxes. An application has been sent. ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) ACTION TAKEN BY BOARD: $22,000 NEW IMPRV. VALUE $0 $84,600 NEW GA LAND VALUE $0 $106,600 GA ADJ. AMOUNT $0 $0 NEW CLASS CODE 201-1-000 Approved as Recommended Adjusted as noted: Item Address property ID# Subject 7643 Nicholas Way 25.5640220 Comparable Grid for 25.5640220 comparable #1 . Comparable #2 i' : 7645 Nicholas Way 7641 Nicholas Way 25.5640230 25.5640210 : Comparable #3:: 7018 Cheyenne Tr. 25.5640020 Proximity Sale Price Price/SF Data Source Adjustments Inspection Record Description next to subject $125,000 $106.47 Inspection Record Description +(-) !Adj. nextto su~ect 2-Bldgs. SouthwestofSu~ect $120,500 $137,500 $102.64 $117.12 Inspection Reco~ Inspection Reco~ DesCription : :: +(r)Adj::: DescriPtion +(-) iAdj. Date of Sale Dec-00 $2,708 Apr-00 $7,833 Jun-00 $7,419 Location siteNiew Design/Appeal Quality of C°nStrustion Year Built Oak Ponds .03 Ac. / twnhse. 2-Story / VinyI-Brk. Above Avg. / 40+01 1994 Oak Ponds $0 .03 Ac. / Twnhse. $0 2-Story / Vinyl- Brk. $0 Above Avg./ 40+03 ($3,931) 1994 $0 Oak Ponds $0 Oak Ponds $0 .03Ac. / .03 Ac. / Twnhse. $0 Twnhse. $0 2-StoryNinyl- 2-StoryJinyl- Brk. $0 Brk. $0 Above Avg./ Above Avg./ 40+01 $0 40+01 $0 1994 $0 1994 $0 Condition ,Above Grade 'Room Count Living Area Avg for Age BR's Bth's 2 1.5 1,174 Total Avg for Age $0 BR Bth Tot 2 1.5 $0 1,174 $0 AvgforAge $0 Avg ~rAge $0 BR Bth'~Tot!: BR Bth:iTot 2- 1.5 $0 2 1.5 $0 1,174 $0 '1,174 $0 Basement Area 530 530 $0 530 $0 530 $0 % Bsmt Area Fin. Bsmt Rm & Bth Count(infor only) 0% N/A 0% $0 N/A $0 42% ($5,600) 38% ($5,000) - N/A $0 N/A $0 Functional Utility Heat/Cooling Energy Efficient Items Garage Average ForcedAidCentralAir None 2-Car (429) Average $0 ForcedAidCen $0 None ... $0 2-Car (429) $0 Average $0 Average $0 ForcedAir/Cen $0 ForcedAidCen $0 None :- $0 : N,~.. ,e ,_, $0 2-Car (429) $0 2-Car(429) $0 Porches None None $0 None $0 None $0 Decks/other 1-Avg. (231) 1-Avg.(231 ) Fireplaces None 1-Good ": :i.: ' squTM F°°[ Adjustments ': Gross Adjustment % · .. Above Grade $40 :-" Net Adjustment% BSmt'area ~:' ' ' $9 Net Adjustment Fin~Bsmt-Area ' $25 '' Indicated Value Fins[ ~'alue Estimatei $I 27,143 $0 ($2,500) 7% 3% ($3,723) $121,277 -Avg.(231) $0 1-Avg.(231) $0 -Good ($2,500) None $0 : :::: : :: 9% : ' 5% : 0% :: 2% ::: ($267) : : $2,419 ': :~ $120,233 : : $139,919 APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# 25.1140010 DATE 04/24/01 NAME BEDDOR, FRANK JR & MARILYN ADDRESS 1000 PARK RD CHANHASSEN MN 55317 (Assessed in 2001/Payable in 2002) DISTRICT PHONE CHANHASSEN I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. Property is vacant land on Pleasant View Rd. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: Please see attached memo. $504,000 $0 $504,000 STEVE C 2001 NEW IMPRV. VALUE 2001 GA LAND VALUE PREV. YR. VALUE CLASS 206-0-099 AGRES/SiTE S DATE,.' 