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HINUTES Of THE BOARD Of REVIEM MEETING <br />HELD APRIL 29, 1993 <br />Jabbour cautionad Schoan not to admit ;he buildability of a <br />proparty without propar documantation. <br />Bob Andaraon. 3B43 Gharry Avanua. i08~117-23 33 0040, 1993 valua <br />$62,200, 1992 valua $57,200, 1991 valua $55,600. Ha said ha has <br />Just acquirad tha hoaia, but his parants ownad it for 40 yaars, of <br />which tha last 15 yaars it was not proparly maintainad. Ha notad <br />it has watar problams, no running watar, and is locatad naxt to a <br />watland. Ha indicatad tha watlands has baan usad for dumping in tha <br />past by adjacant naighbors, and on vary warm days ona can small tha <br />oil that has bawn uapositad. Ha fait it was worth $58,000. <br />John Marash. 2065 Cecity Road 6. 627-116-23 31 0019, 1993 valua <br />$314,900, 1992 valua $290,500. Ha indicatad ha purchasad tha <br />proparty In 1989 for $265,000, and tha markat valua at that tima <br />was $303,000. It was latar raducad to raflact tha purchasa prica. <br />Ha said tha housa was originally dasignad for commarcial usa. Is <br />locatad on a Highway 12 corridor, and is 20 yaars old and naada <br />upgrada. A racant appraisal dona for financial raasons indicatad <br />a valua of $300,000. Ha addad homas in Orono ara not continually <br />inflating as tha Assassor suggasts. Ha said tha proparty was an old <br />traa farm and ha has sustainad approximataiy $10,000 to $15,000 <br />worth of traa damaga during tha past yaar. Ha fait his proparty la <br />worth $295,000. <br />Qaoraa Caoo. 20B0 Shoralina Driva. ai5~117~23 21 0006. 1993 valua <br />$442,000. Ha said ha purchasad tha proparty in Octobar 1992 for <br />$415,000. <br />Erickson notad tha proparty was sold via a shariff*s sala. <br />Capp indicatad tha proparty was on tha markat for 2 yaars prior to <br />that sala. <br />Hurr quastionad tha amount of lakashora. <br />Capp clarifiad ha has accass to tha I aka via an aasamant. <br />Jabbour inquirad whathar a sharlff*s sala is considarad tha sama <br />as a distrassad sala. <br />Erickson concurred that It is and notad thasa types of sales ara <br />not usad datarmina markat valua. <br />Capp said ha purchasad tha home from tha bank who bought tha <br />proparty for $406,000.