04-15-2009 Council Minutes - Laserfiche WebLink

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MINUTES OF THE ORONO BOARD OF APPEAL AND EQUALIZATION Wednesday, April 15, 2009 • 7:00 o'clock p.m. 8. John Waldron, 1951 Concordia- Street, PID 18- 117 -23 14 0011 Waldron stated his tax statement for 2009 lists a value of $900,000 for their property, and the value that they feel is reasonable is 750,000. Waldron provided .the Equalization Board with the most comparable property he could find, which has been on the market for over a year, consists of three bedrooms, and two baths. Waldron noted that is the same as his residence. Both lots have 75 feet on the lake and were constructed approximately the same time. The comparable has 1,720 finished square feet on the first floor and his residence has 1,600. The lot sizes are approximately the same. Waldron stated this comparable is almost identical with his property and is now listed at $749,900. Waldron stated he believes it will sell for somewhat less than $750,000. The City Council requested the Assessor's Office review the comparable and contact Mr. Waldron in the near future. 9. Tom Frahm, 3105 North Shore Drive, PID 09- 117 -23 32 0016 Frahm stated in 1998 he purchased the property for $685,000. The property last year was valued at $1.940 million, which comes out to be a 10 to 15 percent increase every year since then. This year his property was valued $8,000 less than a $2 million dollar house. Frahm indicated he provided the Assessor's Office with some comparables and spoke with the Assessor's Office. over the phone. Kunik stated he does not have the information in front of him and that he does not know what the property is valued at. Frahm pointed out the house has some settling problems and that it is likely the house will be razed if the property is sold. The property also has some drainage issues that need to be corrected. White asked if the assessor has visited the property. Frahm stated they have not. Stulc stated they will go out and visit the property. 10. Steve Sobieniak, 3399 Crystal Bay Road, PID 17- 117 -23 44 0021 Stulc noted he has spoken with Mr. Sobieniak earlier this evening and that they would be setting up an appointment to meet with him. 11. Kenton H. Carlson, 3498 North Shore Drive, PID 08- 117 -23 43 0015 Carlson indicated he has resided in his property for approximately 40 years and that he is aware that the state and the county require so many dollars to operate. Carlson stated he has seen a 100 percent increase in his property valuation from 2004 to 2009, which is brutal. Carlson indicated he would appreciate an opportunity to go to the county meeting because he would like to voice his concerns. • Carlson stated he understands that everyone has to pay the piper but that he would like to know how the assessor arrived at his valuation. PAGE 7