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HomeMy WebLinkAboutBoard of Appeals and Equalization - 04/17/2025 Minutes 2025 Eden Prairie Local Board of Appeal and Equalization THURSDAY, APRIL 17, 2025 07:00 PM – EDEN PRARIE CITY CENTER Council Chambers 8080 Mitchell Road BOARD MEMBERS PRESENT: Lyndon Moquist, Chair; Nate Thompson, Vice-Chair; Mark Hoffman; Steve Tessman; and Danelle Simenson CITY/COUNTY STAFF PRESENT: City Assessor: Jon Thompson Assessing Supervisor: Alex Oldefendt Appraiser III: Jim Wise Appraiser I: Zak Rexford Appraiser I: Callie Mottl-Saumweber Appraiser I: Jared Brooks Hennepin County Assessor Representative: Melissa Potter I. CALL THE MEETING TO ORDER Chair Moquist called the meeting to order at 07:01 pm. Pledge of Allegiance. Chair Moquist reviewed statutory authority and procedural expectations for the meeting. The taxpayers in attendance will receive priority in the schedule, please limit general comments to about five minutes, there will be time for a dialogue of questions both for the taxpayer and the appraiser, the goal is for fair and equal treatment. All board members introduced themselves and provided a brief history of work experience. II. ASSESSMENT INDRODUCTION AND PROCEDURES FROM CITY ASSESSOR Jon Thompson, Eden Prairie City Assessor, thanked the Board members and recognized their service to the residents. Jon Thompson thanked the City Appraisal staff, naming the staff in attendance. Jon Thompson also noted the presence of the Hennepin County Assessor Representative, Melissa Potter. Jon Thompson reviewed the assessment laws and procedures by the State of Minnesota which are set by statute, interpreted and enforced by the MN Department of Revenue. Assessed values are adjusted each year and estimated as of January 2nd, based on statistical analysis of market data. Open market sales that are qualified for ratio study, as defined by the DOR, were used in setting BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 2 | P a g e the 2025 assessment. These sales occurred between October 1st, 2023, through September 30th, 2024. These sales must also be adjusted to account for changing market conditions, or the time between the sale and the assessment date. Jon Thompson provided a summary of the 2025 assessment, noting another year of market value increase for residential property in Eden Prairie. Pace has slowed from historic growth post- pandemic, the volume of sale activity is low, however prices have increased. Our single-family market experienced a 2.8% increase to the median assessed value to $558,800. There remains a short supply of housing Jon Thompson then reviewed the process of assessment. Assessment for the city was completed as of January 2, 2025, Value Notices were mailed in March. From the mailing, staff completed individual review of properties. The review process is similar to having an appraisal completed, including reviewing comparable sales, adjusting for property differences, applying the statutorily mandated time trend to bring the value to the January 2, 2025 assessment date. Assessing Staff have been processing about 100 parcels and have reached an agreement or understanding with owners on over 90% of the inquiries received. Jon Thompson noted the meeting will be organized per an agenda of 28 appeals into 2 sections, first are unresolved appeals, second; appeals where Assessing staff have reached an agreement with the property owner – the last section can be read in its entirety into the meeting for one motion by the Board. Jon Thompson explained post-meeting letters informing of the Board’s actions will be mailed to property owners and will be reported to the Department of Revenue. Jon Thompson noted that appeals before the local board may also appeal to the county board, instructions will be outlined in the letter mailed to property owners on the agenda. Jon Thompson then turned it back to Chair Moquist to begin with the meeting agenda. III. ORDER OF BUSINESS A. IN PERSON APPEALS i. Appeal A03 – Ryan Lane – 18310 Niklaus Way – PID 19-116-22-13-0010 Lane stated that they purchased the property three years ago and have made no renovations to the property outside of a basement remodel. He noted the size of the home but wanted to point out that there was only one fireplace and no rear-yard landscaping. Lane stated that the property is a humble home, and that a Realtor gave him a value of less than $1,700,000. Lane stated that his basement previously had a floating wall and a golf- simulator, the remodel removed these features and added a wet-bar. Moquist stated that the value of the property had made a large jump, and asked Lane if the remodeling was modest and asked who did the work. Lane affirmed it was a modest remodel and cited the remodeler as Juke Shaeffer. Moquist asked to review the sales provided by BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 3 | P a g e Lane’s agent. Moquist noted that the property was purchased 3 years ago for $1,575,000, and that after a 3-year period $1,650,000 wouldn’t be unrealistic. Nate Thompson noted that even without remodeling, an increase of 3-5% wouldn’t be unreasonable. Moquist noted that values were not appreciating like they were in 2021-2022. Moquist requested the city appraiser to weigh in on the property. Oldefendt noted that this was the second year he has reviewed the property. He reported that last year the property received a slight reduction and since Bearpath has had strong activity in the last year. Oldefendt said he completed a re-evaluation this year resulting in his opinion of $1,781,400 being supported by the market. Moquist noted that the subject’s street, Nicklaus Way, is a notable street in Bearpath with recent sales. Nate Thompson asked Lane about the condition of the kitchen, and the owner stated this featured more dated enameled cabinets. Tessman noted on the other comparable sales on Wynstone had a price of $1,700,000, but was approximately 700-square feet larger, noting he felt that $1,600,000 - $1,800,000 was in the ballpark of value. Nate Thompson stated he feels the value is supported by the last sales price, plus 5%, from $1,600,000 to $1,700,000. Motion: Tessman moved, seconded by Hoffman, on Appeal No. A03 – PID 19-116-22-13- 0010, to reduce the value from $1,781,400 to $1,700,000. Motion carried 5-0. ii. Appeal A05 – Ronald Van Riper – 8744 Sherwood Bluff – 19-116-22-21-0004 Van Riper stated that he designed the property 25 years ago with Lecy Brothers, and that the property has three bedrooms and three bathrooms. Van Riper noted that he has 43- years in real estate sales as well as land development. He feels that a 21% increase over last years value is unreasonable. Van Riper noted he would like to address two of the comparable sales on the appraiser’s grid; to respect the Board’s time he did not want to review all comparable sales. Van Riper called attention to the Appraiser’s comparable 4: 7089 Howard Lane. Van Riper noted that this property is on the golf course, he also was uncertain of the reason for the “Location” adjustment, and he questioned why all the adjustments were for the same amount, $42,500. Van Riper noted that the adjusted sales price of comparable 4 is an appropriate indication of the value of his own property. The adjusted sales price is $947,516. Van Riper then directed attention to comparable 2, located at 7020 Crowne Oak Road. He indicated this property is near Bryant Lake, but situated on a 1-acre parcel, with no adjustment. Van Riper made it clear he was on a smaller site, lacking in any view amenity. Van Riper noted that his parcel abuts a storm water retention pond, which Van Riper feels has not been maintained by the City of Eden Prairie over the last 25 years. Moquist requested to see an aerial of the subject property and stated that the property is very close to the retention pond. Van Riper acknowledged that he received a variance to BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 4 | P a g e build his property. Moquist was clear that it is beyond the scope of the meeting to address Van Riper’s concerns about the City of Eden Prairie’s maintenance of the pond. Tessman clarified the subject’s site size, correcting a statement of Van Riper that the site was 0.26 acres, noting that the site is more than 26,000 square feet, which makes it more than ½ an acre in size, not 0.26 acres, and noted that the pond is a significant portion of the site. Van Riper showed the board two photos on his personal cellphone, one of the pond and one of his rear yard. Van Riper told the board that he has personal knowledge of comparable 3 (18160 Cole Ct), as he is friends with the owner. Van Riper went on to describe the difference in quality. Moquist interjected that the board members are all local experts with familiarity with the comparable sales. Nate Thompson agreed noting that they are knowledgeable about the interior finishes of other properties. Moquist noted that various sales on the Appraiser’s grid are outside of Bearpath, while in good neighborhoods, they are not equal to Bearpath. Moquist stated that the majority of properties in Bearpath have a view amenity, and the subject does not. Moquist noted that for a detached, single-family property in Bearpath, it is difficult to find one below the $1,000,000-price point. Nate Thompson asked Van Riper as to the overall condition of the property, if it is dated and if there have been any updates to the kitchen. Van Riper stated that the property has been well maintained, but is dated, the cabinets are likely Cherry wood. Van Riper repeated that the property has three bedrooms and three bathrooms. Moquist noted that there are properties