Loading...
1. Board of Equalization and Review I C ITY OF 1 i CHANHASSEN 1 .. , 4* :-,I.,11-17 t' 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 �` 1 (612) 937-1900 • FAX (612) 937-5739 1 MEMORANDUM ITO: Mayor and City Council FROM: Don Ashworth, City Manager IDATE: May 15, 1990 SUBJ: Board of Review and Equalization I It is recommended that the procedures used in previous years be 1 followed again this year, i .e: - Persons wishing to speak be informed of the necessity to sign-in in the back of the room (a board advising citizens 1 of such will be at the entrance door and forms will be on the rear counter) ; II - The Council should announce its intent to listen to each person present or to accept written comments (separate form also available at back counter) , but that no responses are I anticipated this evening. Prior to closing the Board of Equalization meeting, the Council will instruct the Assessor' s office to review each comment received and to make a recommendation back to the Board for their next I meeting. This closing procedure should include announcing that the Board will review the recommendations of the Assessor at their regular meeting on Wednesday, May 30, 1 1990. I AriQS),Lb. 1 1 1 1 Is 1 c., ,,( dc%,,2-v, oki 18, iffy Iss 1 S 4- = 13 Gp 7 6 S., 5 l� 7 C,�3 6 � /141 ss3 X 0 1 0.4- 0Q 2 1 L l 2 ( aca- - 01 -rL . ‘„c-T ey e i ,� .. --ma( al 293, /0o u'1 i9�6', 1 #3 v v . x� of '1293 loo ( 90g t?w325'67Z . S-uX107 I -7e 7;7/ C„,74 a44_,24.4,20( „rik 12(95,-oct_6 4 3 t 2 o U ,, b 9. 3 qI ( Ld _ 901000/ A �(�... J 2 z 9, u c> I /I 1,4 Cw%4 diL) 02VTI- crsAl tv,crt,r- a#44:,4 , nn�' qc 00(x, 1 (pQ0 () c ( , Opex s//8.7 o& lad 4 J . � d & ,0% 1 .ert /14,i Ail. aci)„, ,,_;„) /tAX,4 _eitLecl owl 7634 çe /II 9 0 000 r. �� / 1 1 1 I * — 2— I ji/ 7l�o � U ctAkr 7 �t � ILO CO+ a cA.ea � 1 r / . 70 t o cn#'3, °°° (4-3-4 A #/0-5T 300 4 I Gw\ , ) •A A'�^jf CDC1 ` / 4:-;� I � // ct' a�q , Aezd r, 716 042e1%-kc--e0( #2. 0004- (3cl� oou. / .n.Q� o-� Jci otavo( ,/ a.44_e44 x 7101 64 4 ai i oI }w o� r crfiA 0 1 aNL L ki0 c.Q J ft-1 A tin � /9f 7 LC � 0200 o u /64-14- derwlel —44,4. 1 1 1 I ;) auz -44. 46j ;\ J) 4-k-=k1 1987 40A4_140 743- 44293 loo 0‘..& ry,42401., , k/:-4 0_476.o k„-, 0(7 caulc _,0L,‘;fr-q. petc1/41„,,; cLa(--- ! ai\-es � �°fir d a �4 � ; i 1 d s ci- x_d„,4,,Li /a- ."--K 1 1 1 1 1 1 !I STATE OF MINNESOTA TAX COURT COUNTY OF CARVER SMALL CLAIMS DIVISION Robert G. Wolf, Petitioner , FINDINGS OF FACT, CONCLUSIONS OF LAW AND vs. ORDER FOR JUDGMENT County of Carver, File No. 88-24604 Respondent. Dated: August 25, 1989 4 1!r The above-entitled matter came on for hearing before the Honorable M. Jean Stepan, Chief Judge of the Minnesota Tax Court, on August 10, 1989, at the Carver County Courthouse in Chaska, Minnesota. Robert G. Wolf, the petitioner, appeared pro se. Duane A. Bartz, Assistant Carver County Attorney, appeared on behalf of the respondent. IIThe Court, having heard and considered the evidence adduced at the hearing and upon all of the files and records herein, now makes the following: 11 FINDINGS OF FACT 1. Petitioner has sufficient interest in the property to maintain this petition; all statutory and jurisdictional requirements have been complied with, and the Court has jurisdiction over the subject matter of the action and the parties hereto. 2. The petitioner owns the subject property at 7636 South Shore Drive in Chanhassen, Minnesota, legally described as: Lot 11, Block 2, South Lotus Lake 2nd Addn. :1 ' 3. The property is located on the south shore of Lotus Lake with ill 100 feet of lakeshore frontage, and is improved with a single family residence built in 1987. 4. As of January 2, 1988, the assessment date at issue, the house was finished and occupied but the driveway and landscaping were not yet completed. I 5. Petitioners paid a totals/I $3 or—the n n bui'1T]l-ng-- as follows: i II Land $ 90, 000 Building Contract 221,000 ! Extras 14, 672 1 IIThe price paid included the amenities not yet completed on the I assessment date. II6. The assessor ' s estimated market value for the subject property ii as of January 2, 1988 was $310, 700. That value was reduced by the local board of review to $293,100 ( 90% of $325, 672) . • 7. The Court finds that the subject property had a fair market value of $319, 200 on January 2, 1988 ($90, 000 for land, $229,200 for the building) .' 