Laserfiche WebLink
MINUTES OF ORONO 1992 RECONVENED BOARD OF REVIEW MEETING <br />HELD MAY 11, 1992 <br />Keith Bares 2020 Salem Court, PID# 27-118-23 31 001_5 said the <br />four other houses in the neighborhood that are comparable that just <br />sold indicate a reduced valuation in property values. <br />Erickson explained that the sales data used is prior to October 1, <br />1991. He noted market changes will be reflected on the 1993 <br />valuation. <br />It was moved by Butler, seconded by Mayor Peterson, to approve the <br />Assessor's recommendation for Keith Bares of. 2020 Salem Court. <br />Ayes 4, nays 0. <br />Steve Sobieniak, 3399 Crystal Bay Road, PID# 17- 117 -23 44 0021, <br />stated his valuation went from $84,000 for 1990 to $119,100 for <br />1991. He stated the house is being remodeled but currently the <br />only valuation is with the land and the new foundation. He felt <br />a fair valuation would be $98,000. He explained they purchased the <br />property a couple years ago at $125,000 because he is self employed <br />and could not qualify for a mortgage they opted to purchase on a <br />contract for deed and an assumable mortgage. <br />Butler asked if past practice had been if a property is in the <br />process of abatement, the Board typically left it alone until the <br />County made its decision. <br />Erickson concurred that to be true but noted they had not yet <br />filed. <br />Mrs. Sobieniak said they have filed for an abatement. <br />It was moved by Goetten, seconded by Mayor Peterson, to accept the <br />Assessor's recommendation for property owned by Steve Sobieniak at <br />3399 Crystal Bay Road. Ayes 4, nays 0. <br />Leo Hauser, 425 Ferndale Road North, PID# 36- 118 -23 14 0014,_ stated <br />his former residence was much bigger on a larger parcel of land, <br />and yet both properties are basically valued at the same amount. <br />Butler reminded him that the former residence was built much <br />earlier. <br />Erickson noted that land values in that area were raised across the <br />board. He stated that older homes do not typically sell as well. <br />Hauser asked how the valuation is established. <br />Erickson explained that they look at comparable sales on a mass <br />basis and the level of assessment. He noted they suggested a lower <br />3 <br />