for double the price in the area. Tessman noted that of the gridded sales, the two in Bearpath are the most relevant. Moquist agreed, noting that the second comparable in Bearpath has a sales price of $1,300,000. Hoffman noted that the property is a ranch off of the golf course. Moquist suggested that $1,100,000 would not be unreasonable, stating that sales would support the value, but he didn’t understand why there was such a large increase in value over the prior year’s valuation. Tessman clarified that he felt the value is at least $1,000,000. Moquist and Hoffman again noted the increase in value over the 2024 value, with Moquist stating that they are not tasked with addressing the percent-increase, but rather what the property is worth. Simenson stated that while it is hard to get in to Bearpath for less than $1,000,000, there is a comparable on the grid for $950,000, and Simenson noted that the subject has a small yard. Moquist stated that Crown Oake is close to Highway 212. Tessman believes that the assessor is right on with the valuation. Nate Thompson asserted a value of $970,000 - $975,000 would be appropriate. Simenson agreed with a value of $975,000. Hoffman opined a value of $1,000,000 and Tessman stated that he felt it would be under $1,000,000 based on the site. BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 5 | P a g e Motion: Tessman moved, seconded by Nate Thompson, on Appeal No. A05 – PID 19-116- 22-21-0004, to reduce the value from $1,100,500 to $975,000. Motion carried 5-0. B. APPEALS IN SECTION “A” AS LISTED ON THE APRIL 17, 2025, ADGENDA – UNRESOLOVED i. Appeal A01 – Christina Siefferman - 03-116-22-44-0029 – 6997 Edgebrook Pl Moquist: the current assessed value is $637,200; the owner’s opinion of value is $590,900. The assessor’s recommendation is no change. Simenson stated that she knows this neighborhood well and feels that the assessor’s value is good. Moquist can’t imagine a home on that street at a $590,000 valuation. Hoffman stated that the street is a nice street, with nice homes, that are likely a little dated based on their age. Moquist stated that the Assessor’s value was more than fair. Hoffman asked if there was any support of the owner’s opinion, or other issues. Tessman stated that there appears to be a bathroom count discrepancy and asked the City Appraisers for clarification. Mottl-Saumweber noted that she has been in the property a few times, and the discrepancy is with how third-party websites report the bathroom count, and that the city records are accurate as to the actual number of bathrooms. Simenson asked Mottl-Saumweber if the property is dated, Mottl-Saumweber confirmed that the property was dated, with no changes to the property other than regular maintenance: roof, mechanicals. Moquist noted that within the neighborhood, Edgebrook is the nicest street, that it’s a nice lot, and that the sales provided by the owner don’t make sense to him. Tessman agreed, stating that the listings were all over the place. Motion: Tessman moved, seconded Hoffman, to affirm the value of $637,200. Motion carried 5-0. ii. Appeal A02 – William Clark – 8678 Wynstone Pass, 19-116-22-12-0006 Moquist: the current assessed value is $1,292,800; the owner’s opinion of value is $1,199,700, amended from original opinion of $864,816. The Assessor’s recommendation is $1,250,000. Jon Thompson verified that the petitioner’s opinion of value changed during the review process and is currently $1,199,700. Moquist noted that the owner’s opinion of value is a $50,000 difference from the Assessor’s review, and that there have been some sales on Wynstone Pass recently, noting the street is not one of the premier streets in Bearpath. Tessman noted that the property is not located on the golf course, but the property is a large home, and the updating to the property is unknown. Tessman went on to note that there are current listings from $975,000 to $3,200,000. Moquist said there were recent sales on the street in the $1,500,000 – $1,700,000 range. Tessman believes that $1,250,000 is a good value. Moquist stated that the property has modest curb appeal, and is small square BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 6 | P a g e footage for Bearpath, but also has a full walkout to a level yard. He feels that the comparable sales are very fair. Tessman agrees. Moquist feels the city’s valuation is fair. Moquist asked the board if they felt a compromise was warranted or if the value is fair, Tessman replied that the city’s value is fair. Motion: Tessman moved, seconded by Hoffman, to reduce the value to $1,250,000. Motion carried 5-0. iii. Appeal A04 – James Berg – 17942 Bearpath Tr., 19-116-22-14-0031 Moquist: the current assessed value is $1,063,500; the owner’s opinion of value is $800,000. The Assessor’s recommendation is $1,025,000. Moquist