Loading...
City Council Minutes 05-08-2002 SpecialMINUTES (� SPECIAL MEETING - MONTICELLO CITY COUNCIL BOARD OF REVIEW Wednesday, May 8, 2002 - 7 p.m. Members Present: Roger Belsaas. Clint Herbst and Brian Stumpf Members Absent: Roger Carlson and Bruce Thielen 1. Call to Order. The Board of Review was called to order by Mayor Belsaas at 7:05 p.m. Greg Kramber and Dan Wieber from the Wright County Assessor's Office were present. 2. Board of Review. Greg Kramber, Wright County Assessor explained the purpose of the meeting and noted that there was approximately a 10% increase in residential building value (closer to a 9% increase when figuring depreciation) and a $3,000 increase in lot value across the board. Based on 174 sales the assessed value was within 86%-88% of the selling price. Commercial property saw a building value increase of 5% and land increase of 20% with the assessor noting that the TH 25 area saw quite a big increase. Apartments of 18 units and less had an increase of 10%. Apartments in excess of 18 units had a 5% increase. He also informed the Council of those properties that were going to tax court on their valuation. The valuation for individual properties were reviewed: 155-066-001010: Lot 1, Block 1, Remmle Addition. The Assessor did not recommend making any change in the valuation. BRIAN STUMPF MOVED TO MAKE NO CHANGE IN THE VALUATION ESTABLISHED FOR PARCEL 155-066-001010. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-031-001080: 147 Hedman Lane. The property owner had hired a contractor to do some work on the house and replace the siding. There were problems with the quality of the work that was done. Originally the property was valued -at $122,400 but after reviewing the property the assessor was recommending reducing the value to $102,400 until such time as the work was properly completed. CLINT HERBST MOVED TO REDUCE THE VALUATION FOR PARCEL 155-031-001080 FROM $122,400 TO $102,400 UNTIL SUCH TIME AS THE REPAIR WORK IS COMPLETED. BRIAN STUMPF SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. Board of Review Minutes - 5/8/02 155-110-001080: 9382 Eagle Court. The assessor had included in the valuation $2,500 for afire place. The fireplace had been removed and the assessor was recommending that the valuation be reduced to reflect that. BRIAN STUMPF MOVED TO REDUCE THE VALUATION FOR 155-110-001080 FROM $149,200 TO $146,700. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-105-004130: 4708 Pebblebrook Drive. The property owner had pulled a building permit to finish off space in the two story structure. In talking to the property owner, the assessor was informed that the work was not completed. The assessor was recommending a reduction in valuation from $174,800 to $162,100. CLINT HERBST MOVED TO REDUCE THE VALUATION FOR 155-105-004130 FROM $174,800 TO $162,100. BRIAN STUMPF SECONDED THE MOTION WITH DISCUSSION. BRIAN STUMPF ASKED IF THE ASSESSOR HAD VERIFIED THAT THE WORK WAS NOT COMPLETED. THE ASSESSOR STATED THAT THE WORK HAD BEEN STARTED BUT WAS NOT COMPLETED AS OF 1/02/02 MOTION CARRIED UNANIMOUSLY. 155-080-007010: 1610 Oak Ridge Circle. Bob Grabinski questioned the increase in valuation as he ( was of the understanding that the increase couldn't exceed 5%. Greg Kramber clarified that the assessor establishes the estimated market value. The limited market value is what the tax is calculated on. The limited market value cannot increase in excess of 10% or 15% of the difference between the estimated market value and the limited market value. The assessor noted that part of the increase in value was due to construction. Bob Grabinski indicated that he had an increase in value of $12,000 and was told when the work was completed another $6,000 in value would be added. He stated that because of water problems, the work has not been completed. Greg Kramber indicated that $6,700 of value had been added but since the work was not finished, he would recommend reducing it by that amount until such time as the work is completed. BRIAN STUMPF MOVED TO REDUCE THE VALUATION FOR PARCEL 155-080-007010 BY $61700 UNTIL SUCH TIME AS THE BASEMENT WORK IS COMPLETED. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-099-001060: 511 Wright Street. Lowell Mortenson questioned the $11,000 increase for the one unit of a townhouse. He was informed that city wide residential property increased by $3,000 for lot costs and 9% for building. In addition the state requires that the assessed valuation be within 90%-105% of the selling price. The proposed change in valuation for his property from 2001 to 2002 went from $120,500 to $129,900. He questioned the difference in valuation for identical units. The assessor noted that some of the units were shown as having finished basements and some did not and that was the reason for the difference in valuation amounts. Board of Review Minutes - 5/8/02 Mr. Mortenson also mentioned concerns about an unfinished driveway on 7"' Street and snow removal from the pathway in that area. 155-040-001020: 225 East River Street. Michael Pelarski stated that he did not have a question about the value established for his property but rather why other properties in the same area were valued so much lower. He felt singled out and he indicated that until the value of other properties in the area were adjusted so that all were comparable he should not be alone in paying on a higher value. He would like his property value frozen until such time as all properties in the area were at comparable value. The assessor indicated that the valuations in this area were more difficult because of the character and uniqueness of the properties. Unlike newer developments that contained units basically the same in size and design, this residential area had diverse and unique structures so it was more difficult to compare one to another. The assessor concurred that perhaps some of the other properties in the area were undervalued and that is something that would be adjusted. Since the value established for 225 East River Street was not over valued and could be supported, the assessor did not recommend any change to the valuation. BRIAN STUMPF MOVED THAT NO CHANGE BE MADE IN THE VALUATION FOR PARCEL 155-040-001020. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-010-06901. and 155-023-001110: Doug Frank appeared concerning the values established for his place of business as well as his residence. He stated when the improvements to CSAR 75 were being discussed he had considered selling his home. The real estate firm placed the value of his property at $159,000 and the assessor had it valued at $169,700. He pointed out that the property at 1101 West Broadway is up for sale with an asking price of $159,000 and he felt that property was comparable to his. The assessor stated that with 9% increase and $3,000 lot increase the value for this property went from $156,000 to $169,700. Mr. Frank noted that the valuation for his business property increased from $55,900 to $62,100 which was in line with the increases by other businesses. CLINT HERBST MOVED TO HAVE THE ASSESSOR VIEW THE PROPERTY AND MAKE A RECOMMENDATION TO THE COUNCIL AT THE RECONVENED BOARD OF REVIEW ON MAY 13, 2002 AT 6:30 P.M. BRIAN STUMPF SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-010-030021: 314 and 316 Linn Street. Roman Svoboda stated that the duplex was constructed in 1999 at a cost of $176,000 and is currently valued at $244,100. He thought this value was too high considering the properties in the area. Greg Kramber stated that this was a difficult property to set a value for. The duplex is approximately 1,250 sq. ft. on each side which is larger than most units and there is also 22' x 24' garage. The assessor had taken off 10% of the total value because of its location. Since the property has separate utility line, the units could be sold separately and would probably be in the range of $230,000 to $260,000. The assessor noted that a split level brings a little Board of Review Minutes - 5/8/02 more than a rambler because of the basement. Greg Kramber suggested that the Council consider adjusting the value to $230,000. ROGER BELSAAS MOVED TO SET THE VALUATION AT $230,000 FOR PARCEL 155- 010-030021(314 AND 316 LINK STREET). CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. The Board of Review recessed for a brief time. The Board of Review reconvened at 8:45 p.m. 155-080-007090: 1450 Oak Ridge Circle. The property owner questioned the increase in valuation for this property. His property value was set at $238,000. He felt that was considerably higher than other properties in the area. The assessor reviewed with the property owner the values set for other properties in the area. The assessor also reviewed limited market value and estimated market value with the property owner. The property owner had taken information from the County's website which the assessor thought might be inaccurate. The assessor stated that the value established for the property was appropriate but he was concerned about a possible discrepancy in the information from the website. BRIAN STUMPF MOVED TO REVIEW THE VALUATION FOR PARCEL 155-080-007090 AT THE RECONVENED BOARD OF REVIEW. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-086-002130 and 002140: 6166 and 6144 Mill Run Road. The property owner stated that the value of these 800 sq. ft. units are affected by the rapid turnover on the smaller units. The value was $129,300 for 2000, $142,000 for 2001 and $156,700 for 2002. The Council reiterated that the assessed value has to be within the 90%-105% range of the sale price. The assessor noted that were 9 other sales in this area and the average of those sales was $128,600 but those were smaller units. Greg Kramber suggested that these units be looked at again. He noted that there were finished basements for these units but he didn't know if that would add $30,000 of value. BRIAN STUMPF MOVED TO HAVE THE ASSESSOR REVIEW THE PROPERTIES AND CONSIDER THE VALUATION FOR THE PROPERTIES AT THE RECONVENED BOARD OF REVIEW ON MAY 13, 2002 AT 6:30 P.M. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-048-004010: 218 Jerry Liefert Drive. The property owner expressed her concern about the increase in value which went from $138,800 last year to $154,700 this year. She felt because of their proximity to the power lines, the pedestrian pathway and the Par West Park, they could not get more than $150,000 for the property. She cited numerous incidents of property damage and nuisances because of the pathway by their property. The assessor noted that the presence of a pathway was not considered when establishing value. He also indicated that in his review of other parcels that had power lines, they were not factors in establishing value. The sales have not shown 4 Board of Review Minutes - 5/8/02 that the power lines impact the sales. BRIAN STUMPF MOVED TO MAKE NO CHANGE IN THE VALUATION FOR 15-5-048- 004010. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. BRIAN STUMPF MOVED AT 9:40 TO RECESS THE BOARD OF REVIEW AND RECONVENE ON MAY I3, 2002 AT 6:30 P.M. CLINT HERBST SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. &CX-u)-y-1SS Recording Secretary G