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'M ■hi . * <br />^r’* <br />m <br />1‘ <br />i' <br />;•'.!•:■ \y <br />Ir <br />;• I' <br />t:., ^'v <br />1^,0' ■’ '■..' ' <br />v"' . -1 <br />ii': ^iV*' .• <br />r ■■'■■r <br />*•’ r," . <br />tr' <br />la <br />i--:^v.m <br />ra <br />^ ’ :■* <br />\y <br />■f <br />.i- <br />% <br />"I <br /># <br />A • <br />', 'i v'i**" ■, ^ <br />MINUTES OF ORONO 1992 RECONVENED BOARD OF REVIEW MEETING <br />HELD MAY 11, 1992 <br />Katth Bares. 2020 Salem Court. P1D» 27-118-23 31 0015^ said the <br />four other houses In the neighborhood that are comparable that just <br />told Indicate a reduced valuation in property values. <br />Erickson explained that the sales data used Is prior to October l, <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 2020 Salem Court. <br />Ayes 4, nays 0. <br />Steve Soblenlak. 3399 Crystal Bay Road. PIP# 17-1 17-23 44 0021^ <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 <br />process of abatement, the Board typically left it alone until <br />County made its decision. <br />the <br />the <br />Erickson concurred that to be true but noted they had not yet <br />filed. <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 j. <br />Leo Hauser. 425 Ferndale Road North. PIP# 36-118-23 14 0014., 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 was built much <br />ear Her. <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 />Haus-'tr asked how the valuation is established. <br />Erickson explained that they look at comparable sales on a mass <br />basis and the level of assessment. He noted they suggested a lower <br />■{