noted that the property is not one of the larger two-story properties. Simenson commented that the basement is unfinished. Nate Thompson discussed that the property is functionally similar to a rambler, with a lofted second story. Lyndon requested the aerial site to be displayed and commented that the property backs up to the regional trail, and that the site is deep. Lyndon stated that if the property was right up to Dell Road that the owner’s valuation may have had some weight, but the property is not directly on Dell Road. Simenson noted that the property backs to the tee-box on the golf course. Moquist noted that the site is flat, with no walkout or daylight basement. Tessman agreed about the basement, and went on to comment that nearly all of the properties in Bearpath have finished basements, thus making it hard to justify an adjustment for the unfinished basement. Moquist feels the owner’s opinion of $800,000 is way off. Nate Thompson could see $900,000, and Simenson said they just had a property at $975,000, however Moquist contended that this is a nicer lot on the tee-box on the walking trail. Tessman turned the attention back to the basement, saying that it could cost as much as $200,000 to finish the property, and Simenson noted that the property has no basement windows. Moquist asked the board how they feel about $975,000. Tessman said he thought that was fair, but he also feels $1,025,000 is fair as well. Hoffman said it is hard to find a property under $1,000,000 in Bearpath. Moquist said this is the stretch of road with detached villas. Simenson noted that there is a shared driveway. Hoffman said the homes were shoved on the sites. Moquist commented that it is early in the neighborhood. Simenson noted that the 2024 value was $1,012,000, and Hoffman noted the $1,025,000 value is nearly the same, up a little bit because of the market. Simenson contends that the property has a shared driveway and unfinished basement. Nate Thompson stated $975,000 because the property is quirky and would be hard to sell. Hoffman believes the property would appeal to a 55+ market with the main level bedroom. Simenson would like to go lower than the $1,025,000. Nate said $975,000 and Simenson agreed. Moquist and Simenson begin a discussion of Homeowners’ BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 7 | P a g e Association Dues. Hoffman said going outside of Bearpath is not advisable, that Bearpath is a market within itself. Moquist said he hears $975,000 and $1,025,000 and proposes a compromise at $1,000,000. Motion: Tessman moved, seconded by Hoffman to reduce the value to $1,000,000. Motion carried 5-0. iv. Appeal A06 – Guy Morrissette – 18453 St. Mellion Pl., 19-116-22-21-0031 Moquist: the current assessed value is $1,597,200; the owner’s opinion of value is $1,362,000. The Assessor’s recommendation is no change. Tessman has been in this property and knew the previous owners and he notes that the owner is saying the property is worth less than the purchase price in 2022. Moquist brought up the stucco but said that the owner likely had a stucco test at time of purchase. Moquist noted the property was built by L. Cramer, purchased in 2022 for $1,435,000, had a basement renovation, main level updates, and the porch converted for year-round use. Moquist noted that the owner was concerned with having 4-bedrooms as opposed to 5- bedrooms. Tessman noted that the upper level has a den with French doors and asked the city appraiser to verify. Oldefendt confirmed there is a den on the second level but could not recall if there was a closet. Moquist said there is room for at least four bedrooms up on the second level and Tessman said that the bedroom count doesn’t hurt the value, as there is potential for a 5th bedroom. Moquist feels that there have been three years since the sale, the value has been relatively flat, but the property has had a basement renovation and porch conversion. Simenson agrees with the past purchase price and appreciation. Hoffman agreed that the $1,435,000 sales price plus market appreciation support the value; Moquist agrees. Tessman feels the Assessor’s opinion is accurate. Motion: Tessman motioned, seconded by Nate Thompson to sustain the original value of $1,597,200. Motion carried 5-0. Moquist reviewed the agenda, as Appeal A07 was withdrawn. Jon Thompson confirmed that Appeal A07 was withdrawn, Appeal A08 was moved to Section B and the current agenda shows that Appeal A09 is next. v. Appeal A09 – Bonita Buckley – 10317 Nottingham Tr., 25-116-22-13-0072 Moquist: the current assessed value is $389,900; the owner’s opinion of value is $224,800. The Assessor’s recommendation is no change. Simenson opened the discussion by stating that the one property address provided by the owner is a twin home, which is not a good comparison. Moquist said that he had a