04-24-2002 Board of Review Packet

Home Browse Search

April 24.2002 (hand dclh-crcd)1 ^ •V ‘f T - *'>t:, j • V. 4 V* w Local Board of Appeal A Equali/nlion %Orono City Hall Appeal of Estimated Market Value and Market Value for Taxation for 2002 (2003 Taxes) PropertylD 08-117-23 410001 Property Address 3200 North Shore Drive, Wayzaia.Mn 55391 Greetings, We are questioning both ofthe abo\ e items. We ha\e had little opportuniiy to pull together information as the Assessor’s office just returned our call yesterday. The property right next to us recently sold for o\ er S20.000 less then our 2002 Est Market Value. It is ^te ffimUy to ours - two bedroom older home, a little smaller, niih a two car garage. Their total land area is a little smaller then outs but our property has three major easements that significantly reduce the usabilit)' - a ten foot easement down the length (oi^ 57 feet wide to begin with); a sewer laimping lift station cuts th? property in half anda sewer line cutting accrossed nearly the full widdi for a neighboring home. In addition, there are overhead power lines to an at^jacem property cutting accrossed our land in another foeat*"" Our useable land is less then the property that sold a^ is not on one continuous piece. We therefore feel our Fri«n«t"d Market Value is at least S20.000 to high. We are unable to relate the Limited Market Value to the Statue's requirements and question iv> calcubtion as being in compliance with the law. Further, we have continually requested a ‘This (Md House’ e.xception for the impro\ cment we made of adding the garage. That is not reflected in this statemern. The increase in our Estimated Market Value was 20%i This is totally unrealistic and not supported by an sale of similar property’ right next to us. We ha\ c a smalL older two bedroom home with a two car gjiray dift floor in port ofthe basement, exposed piping in the kitchen, painted ceiling tiles in the halL Some areas of the home are better then others. We ha\ c seen the inside of the other home and found similar conditions. We knew and socialized with the gentleman that li\od in the other home before it was sold. We are concerned that overvaluing the property will negatively impact our ability- to maintain this home thru our retiremenL We are not wealthy people. We saved to purchase the property-ar ’work long hours to try to improve it and be good neighbors and responsible tax powers but we are also conixmed that lax policy may well penalize us for our efforts. We appreciate your consideiation of our appeal. /Z Shirley Hendrickson Property- Owners and Residents 1 J