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05-08-2000 Board of Review Reconvened Packet
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05-08-2000 Board of Review Reconvened Packet
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3/15/2023 12:23:21 PM
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• 'Att. 26.2000 4:02Fa H:i;IY;vELL 612230 3533 llo. 7474 ?. 3/3 <br />In short, my contention is this: The EMV for the property for 1998 was 100.7% of the <br />sale price and MVT was 98.6%. Other sales and subsequent sales and listings for the area <br />run in the 75-85% range of MVT. An equitable MVT for 1998/99 would therefore be <br />80% of the 725,000 sales price or $580,000. <br />At an increase of 7% per year, the 1999/2000 and 2000/2001 MVT's would be <br />$620,600 and $664,042 respectively. The 2000/2001 EMV would be $830,050 at a .80 <br />ratio or $749,652 at the proposed .8858 ratio in this years Notice. <br />I believe that this proposed valuation is consistent with other properties of a like kind and <br />reflects the unique nature of tlie house. <br />V* <br />Keith £. Aakre <br />J
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