04-24-2002 Board of Review Minutes

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MINUTES OF THE ORONO BOARD OF REVIEW HEARING Wednesday, April 24, 2002 • 7:00 o'clock p.m. Rasher stated the total value on the appraisal is $425,000, which is around $200,000 less than the valuation placed on his property. Rasher distributed a photograph of his residence showing the stairway access to the house. Jensen stated there is $147,000 difference between the building value on the fee appraisal and their building valuation, noting there have been some improvements made to the landscaping and retaining walls by the lakeshore. White inquired how old the house is and how big the lot is. Rasher stated the house was built in 1968. Jensen stated the lot is approximately 24,000 square feet, with a lakeshore frontage of around 160 feet. The Local Board requested the County Assessor's Office revisit this property. 4. William Robinson, 505 Willow Drive, PID 04-117-23 410001, stated he has lived on this property for the last 14 years. Robinson stated last year his value was $792,000, with this year's valuation being $1.04 million. Robinson stated they have not made any improvements to the property, with the residence being approximately 24 years old. • Robinson questioned the huge increase, noting that it increased over $300,000, which in his view is not warranted. White inquired how many acres the property consists of Robinson stated the lot is 12 acres. White inquired whether Robinson has talked to the County Assessor's Office prior to tonight. Robinson stated he has not. The Local Board requested the County Assessor's Office visit this property. Robinson stated in the past he has experienced fairly steady increases, which is understandable, but expressed a concern with the 38 percent increase in valuation he experienced this year. 5. Roger Kirchner, 2000 Shadywood Road, PID 17-117-23-310001. Kirchner stated the proposed valuation on his property for 2003 is $446,000, which is slightly over a 40 percent increase from the year before. Kirchner stated his land is unique in shape, with only 45 feet of shoreline, and a small residence on the lot. Kirchner stated he experienced a 14 percent increase last year, with this year's increase being over 40 percent, which is concerning to him. Kirchner noted the County Assessor's Office has reduced his value to $428,000, which in his view is still too high for this property. Kirchner stated in his view the property should be increased by only 15 percent, which would increase his valuation to $365,000. PAGE 5