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MINUTES OF THE ORONO BOARD OF REVIEW <br />HELD APRIL 26,2000 <br />not like to see residents being forced to move due to taxes, but that is not a factor that can be <br />considered in determining the appropriate value for the residence. <br />Mayor Jabbour e.xplained the appeals will be heard in the order in which the property owners <br />have signed in upon arriving. He requested that each owner state his name, address of their <br />property, property identification number, and any other information the propertv' owner feels is <br />appropriate. <br />* »PEALS <br />1.Raj Maheshwari, 80 Truffula Trail. Maheshwari stated he disagrees with the valuation <br />placed on his property, and requested that the assessor visit the property. Maheshwari <br />stated he resides on a private road and does not receive any city or county services. <br />Maheshwari stated the costs to construct a new home are lower than what his valuation <br />is set at. The appraised value for the year 2000 is $424,300, with last year's value being <br />listed at $387,000. <br />Sansevere inquired what steps the assessor takes in determining someone's value on their <br />property. <br />Davy stated they do a complete walk through of the residence, take measurements, talk to <br />the property owner to find out any concerns or problems with the house, and review any <br />independent appraisals the property owner may have. Davy noted refinance appraisals tend <br />to be on the lower side. <br />Sansevere inquired whether the property owner should have an independent appraisal done, <br />Davy stated it is not necessary and it is up to the property owner. <br />Mayor Jabbour requested the Assessor visit the property before the Board of Review is <br />reconvened. <br />2. Mary Nicoll, 160 Smith Avenue. Nicoil stated they have had an independent appraisal <br />completed on the property, w hich has just recently been sent to the appraiser's office. <br />Davy noted he did receive the appraisal this morning. <br />Nicoll commented in their view the valuation on their home is outrageous, with this year’s <br />value being listed at $597,000. Nicoll stated the value on their home is not in line with other <br />comparables in the area. <br />Page 2 <br />I