hard time BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 8 | P a g e following the owner’s argument, because the era of a $200,000 single-family home in Eden Prairie was twenty years ago, it’s not realistic. Hoffman said that even the assessed value of $389,000 would be tough to find in Eden Prairie, Nate Thompson agreed, he had a sale in the area recently in the $450,000. Simenson pointed out that the comparable sales in the neighborhood were in the $500,000 range. Nate Thompson said that the Assessor’s value of $386,900 was more than fair, Moquist agreed noting the property is a two-story, not a split. Simenson asked if the assessing office had been in the property. Jon Thompson responded that we were inside two assessments ago, noting that there is a partially unfinished bonus room over the garage which the owner believes we are miscalculating. Hoffman noted that lot values in the area are $260,000 - $280,000, Simenson agreed. Motion: Tessman moved, seconded by Nate Thompson to affirm the assessor’s value of $389,900. Motion carried 5-0. vi. Appeal A10 – Roman Loy – 11303 Entrevaux Dr., 26-116-22-14-0041 Moquist: the current assessed value is $829,100; the owner’s opinion of value is $800,000. The Assessor’s recommendation is no change. Moquist opened by stating he feels the Assessor’s value is right on. Tessman reminded the board that they discussed this property last year, and that the site is one of the least desirable lots in the development. Nate Thompson agreed with the assertion that it is not a good lot and noted that since they purchased the property there have been no changes other than a new roof. Hoffman stated that he feels the Assessor has been generous. Moquist noted that there is attractive curb appeal, asking Nate Thompson to confirm, which he does. Nate Thompson reminded the board of the circumstance of the last sale, to his memory, the agent was a part-time agent, did not market on MLS, did a one-time showing which resulted in the sale. Simenson pointed out that the purchase price was $780,000 four- to five-years ago. Motion: Tessman moved, seconded by Nate Thompson to sustain the original value of $829,100. Motion carried 5-0. vii. Appeal A11 – Daryl Horak – 18124 Cole Ct., 30-116-22-12-0034 Moquist: the current assessed value is $918,500; the owner’s opinion of value is $815,000. The Assessor’s recommendation is $880,000. Moquist feels the Assessor’s value is fair. Tessman noted that the property is one of the lower priced points on that street. Nate Thompson asked the appraiser to comment on the condition. Oldefendt reported that there were no significant updates, but the overall condition was average to good, well maintained. Nothing was pointed out and nothing stood out on inspection. He reported the kitchen was natural wood, not enameled. Oldefendt reported that he reflected the condition on the adjustment grid, noting that comparable 2 BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 9 | P a g e was the next-door neighbor. Tessman noted that an adjacent property with a pool and porch is assessed lower, Simenson replied that they are looking to determine the value of the subject, not a comparison in assessed values. Moquist feels they are lower than other properties. Motion: Tessman moved, seconded by Nate Thompson to reduce the value to $880,000. Motion carried 5-0. Moquist move to discuss A12, Jon Thompson informed the board that Appeal A12 was withdrawn earlier in the day. viii. Appeal A15 – Elizabeth Curry – 17676 Ballantrae Circle, 19-116-22-11-0010 Moquist: the current assessed value is $1,410,600; the owner’s opinion of value is $925,000. The Assessor’s recommendation is $1,340,000. Moquist states the property is a rambler. Tessman asked for the site aerial to be displayed and notes that it does not back to Dell. Moquist notes that the garage and or porch is on that side, but there may be a sight line of Dell Rd, and is not the most desirable in Bearpath. Tessman notes the prior value had a jump. Moquist notes that comparable 1 and 4 were in close proximity to Highway 212. Moquist notes the two sales on Bearpath Trail were $1,300,000 and $1,275,000 with similar views. Nate Thompson calls the proximity to Dell to be a “wild card.” Hoffman states that the sale at $1,275,000 (Comp 3) is the best sale, Nate Thompson agrees, but states the sale has a better lot. Hoffman notes that Comparable 3 sold in 2023 and has a time adjustment. Motion: Tessman moved, seconded by Hoffman to reduce the value to $1,300,000. Motion carried 5-0. ix. Appeal A18 – Jeff Wingard – 10427 Fawns Way – 36-116-22-14-0022 Moquist: the current assessed value is $547,400; the owner’s opinion of value is $500,000. The Assessor’s recommendation is no change. Moquist noted that the units in that development are twin town homes, and that this property is one