8. Residential property in Chanhassen was generally assessed at ! 89.3 percent of market value for the 1988 assessment. Petitioner is ) Itherefore entitled to equalization relief. The equalized value of their home was $285,046 on January 2, 1988. CONCLUSIONS OF LAW 1. The assessor ' s estimated market value for the subject property as of January 2, 1988 shall be reduced on the books and records of the County of Carver from $293,100 (as adjusted by the local board of -2- II 11 review) to $285,046. ' 2. Real estate taxes due and payable in 1989 shall be recomputed accordingly. LET JUDGMENT BE ENTER i oCCORDINGLY. pF MIN ,A BY THE COURT, ! ( fJe Mi n sota Tax Court DATED: August 25, 198• C 11 1 1 ' 1 • MEMORANDUM The petitioner claims that his home was overvalued for the January ' 2, 1988 assessment. He bases this claim on several factors. First, '1 the assessor placed a value of $122,000 on the land, whereas the contract price paid for the land in 1987 was $90, 000. There were also items of construction included in the contract price which were not yet completed on the assessment date. -3- f i Other factors which petitioner claims negatively affect his home' s value are the fact that the property is less than 200 feet from a public docking area which is very busy and noisy on weekends, and the homes built in the area since the fall of 1987 are of much lower value than his own, generally under $200, 000. Petitioner claims that these factors negatively impact the value of his own property to the extent that he could never sell his home for what he paid for it. We make no specific finding regarding these factors because their impact on value was not evident on the assessment date at issue, January 2, 1988. The impact of these factors should be considered for later assessment dates. Respondent offered the appraisal report and testimony of Orlin H. Schafer, S.A.M.A. , the Carver County Assessor . Using the cost approach Mr. Schafer estimated the value of the subject property to be $319, 200 based on the contract price paid with adjustments for • unfinished work. Using the market data approach to value Mr . Schafer found an indicated value of $325, 700, which he adopted as his final estimate of value. We find that the cost approach is a much better indicator of value for this case because the property was newly constructed on the assessment date. Other factors in the marketplace would not be as persuasive at this point in time as the actual cost of construction. Whether the value of that construction cost holds up in future years is a question not now before the Court. Petitioner also claims that his property was unfairly and unequally assessed when compared with other residential property in Chanhassen. The 1988 Assessment/Sales Ratio Studies developed by the -4- Department of Revenue indicate the following median ratios for residential property: 9-Month Study 12-Month Study Carver County 89.3% ( 423 items) 89. 8% (511 items) Chanhassen 89. 3% (142 items) 89.3% (172 items) Based on this data and giving greatest weight to the median ratio in the 9-month study, we find that the general level of assessment for residential property in Chanhassen was 89.3 percent of full market value for the 1988 assessment. Petitioner' s property is entitled to be valued at 89. 3 percent of its fair market value on January 2, 1988. M.J.S. It*Office of her certify that the attached instru b a tine and correct copy of the original "Court and of racer in nisi office. "Court pile No County D':r C ek ti e4- lo�p�by p�!