05-09-1994 Council Minutes Reconvened Board of Review

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MINUTES OF THE RECONVENED BOARD OF REVIEW MEETING • HELD MAY 9, 1994 Eugene C Clark 1955 Heritage Drive 10- 117 -23 13 0014, stated there was a tendency by all elected officials to point fingers up and down but wanted the local government to be aware that it starts here. He explained that his lot was 1 of 15 in the Fox Hill subdivision. Two lots of the 15 have not been built on and have a valuation of $34,700. His land, which is about the same size as the other lots at 2.5 acres, is valued at $62,000. He felt this was a direct measure of the undeveloped land to the developed properties. Two pieces of property in the subdivision were of less value than the others. One of those pieces is the Clark property and was valued lower because of the railroad tracks. These two properties both have similar, inexpensive homes which are on a slab with no basement, single -story and a four -car detached garage with the house footprint at 1665 s.f. The other home had an expansion of a few hundred square feet and sold in October of 1993 for $137,000 after being on the market for 2 -3 years. The Assessor wants to keep the valuation at $137,000. Clark feels if comparable sales are used, their home should be valued in the $120,000 range. Kelley asked if the comparable home had a pool. Clark responded it did not. Erickson noted the comparable home was a bank foreclosure. He added that the comparable home the Assessor used was at 945 Forest Arms Lane with 1188 s.f., basement and 2 -car garage with access to the bay that sold for $135,000 in August of 1993. That house was not as good as the Clark home. Clark chose not to appeal the 1994 valuation but he felt that was too high also. He felt the Council should look at the house which sold in his neighborhood that is directly comparable to his. The Assessor commented that they do not use foreclosure sales for comparables. Kelley asked about the pool. Clark responded it was is acquired with the home but thought it was installed in 1976 at 20' x 40'. He added that he would be more inclined to take the pool out rather than put another one in. Clark added that Fox Hill has an outlot of 300' of shoreline that is a separate parcel considered lake access. The Homeowners' Association divides up the taxes on that parcel. Callahan thought it would still add value to the property at 1955 Heritage Drive. It was moved by Mayor Callahan, seconded by Hun, to accept the Assessor's recommendation of $137,000. Ayes 4, nays 0. Nancy Moe 1230 Spruce Place 08- 117 -23 32 006 and 1220 Loma Linda Avenue, 08- 117 -23 32 0005, was disappointed the valuations did not change. Hurr stated it was difficult to see why the value of the cabin on Loma Linda increased by almost $14,000 when comparing it to the Bockmann house that is a year -round home valued at $35,000. Rolf responded that the value had been frozen but since there was some utility as a cabin there was some value to the cabin. Since it is a 75' lot, the land value was appropriate. Moe commented that the cabin was nothing more than a glorified tent. Mayor Callahan stated there was a sharp increase in the building value as well as a 10% increase in the land value. Hurr did not object to the land increase but felt the doubled value on the building was questionable. It was moved by Hurr, seconded by Goetten, to accept the valuation of 1230 Spruce Place at $74,000 and to reduce the value of the building on 1220 Loma Linda Avenue to $18,000. Ayes IS 4, nays 0. 3