Sr. Hsg 2003-2004 Orono Woods - Laserfiche WebLink

Home Browse Search

2003 NOTICE OF VALUATION AND CLASSIFICATION - COUNTY OF HENNEPIN For taxes payable in 2004 - This is NOT a bill - Municipality: ORONO Property Identification Number: 34-118-23 21 0036 Property Location: 38 ADDRESS PENDING ORONO HSG & RDVLPT ATHY 2750 KELLEY PKWY ORONO MN 55356-9387 The values indicated are for the January 2, 2003, Assessment for taxes payable in 2004. The prior year data has been included fo comparison purposes. 2002 for 2003 Taxes 2003 for 2004 Taxes Property Classification: APARTMENT APARTMENT NON-HOMESTEAD NON-HOMESTEAD Estimated Market Value: $ 660,000 $ 5,270,000 Limited Market Value: $ 660 ,000 $ 5,270,000 Value of New Improvements: $ 10 ,000 $ 3,852,000 This Old House Exclusion: $ 0 S 0 Taxable Market Value: $ 660,000 $ 5,170,000 Appealing the Value or Classification of Your Property If you believe the 2003 estimated market value and/or classification of this property has been determined incorrectly, you have the right to make an appeal. Inquiries concerning valuation or property class should first be directed to your Assessor's Office within the next five days. This is an important first step of the appeal process. Many times questions and concerns can be addressed informally, prior to the Local Board meetings. You can contact your assessor at the following phone number: 952-249-4640 Appeal Option 1: Boards of Appeal and Equalization Step 1:Local Board of Appeal and Equalization or Open Book Meeting • If you believe your value or classification is incorrect you may bring your case to the Local Board of Appeal and Equalization.You may appear in person,by letter,or be represented by an authorized agent. Please call your assessor first, an appointment may be necessary. It is required that you first attend the Local Board prior to attending the County Board of Appeal. • If your municipality has opted for an Open Book Meeting (M.S. 274.13, Subd. lc, Alternative Review Option),the Open Book meeting is designed to give you information about sales activity in your area and the opportunity to discuss your property's value and/or class with an assessor.Under this option,there will not be a Local Board meeting and you are not required to attend the Open Book Meeting prior to attending the Hennepin County Board of Appeal and Equalization(step 2). • The Step 1 meeting time and place for your city is as follows: 7:00 PM on APR 23, 2003 at ORONO COUNCIL CHAMBERS Step 2: Hennepin County Board of Appeal and Equalization • The County Board of Appeal and Equalization begins on June 16,2003, at the Hennepin County Government Center,300 South Sixth St.,Minneapolis,MN 55487. Application is required no later than June 9,2003. To appear before the County Board,you must have appeared before the Local Board of Appeal and Equalization. If your city has opted for the Alternative Review method, it is not a requirement to have attended the Open Book Meeting prior to scheduling an appointment with the County Board. Phone:(612)348-7050.[TTY(612)348-3461 teletype] Appeal Option 2: Minnesota Tax Court Small Claims Division You may take your case directly to the Small Claims Division of Tax Court if: • The assessor's estimated market value of your property is less than$300,000;or • The entire parcel is classified as a residential homestead(1 a or lb)and the parcel contains no more than one dwelling unit;or • The entire property is classified as an agricultural homestead(2a or lb);or • You are appealing the denial of a current year application for homestead classification of your property. Regular Division • Regardless of your property type or the nature of your claim,you always have the option to file directly with the Regular Division of Tax Court. • You have until April 30,2004,to file an appeal with the Small Claims Division or the Regular Division of Tax Court for this year's valuation notice. For more information, contact:Minnesota Tax Court,25 Reverend Martin Luther King Blvd., Room 245, St. Paul, MN 55115 Phone: 651-296-2806 [TTY Relay(800) 627-3529 Teletype] Web site: http://www.taxcourt state.mn.us E-mail: info(a taxcor irt