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<br />MINUTES OF THE BOARD OF REVIEW MEETING
<br />HELD APRIL 29, 1993
<br />Callahan pointed out valuations are done every year whether or not
<br />the property has been visited by the Assessor.
<br />Callahan recessed the meeting from 9:25 to 9:35 p.m.
<br />David Elmguist, 1930 Shadywood Road, #17- 117 -23 24 0022, 1993 value
<br />$168,100, 1992 value $151,300, which reflects a 29% increase. He
<br />noted a discrepancy that he has only 100' of lakeshore and the
<br />Assessor has 110' recorded for this property. He stated the
<br />property is shallow, has a 10' access easement across it, and is
<br />located near the channel. He said they have an erosion problem and
<br />a noise problem. He felt this lot should be assessed lower than
<br />property further from the channel.
<br />Erickson noted houses further from the channel are valued higher.
<br />Bob HoIthaus, 310 Hollander Road #25- 118 -23 43 0010, 1993 value
<br />#269,000, 1992 value #263,000. He said he has had his house for
<br />sale at the current value since last June and has not even had an
<br />• offer. He felt $250,000 would bean appropriate value. He clarified
<br />that his home is a 1 1/2 story cape cod style opposed to a rambler
<br />as the Assessor had indicated they have listed on their documents.
<br />Erickson noted homes with a second story are generally valued at
<br />a higher rate than a single story.
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<br />Ernie Blanchard, 2585 Dunwoodv Avenue, #20- 117 -23 21 0032, 1993
<br />value $290,900, 1992 value $256,800, which is a $34,000 increase.
<br />He felt the property is worth $250,000 as he has made no
<br />improvements. He said in 1979 his value increased $21,000, 1980 was
<br />$40,000, and 1981 $50,000. He added the property adjacent was just
<br />sold for a $100,000 loss.
<br />Dean Mol in, 248 Cygnet Place, #04- 117 -23 23 0017, 1993 value
<br />$167,900, 1992 value $157,500. He said he talked to Dave Wilde who
<br />indicated the 1993 value should be closer to the 1992 value.
<br />Mary Dale and Joe Jester, 2515 North Shore Drive, #09- 117 -23 41
<br />0002, 1993 value 395,700, 1992 value $353,500, which is a 12%
<br />increase or $42,200. Realtors have indicated the property is worth
<br />$350,000. She noted it is a beautiful lot, but would be very
<br />difficult to rebuild a house based on current standards and the
<br />current residence is in a tear -down state. They also share a drive
<br />and have an old well.
<br />VA
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