�ct Cout�actmp e j' pepyhr CoYd •1 ilDif" kg DWI -5- IDouglas H. Volkmeier Sandra L. Blair 6420 Fox Path N� Chanhassen, MN 55317 May 4, 1990 11 Chanhassen Board of Review Chanhassen City Hall Chanhassen, MN 55317 To Whom It May Concern: Re: FLT-25270 Fox Chase N� Lot-007 Bloc -001 My wife and I will not be available to attend the meeting N� being held on May 15, 1990 at 7: 00 p. m. and therefore, want to take this opportunity to formally protest the assessment value placed on cur home at the above address. m� We would like to make known the following: ' * The assessed value is significantly higher than the purchase price of the home. * This home is NOT located on the lake, nor do we N� have lake rights or an access point. |� While the lot sire would appear to be generous, I ' consideration should be given to the fact that a . water/utility easement runs thru the back yard, ma � ing most of it unreachable and unusable and quite frankly, an eyesore. (Should you be N� wondering why we bought the lot under those circumstances, we bought the lot in the winter and were not aware of the easement. ) m� * The house contains under 2,700 square feet of finished living space. N� * The bouse has only �wo bedrooms. We respectfully request that consideration be given to N� lowering the assessment value of our home, more accurately reflecting its true market value. Thank you for your onsiderati n. N� ~~ ��� nw � 0 Dougl as H. Vol kmeier Sandra L. Blair CM DE CHANHASSEN Mr. de Mts.Lowttl Swenson 1890 c� • MAY 10 � cior,X 55331 c .cmcwcwitiAssui I May 10, 1990 I Chanhassen Board of Review Chanhassen City Hall 690 Coulter Drive Chanhassen, MN 55317 ' We are the owners of our residence at 1890 Partridge Circle in the Pleasant Hills Addition of Chanhassen. The notice of assessor's estimated value of the property states that the value to be $156,500. ' On December 14, 1989, we purchased the above property for the price of $150,000. It has been our observation in the owner- ' ship of previous residences, that the assessor's estimated value is somewhat lower than the marketable selling price. We want to appeal the assessor's estimated value of $156,500. We think that it is too high in comparison to the price we paid. Please give this your attention and consideration. IThank you. Sincerely, O��wsLlf Af Lowell aiid Audrey Swenson I I i I I I I -CHICAGO TITLEINSURANCE COMPANY CHICAGO TITLE AND TRUST COMPANY BUYER'S/BORROWER'S SETTLEMENT STATEMENT PAGE: 1 ESCROW NUMBER: 002257965 CLOSING DATE: 12/14/89 BUYER: Lowell C. Swenson and Audrey P. Swenson ' SELLER: Corporate Transfer Service PROPERTY: 1890 Partridge Circle, Excelsior, Minnesota 55331 CHARGE BUYER CREDIT BUYER Sales Price $ 150,000.00 $ Earnest Money Deposit 3,500.00 Recording Fees 20.00 Funds Due From Buyer At Closing 146,520.00 ' TOTALS $ 150,020.00 $ 150,020.00 I 1 ' C owell C. Swenson Corporate Transfer Service u•rey P. son 1 I I CARVER COUNTY ORLIttf-.=S.0 t FEI1_ -_ I 600 EAST 411411;=ST E.T• BOX 10 \ = ._-. . `-- y CHASKA MN �"S43318• _ NOTICE 5 �T ,":.�. , ":� -• . ASSESSOR'S ESTIM�� elt O P ERTY ;X DESCRIBED •556.500 1990 R 25.6040210 GRN AC LOWELL E AUDREY P SwENSON IPiccIERrycLAsRESIDENTIAL 1890 PARTRIDGE CIR FULL HOMESTEAD EXCELSIOR• MN 55331 I . PLT-25604 PHEASANT HILL 2P LOT-012 BLOCK-002 .34 AC I In making an appeal you may appear in person;send a letter or a representative to the meeting of your city or town board of review on MAY 159 1990 at FPM at CHANHASSEN CITY HALL I If you disagree with their decision,next you make an appeal by going in person or by sending a letter or a representative to the meeting of your county board of equalization in the courthouse on *JUNE 1 B 19 Please call the County Auditor's office to set up an appointment for county board. 1 1 I I I • I I I I I I MAY 10 199j CITY OF CHANHASSEN May 8, 1990 Real Estate Tax Review Committee ' Chanhassen City Hall 690 Coulter Drive Chanhassen, Mn. 55317 Dear Sir or Madam; I have received my Notice of Assessment for my 1991 Real Estate taxes. ' My residence has been valued at $103,200. I think that when the valuation was assigned, consideration was not given for the significant structural damage to the attached garage. Frost has caused large cracks in the walls ' and the walls have been move several inches from where the belong. I have been told that it will cost approximately $10,000 to repair these damages and I feel this amount should be deducted from my real estate ' valuation. My property description is: PLT-25300 GREENWOOD SHORES LOT-021 BLOCK-002 Thank you for your consideration in this matter. • 1 1 Sincerely; 9 Jim Landkammer 6901 Utica Lane Chanhassen, Mn. 55317 1 1 r I