05/07/01 $0 $0 $375,700 ASSESSOR'S RECOMMENDATION: LAND VALUE $504,000 BUILDING VALUE $0 NEW EMV $504,000 AMOUNT OF ADJ (DIF+-) $0 NEW IMPRV. VALUE NEW GA LAND VALUE GA ADJ. AMOUNT NEW CLASS CODE 206-0-099 $0 $0 $0 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.2150050 04/24/01 BEDDOR, FRANK JR & MARILYN 800 LAUREL OAK DR. STE 212 NAPLES FL 33963 DISTRICT CHANHASSEN PHONE ! WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. Property is vacant land on Pleasant View Rd. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV ACTION TAKEN BY ASSESSOR: Please see attached memo. $558,000 $0 $558,OOO STEVE C 2001 NEW IMPRV. VALUE 2001 GA LAND VALUE PREV. YR. VALUE CLASS 206-0-099 AGRES/SITE S DATE; 05/07/01 $0 $0 $395,900 ASSESSOR'S RECOMMENDATION: LAND VALUE $558,000 BUILDING VALUE $0 NEW EMV $558,000 AMOUNT OF ADJ (DIF+-) $0 NEW IMPRV. VALUE NEW GA LAND VALUE GA ADJ. AMOUNT NEW CLASS CODE 206-0-099 $0 $0 $0 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: 25.2150050 Vancant site 25.1140010 Vacant site 25.0020600 House site J I / MEMO- TO: FROM: DATE: BOARD OF REVIEW CARVER CO. ASSESSING OFFICE 5-8-2001 Land Valuation Parcels: 25.2150050 25.1140010 These two parcels are vacant lakeshore lots on the south shore of Christmas Lake and are contiguous with the homesteaded parcel PID# 25.0020600, all of which are owned by Mr. Beddor. These two parcels are fairly large is size compared to the average size of lakeshore lots on this lake. Four vacant lakeshore comparable land sales were identified for study. Comparables 1, 2, and 3 are located on a peninsula on the northwestern shore of the lake and are about 1 acre in size. Comparable 4 is located on the northeastern shore and is much more comparable in size, 1.94 acres, and topography. The attached spreadsheet lists the 4 sales and makes adjustments to their sale prices for changes in the market since the time of sale (time adjustment) and for differences in topography and view. The adjusted sale prices are then broken down into two units of comparison; lot size and front footage of lakeshore. If these two 'parcels are valued using the average value for all four comparables, the data is as follows: Size in acres Value Front Footage Value Average Subject PI D#25.2150050 1.78 $889,678 136 $463,576 $676,627 Subject PI D#25.1140010 1.93 $964,651 123 $419,264 $691,958 If valued by the average dollar per acre, the estimated values are $889,678 and $964,651. If valued by the average dollar per front foot of lakeshore, the values are $463,573 and $419,264. If the value per acre is used, the large lot sizes of the subject tend to exaggerate the value. If the value per front foot is used, the larger size of the subject lots is not taken into consideration. If the to units of comparison are averaged in order to minimize the negative aspects of each approach alone, the values for the parcels are: Pid# 25.2150050 Pid# 25.1140010 $676,627 $691,958 Since comparable sale number 4 is quite similar to the subjects in size and topography a front foot valuation, using the indicated value per front foot of comparable 4 of $4,858 results in the following values: Subject PID#25.2150050 Front Footage Value 136 $660,699 Subject PI D#25.1 '140010 123 $597,544 Using these two approaches to value, the indicated market value ranges for the two parcels are listed below along with our Pay 2002 estimated market value: