04-30-1991 Council Minutes Board of Review

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8. Alan Carlson, 3125 Fox Street - 04 -117 -23 33 0011. The valuation for 1991 is $870,900; an increase of $160,000 from last year. There was amendment in last years valuation because additional land was added into the value and he fears that is what happened this year. Mr. Erickson will check into this and submit a recommendation. Alan Carlson, Watertown Road - 33- 118 -23 32 0001. The 1991 valuation is $404,200 of which $182,200 is placed on the- building which has been removed from the property. Mr. Erickson will check into this. 9. James Lorence, 4460 North Shore Drive - 07- 117 -23 31 0039. The valuation for 1991 is $224,300; 1989 was $214,000. In four years the value has increased by $66,000 and according to the real estate market, it has actually decreased in value. Mr. Erickson will be in contact. 10. Matthew Nicoll, 2943 Farview Lane - 04- 117 -23 34 0008. The 1989 valuation was $278,500; 1990 was $311,000; and 1991 is $309,000. He feels the valuation should be about $260,000, which is what an appraisal done last fall reflected, and there is a house on the same street which sold two years ago for about $250,000. Mr. Erickson will be in contact. 11. Ron Sheldon, 3225 Bayside Road— 05- 117 -23 41 0017. The 1989 valuation was $268,500 1991 valuation is $353,500 which is almost a $90,000 increase which is an extraordinary amount. Mr. Erickson will be in contact. 12. Ward Edwards, 2474 Carman Road - 20- 117 -23 12 0027. The 1991 valuation was $295,500. The house was `newly constructed and finished in June of 1990. The actual cost of building was $147,411, plus an additional $39,938 for poor soil conditions which needed to be corrected, and the 1990 value for the land was $84,000. The mortgage appraisal for the new home was $260,000. Mr. Erickson will be in contact. 13. Stewart Perry, 2975 Casco Point Road - 20- 117 -23 31 0045. The valuation for 1990 was $292,000; 1989 was $260,000. Mr. Smith, the previous assessor, had indicated that there would be no increase at that time in taxes as the mill rate would be reduced. There was a 20% increase. Mr. Erickson will be in contact. 14. Lou Smerling, 2683 Casco Point Road - 20- 117 -23 23 0001. There has been almost a 20% increase in taxes. It is a summer cottage which has no heat or insulation. It. is currently valued at $121,000 and to sell for that price to someone knowing they must then spend money to tear down the existing buildings will be difficult. The cabin,is built on the top of a very steep cliff. Mr. Erickson will set up an appointment to meet on the site to review the valuation. 3