04-28-1999 Council Minutes Board of Review

Home Browse Search

MINUTES OF THE BOARD OF REVIEW MEETING HELD APRIL 28,1999 • 8. Gary Demek, 3400 Watertown Road, was not present at the time his name was called. 9. Dennis Grendahl, 2070 Shoreline Drive, PID #15-117-23-210005. Grendahl stated he was unable to contact Chris Bennett, noting that his property is valued at $819,000 and in his opinion it should belowered to $675,000. Grendahl stated a home in his neighborhood which is comparable to his just recently sold for $595,000, and that a refinance appraisal done on his property was lower than his current assessed value. Rennerfeldt stated that the assessed value by the assessor's office rarely will be able to get as low as a value placed on a property as part of a refinance appraisal, noting that more work is completed as part of the assessed valuation. Grendahl commented that traffic from Highway 15 also should be taken into account when his valuation is arrived at. Mayor Jabbour requested that someone from the assessor's office visit the property. 10. Paul Kaster, 2600 Casco Point Road, PID 420- 117 -23 -24 0043. Kaster stated the value on his land has increased 81 percent over the past two years with the value on his residence increasing six percent. Kaster stated the value of his property has increased 625 percent • from the time it was initially built in 1979. Kaster commented he is on a fixed income and will not be residing in the house any longer should the value remain the same. Kaster reviewed a handout on other properties with lakeshore, noting that most of the homes are valued at less than what the original purchase price was. Rennerfeldt stated that Kaster's handout does not include the 1999 assessments and that those properties have all been reassessed at higher valuations, noting that that area of the City experienced major changes in their property valuations this year. Mayor Jabbour requested that someone from the assessor's office visit the property. Rennerfeldt remarked that the Hennepin County Assessor's Office is obligated to value the properties at the fair market value. 11. Gregg Perl, 309 Westlake Street, PID #05- 117 -23 -23 0040. Perl stated his value has gone up $26,000 from last year and $22,800 the previous year. Perl remarked that he purchased the property in 1995 for $55,000, and did some major improvements to the property but does not feel that his property should be valued at $217,000. Per] questioned why his taxes were increasing so much, and stated that the City of Orono should spend more money on improving the condition of its roads. Mayor Jabbour stated that the City of Orono receives the same amount of money regardless of the amount of increase in property valuations. Jabbour commented that taxes differ from Page 4