Parcel # 25.2150050 Sales Comparison Estimate Range $660,699 to $676,627 Assessor's Estimate Pay/2002 $558,OOO 25.1140010 $597,544 to $691,958 $504,000 As the Sales Comparison Values for the parcels exceeds ours estimated market values, no reductions are recommended. ;~0z'g I,§ Z06'g66 0gg'~ 9gg'Z0~ 0~'~9~ 90g'g 6gg'96g 6g0'~9g gO~ 08 I, 09 I, ~6' I, '¢ ~' ~ '¢6'0 mlel ol adolS g6'0- lo"1 laaa'] §6'0- ~,o-1 laAa-I pood ~' ~ §Ay pood sewls!JqO a~le'l SeLUlS!JqC) a~l~-I S~LUlSpqC) Z06'g665 00~'~$ 6~0'~9g$ %96'g~ %§g'g g6-Ue? 00-1~nv 66-qa..-I 00g'~gZ$ 000'00'¢$ 8~;6'9ffff$ PH UOII~U!AOO 01~9g U-I fdJalAI g69g Uq fdJalAI 0gZg s~uaw~sn[pe ~ alqe~edLUoO WaLu~sn[pe I~ alqeJedwoo ~UaLU~,snFpe ~ alqe~edwoo ':J-I ':JJ-I Jad ao!Jd ales a Joe Jad ao!Jd ales 60t'g 61,8'661~ ,. ., 069'~ '1::1 'lJ::l Jad aopd ales palsn!'pV 0gg'9Z~ aJoV Jad aopd ales pals~rpV 96~'Zg~ aOPcl ales palsn!PV OZI, , aJoqsmte-I -a§e~,oo.-I 96'0 . saJoV u! g6'0- ~,Ol IaAa"] "~Jel O1 adolS ~' ~ J!8:l pood MGJA a~le-J sewJsJJLlC) ~'8-1 SI~wls!J4C) uo!l~'~'O~" 080' ~8~$ %88'8 'ow/% !, I,' I, luawlsn[pv OLU!.L _. 00-Xe~ aleC1 O00'Ogg$ eopd .... U'l ~Jalhl 069g peo~ Ma!A lUeSeelcl ssa¥~p¥ sluaLulsn[pe I, alqeJedLuoo loe[qns APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.0020600 04/24/01 BEDDOR, FRANK JR & MARILYN 800 LAUREL OAK DR STE 212 NAPLES FL 33963 DISTRICT PHONE CHANHASSEN I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $792,000 2001 NEW IMPRV. VALUE $0 $397,300 2001 GA LAND VALUE $0 $1,189,300 PREV. YR. VALUE $815,300 CLASS 204-0-099 ACRES/SITE 2.37 A ACTION TAKEN BY ASSESSOR: STEVE C DATE: 05/07/01 As with most years, the property valuation is being appealed through the Beddor's attorney, Mr. Julius Smith. A sales comparison was completed using three sales of homes on Christmas Lake. The indicated value of the subject is $1,489,700. Our estimated market value is $1,189,300. We are not recommending a reduction. The attorney has also requested that the property be classified as seasonal recreational-residential. As that appears to be its current use and as the tax capacity calculation for seasonal-recreational and its current classification of residential-non-homestead are the same, we would not object to this change. ASSESSOR'S RECOMMENDATION: - LAND VALUE $792,000 NEW IMPRV. VALUE $0 BUILDING VALUE $397,300 NEW GA LAND VALUE $0 NEW EMV $1,189,300 GA ADJ. AMOUNT $0 AMOUNT OF ADJ (DIF+-) $0 NEW CLASS CODE 204-0-099 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: APPEAL TO BOARD OF REVIEW-2001 APPEAL # PID# DATE NAME ADDRESS (Assessed in 2001/Payable in 2002) 25.0020600 04/24/01 BEDDOR, FRANK JR & MARILYN 800 LAUREL OAK DR STE 212 NAPLES FL 33963 DISTRICT PHONE CHANHASSEN I WANT MY PROPERTY REVIEWED BECAUSE: Valuation increase in one year seems excessive. 