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Apr. 26.2000 4:02PM HiNZV^ILL 6125:03 633 II'- ’ V - <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 />5620,600 and $664,042 respectively. The 2000/2001 EM\’ would be $830,050 at a .50 <br />ratio or 5749,652 at the proposed .8858 ratio in this years Notice. <br />I believe that tins proposed valuation is consistent with other properties of a like kind and <br />reflects the unique nature of the house. <br />Keith E. Aakre <br />I