04-15-2009 Council Minutes - Laserfiche WebLink

Home Browse Search

MINUTES OF THE ORONO BOARD OF APPEAL AND EQUALIZATION Wednesday, April 15, 2009 • 7:00 o'clock p.m. 24. Mark Anderson, 575 Oxford Road, PID�05- 117 -23 410029 Anderson stated he did speak with Mr. Stulc earlier this evening but would like to point out that any property that increases over 100 percent in four years should be revalued. 25. Corky Klitzke, 555 Oxford Road, PID 05- 117 -23 410024 Klitzke stated the house was constructed in 1979. Her taxes in 2002 compared to 2009 have doubled. The economic climate is not conducive to values increasing and she does not understand why her values have increased. Klitzke indicated she did speak with Mr. Stulc but still feel that her valuation is way too high. Klitzke stated she had heard from some experts on Public Radio that the housing bubble has burst and that the market is now deflated. Experts feel that property values across the board have decreased 20 percent. Klitzke stated the City cannot ignore the current economic environment. 26. James Mulvanny, 559 Park Lane, PID 06- 117 -23 410044 Stulc stated he did speak with Mr. Mulvanny. 27. Stephanie Strobel, 430 Stubbs Bay Road, PID 32- 118 -23 13 0005 Kunik stated he did speak with someone prior to the meeting. 28. Martin Lueck and Mallory Mullins, 3250 Fox Street, PID 05- 117 -23 44 0013 and PID 05- 117 -23 44 0012 Mullins stated when they purchased the home in July 2005, the land was subdivided into two lots and that they purchased both lots. Mullins indicated she did speak with Tom Kunik on the telephone and received a phone message from Nate Stulc. She is not aware of the comparables that were used and would like an opportunity to review those and discuss how they are relevant. Mullins indicated she did review the Hennepin County website and looked at their neighboring properties. Mullins stated she is only talking about the assessed market values. All of the properties are located on Maxwell Bay with the exception of two big lots located at the end of Fox Street, which are located on Stubbs Bay. She evaluated how the lots and values compared with each other and determined that - 3125 Fox Street has 7.5 acres, 325 feet of lakeshore, rectangular property, a number of amenities, but experienced no increase. Mullins noted she is only looking at land values. Another property is located at 3175 Fox Street, which is a rectangular lot, 8 acres, has 315 feet of lakeshore, wooded property with a home close to the lake. Other lots on Fox Street include 3280 Fox, which consists of five acres; 3200, 3320, 3350, and 3400 Fox Street. These properties all front on Maxwell Bay. 3400 Fox Street is the point property on Fox, has 1400 feet of lakeshore and consists of approximately 7.5 acres. The last two properties on Fox Street are 3345 Fox Street, which is 4.7 acres of vacant land, and 3295 Fox Street, which consists of 4.25 acres and is also vacant. For all of these O properties, the assessed value for the land either stayed the same from 2008 to 2009 or decreased. Her property located at 3250 Fox Street is the only property that increased in value. PAGE 13