04-21-2004 Board of Review MinutesA

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fcTT »TJ rr «T 3 MINUTKS Ul* TIIK ORONO LOCAL BOARD OF APPKAI.S AND KQUALIZATION MEETING Wednesday, April 21,200>t 7:00 o’clock p.m. Mr. Kicllcy staled he had two |H)inls to make and 'vas willing to meet with the assessors to discuss them. I Ic pointed out the property is elo.se to the intersection of C’R 19 near 5 1 which is a heavily used road as well as the attendant Irafllc noises at the slop signs. He explained the road is dangerous and described that when he walks his dog their experience is llul the traffic is olk*n faster than the posted mph. Also, it is dangerous because of a bend in the road and limited visibility. Mr. Kielley’s second point relates to the house that was a cottage with three side porches of l‘^2lfs construction. In 19% they did some extensive first lloor remodeling and afier that went to have similar work done on the second lltwr but were told that due to foundation problems, a .steel superstructure over the first lloor like a ‘cover’ would ha\e to be built for a second story. A visit to the basement would show the foundation issues. Davy conllnneil the assessors would contact Mr. Kicllcy to view the property and hou.se. ,1) Gail Blackslonc, 4475 Forest Lake l.anding, PID1107-1 17-2.1 24 002.1,07-117-2.1 24 0024 Ms. Blackstone explained that last year the property value for this property went up very significantly on the two parcels at this addre.ss: 47.2"/o for l»ID «07-l 17-23 24 0023 and 2S.()% for PID «07-l 17- 23 24 0024. She called the assessors office at ‘hat time and ultimately deeiiled not to come to the 2(M)3 Board of Appeals and liquali/ation Meeting for a variety of reasons, including that values needed to move to rellecl the value of the land. Ms. Blackstone expected an increase for 2004 to rellect the rea.sonable proportion for this category of property. The increase in I’ll) 1107-117-23 24 0023 is IO..S"« but the concern she has is over the 35.2'!o increase on I’ll) «07-| 17-23 24 0024. She stated she does not understand this year why the one parcel inerea.sed o\er another 35%. Ms. Blackstone adviseu she did call the assessors but was unsatisfied w ith the respon.se. Mayor Peterson asked if the assessors had visitcil the property. Davy indicated this is a land i.ssue and he did drive by the property and reviewed .some of that area’s land values. I le stated that some t>!'the land values are increasing quite astonishingly but the percentages are sound. Da\ y reported the 2(M»3 land value was SSb.(MM) and for 2(MM is $95.(MM) on PID Wt)7-117-23 04 (M)23 and the 2(M)3 land value was S52.(MM» and for 2(M»4 is S7I.(KH) on PID t/-07- 117-23 04 0024. both being similar in si/e. Davy adv ised that the two parcels together fomi a buildable site with a combined value of SI 55.0(K». Me reported that the next door property is valued at SI55.(MK). too, and liHtking at other properties and what they have sold for ov er the past few years has led to making some pietty significant adjustments for this property. White asked if the site was triilv buildable. Ms. Blackstone deseribetl the property as being quite sloped both lengthwise and towards the streets but it docs have a tiny cabin on it w hich would need to be demolished before any building could occur, aiul would al.so involve extensive site grading. She repeated that she understood hist year when the increases occurred to ailjust for sales but did not expect a huge adjustment to happen two vears in a row. Page 4 of 11