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why.rft,S -TTk- . •>y'X « tb. t;.:- •-. <br />'1%^^ <br />■>. f <br />^■y-: <br />IT, S', j <br />t'’ y *•'■ •' * * ‘ <br />mini'- <br />f. <br />ir-'fe <br />s^ <br />% <br />.V. <br />'iA^' <br />'i?f • ■<K' <br />Wm <br />‘'ft- <br />v> <br />v>^ <br />im <br />; !\.'Vv>;-- <br />Aii.V <br />1MINUTES OF ORONO 1992 RECONVENED BOARD OF REVIEW MEETINGHELD MAY 11, 1992 <br />Kalth Bares. 2020 Salem Court. PIP# 27-118-23 31 0015. said the <br />four other houses In the neighborhood that are comparable that Just <br />sold Indicate a reduced valuation In property values. <br />Erickson explained that the sales data used is prior to October 1, <br />1991. He noted market changes will be reflected on the 1993 <br />valuatIon. <br />It was moved by Butler, seconded by Mayor Peterson, to approve the <br />Assessor’s recommendation for Keith Bares of 20?0 Salem Court. <br />Ayes 4, nays 0. <br />Steve Sobienlak. 3399 Crystal Bay Road, PIP# 17-117-23_44_00.2.1 <br />stated his valuation went from $84,000 for 1990 to $119,100 for <br />1991. He stated the house Is being remodeled but currently the <br />only valuation Is with the land and the new foundation. He felt <br />a fair valuation would be $98,000. He explained they purchased the <br />property a couple years ago at $125,000 because he is self employed <br />and could not qualify for a mortgage they opted to purchase on a <br />contract for deed and an assumable mortgage. <br />Butler asked If past practice had been if a property is in the <br />process of abatement, the Board typically left it alone until the <br />County made its decision. <br />Erickson concurred that to be true but noted they had not yet <br />fI led. <br />Mrs. Sobienlak said they have filed for an abatement <br />It was moved by Goetten, seconded by Mayor Peterson, to accept the <br />Assessor’s recommendation for property owned by Steve Sobienlak at <br />3399 Crystal Bay Road. Ayes 4, nays 0. <br />Leo Hauser. 425 Ferndale Road North. Pipe 36-1 15-23 14 0014.1. stated <br />his former residence was much bigger on a larger parcel of land, <br />and yet both properties are basically valued at the same amount. <br />Butler reminded him that the former residence <br />earl Ier. <br />was built much <br />Erickson noted that land values In that area were raised across the <br />board. He stated that older homes do not typically sell as well. <br />Hauser asked how the valuation Is established <br />Erickson explained that they look <br />basis and the level of assessment. <br />at comparable sales on <br />He noted they suggested <br />a <br />a <br />mass <br />I ower