05-27-1986 Council Minutes Board of Review

Home Browse Search

"11 5. Timothy Schoen, 41 Willow Drive - Property I.D. 33- 118 -23 44 00131. Mr. Schoen stated this is a new house and the 1986 market value has been placed at $111,700. He stated that the house cost $82,500 to build. Erickson stated he would review the property. 6. Grant Wenkstern owner of Lakeview Golf Of Minnetonka, Inc., 710 North Shore Drive - Property I.D.'s 06- 117 -23 32 0002, 07- 117-23 12 0001, 06- 117 -23 33 0005, 06- 117 -23 33 0007 and 06 -117- 23 34 0002. Mr. Wenkstern wanted to know how the golf courses were valued. He stated that Hennepin County Assessor's office had set standards to revalue all the golf courses in the County. He stated that his property.had received an increase of 132 %. Mayor Butler requested the definition of Recreational Value from the Assessor. Erickson stated he felt the issue of Recreational Value should be settled in the Courts. 7. Karen Ziminski, 1095 Brown Road North - Property I.D. 27 -118- 23 31 0006. Mrs. Ziminski stated the property was purchased in April of 1985 for $275,000, the 1986 market value is now $291,100. Dave Wilde stated he had reviewed the property in 1985 after an abatement had been filed and he would review the 1986 valuation. 8. Patrick Wolfe, 2871 Casco Point Road - Property I.D. 20 -117- 23 31 0056. Mr. Wolfe stated he had removed an old house and constructed a new house. He stated that there is a public easement to the lake adjoining his property which is a detriment to his property. He noted that there should be some adjustment in the value because of this problem. Dave Wilde stated that up to a 5% depreciation would be allowable on the total value in this situation. Council stated they would adopt a 5% depreciation on the total value of the property and will consider other comparable property's valuation. 9. Bill Wyatt, 4235 Sixth Avenue North - Property I.D. 31- 118 -23 12 0013. -Dave Wilde stated this property is located in the 1/4 of the City that was physically inspected this year and that construction on this property has been incomplete for a number of years and now that it is completed explains bringing it up to full value. 10. Marion Gray, 2065 Webber Hills Road - Property I.D. 03 -117- 23 34 0026. Requested a revalualtion of her property. 11. Scott Goldsmith, 265 Old Crystal Bay North - Property I.D.. 33- 118 -23 31 0011. Mr. Goldsmith stated his property consisted of 8 acres with partial construction on the property. He stated that he felt the partial construction was valued too high. 12. Al Hi lde, Jr., 220 Northgate Road - Property I.D. 36- 118 -23 41 0051. The Board noted that they had received a letter from Mr. Hi lde regarding his valuation. The Council instructed the Assessor to contact Mr. Hilde and report back to the Council. 2