2001 ASSMT. LAND VALUE 2001 ASSMT. BLDG. VALUE 2001 ASSMT. TOTAL EMV $792,000 2001 NEW IMPRV. VALUE $0 $397,300 200t GA LAND VALUE $0 $1,189,300 PREV. YR. VALUE $815,300 CLASS 204-0-099 ACRES/SITE 2.37 A ACTION TAKEN BY ASSESSOR: STEVE C DATE: 05/07/01 As with most years, the property valuation is being appealed through the Beddor's attorney, Mr. Julius Smith. A sales comparison was completed using three sales of homes on Christmas Lake. The indicated value of the subject is $1,489,700. Our estimated market value is $1,189,300. We are not recommending a reduction-irrvalu~ Otis within your discretion to raiac thc csthnatcd valuc is you go xvish.). . " The attorney has also requested that the property be classified as seasonal recreational-residential. As that appears to be its current use and as the tax 'capacity calculation for seasonal-recreational and its current classification of residential-non-homestead are the same, we would not object to this change.' ASSESSOR'S RECOMMENDATION: LAND VALUE BUILDING VALUE NEW EMV AMOUNT OF ADJ (DIF+-) $792,000 NEW IMPRV. VALUE $0 $397,300 NEW GA LAND VALUE $0 $1,189,300 GA ADJ. AMOUNT $0 $0 NEW CLASS CODE 204-0-099 ACTION TAKEN BY BOARD: Approved as Recommended Adjusted as noted: Item Address Property ID# Proximity _ Sale Price _ Price/SF _ Data Source 'Adjustments Date of Sale 'Location Site/View Design/Appeal Quality of Construstion Year Built Condition ~Above Grade BR's Room Count 5 Living Area 3,662 Basement Area 3,325 % Bsmt Area Fin. 89% Walkout Functional Utility Heat/Cooling Energy Efficient 'items !_ None Garage 3car det-854sf Porches Open Porch-253sf Decks/other Deck-1156dg Fireplaces 2 fireplaces Square Foot Adjustments Ab°VeGrade $40' Bsn~t area'." '- $10 ". Fire BsmtArea $30 jFinai Value EstimateI Comparable Grid-for 25.0020600 . Subject Comparable #1 Compa~abie #2:' 6244 Ridge Road 25.2600030 900' northeast $1,200,000 910 Pleasant View Road 790 Pleasant View Road 25.0020600 25.7910010 350' east $775,000 $225.62 $434.94 Inspection Record County Records Description DescdPtion +(-) Adj: County Records DescriPtion : +(-):Adj~ ' Jun-99 $93,000 Jan-01 $0 Christmas Lake Christmas Lake Christmas Lake 2.39Ac wooded 187' 1.2Ac wded .72Ac wded 90, lakeshore 103' lakshr $365,000 lakeshr 1 & I 3/4 story- Rambler-good good $0 1 &2story-good $400,000 Above Avg Above Avg $0 Good ($90,000) 1933, Addtions 1970 and remodeling $0 1996 ($20,000) Avg for Age Avg for Age Avg for Age Bth's Total BR Bth Tot BR' iBth Tot' 5 4 3.5 $6,000 3 2.25 $11,000 3,435 $9,100 2,759 $36,100 1,974 $13,500 1,972 $13,500 46% $61,500 81% $40,900 Good Walkout Good Walkout Good Walkout Average Average $0 Average $0 ForcedAir/CentralAir ForcedAir/Cen $0 ForcedAir/Cen $0 None ~ $0 ; None j ~u 2car att-962sf $0 3car att-716sf $0 ScrnPor192sf OpenPor-296 ($6,000) OpenPor-220sf $0 Deck-552sf $3,000 Deck-220sf $3,200 2 fireplaces Gross Adjustment % Net Adjustment% Net Adjustment Indicated Value $1,489,700 $0 2 fireplaces $0 64% : :: 48% : 7O% : , ' 33% $545,100 :::~ : $394,700 $1,320,100 :i::i::'i:~;:ii::: :i$1,594,700 cbmParable #3 5630 Christmas Lake Point 3511723140009 1/4 mile north $962,500 $424.01 MLS DeScriPtion Aug-99 Christmas Lake .5AcWooded, Eff. 100'lkshr Rambler Above Avg 1968 Avg for Age BR Bth' :Tot 5 5.5 2,270 2,270 90% Good Walkout Average ForcedAir/Cen None 3car Att ScreenPor- 280sf Patio 500sf 2 fireplaces : :: : +(-) Adj. $500,000 $0 $0 $0 ($2,OOO) $55,700 $10,600 $27,500 $0 $0 $0 $0 ($3,000) $3,0OO $0 6O% 61% $591,800 $1,554,300 Z dtuo~)