with a walkout basement. Nate Thompson asked if there was a comparable sale with unusual circumstances. Mottl-Saumweber responded that yes, there were reasons why the sale was excluded having to do with the motivations of both the buyer and the seller, as well as condition issues that were not evident visually from the photos. Simenson asked if this is the one with the comparable that sold at $500,000, but there were two other cancelled offers, and that the seller needed to sell. Mottl-Saumweber confirmed. Nate Thompson asked the condition, Mottl-Saumweber noted that it is typical of the neighborhood with no updates, dated décor, and features a basement that is unfinished, but drywalled and has electrical in place. Nate Thompson asked about a bathroom Mottl- BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 10 | P a g e Saumweber indicated only a rough in for the basement bathroom. Tessman feels the Assessor’s value is fair. Hoffman states that it is generous and fair. Nate Thompson noted that there is a listing in the development at $625,000, and that the top of the market would be $650,000. Motion: Tessman moved, seconded by Nate Thompson to sustain the original value of $547,400. Motion carried 5-0. Jon Thompson noted that the next two on the agenda, A19 and A20 were received today, April 17, 2025, as the first point of contact. The city has not had an opportunity to review the parcels; that the city recommends that the Board affirm the current value so that the owners have the opportunity to work with the City leading up to the County Board of Appeal and Equalization. Jon Thompson also noted that Appeal A20 is a personal-property account, and that the Personal Property Account number should be read into the minutes along with the address. Jon Thompson stated that we have communicated to the owner that a review will be completed after an inspection is scheduled. x. Appeal A19 -Loc Nguyen – 9110 Gateway Ln., 20-116-22-42-0093 The current assessed value is $680,200; the owner’s opinion of value is “under $600,000.” Motion: Tessman moved, seconded by Hoffman to sustain the original value of $680,200. Motion carried 5-0. xi. Appeal A20 -Nguyen Family, Inc., 8020 Den Rd., Personal Property Account 52142 The current assessed value is $271,000; the petitioner’s opinion of value is $100,000. Motion: Tessman moved, seconded by Nate Thompson to sustain the original value of $271,000. Motion carried 5-0. C. APPEALS IN SECTION “B” AS LISTED ON THE APRIL 17, 2025, AGENDA – REVIEWED BY STAFF WITH AGREEMENT BETWEEN OWNER AND ASSESSING STAFF Jon Thompson clarified the procedure for the properties on Section B of the agenda. These properties have agreements between the property owner and the assessing staff, resulting in reductions to the assessed value. Tradition has been for the board to read the properties, by address or by PID, into the meeting, with the reduction in value as one motion, which then is acted upon. Moquist read the following appeals into the meeting by address, to be reduced from the original assessed value to the revised value agreed between the property owner and the Assessing staff: Appeal B01 – Terry McCormick – 6970 Alpine Trail – PID 05-116-22-44-0005 – reduce value from $531,400 to $495,000. BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 11 | P a g e Appeal B02 – Eric Kittelson – 16280 Westgate Ln. – PID 08-116-22-41-0066 – reduce value from $732,200 to $680,000. Appeal B03 – Matthew Klein – 18083 Bearpath Tr. – PID 19-116-22-11-0005 – reduce value from $2,684,600 to $2,450,000. Appeal B04 – Ludovicus de Hoog – 10040 Frederick Pl. – PID 29-116-22-44-0030, reduce value from $881,300 to $850,000. Appeal B05 – Andrew Shillock – 18070 Cole Ct. – PID 30-116-22-12-0037, reduce the value from $1,001,700 to $950,000. Appeal B06 – Anthony Rakun – 11226 Landing Rd. – PID 35-116-22-14-0062, reduce the value from $905,300 to $861,900. Appeal B07 – Douglas McCann – 13480 Pioneer Tr. – PID 27-116-22-12-0003, reduce the value from $1,254,000 to $1,174,200. Appeal B08 – Beargrace Mountain Properties, LLC. – 7460 Market Place Dr. – PID 11-116-22-42- 0002, reduce the value from $770,000 to $745,000. Appeal B09 – D & T Eden Prairie, LLC. – 11825 Technology Dr. – PID 14-116-22-12-0023, reduce the value from $9,002,500 to $8,400,000. Appeal B10 – Steven & Renee Foster – 18341 Nicklaus Way – PID 19-116-22-13-0017, reduce the value from $1,930,500 to $1,850,000. Appeal A08 – Eugeen Heil – 15411 Masons Pointe – PID 21-116-22-21-0010, reduce the value from $1,703,100 to $1,610,000. Appeal A13 – Blake Nelson – 8645 Sherwood Bluff – PID 19-116-22-12-0028, reduce the value from $1,516,800 to $1,440,000. Appeal A14 – Jason & Joann Meyer – 8729 Wynstone Pass – PID 19-116-22-11-0019, reduce the value from $1,837,200 to $1,640,000. Appeal A16 – Debra Mixon – 16684 Saddle Horn Ct. – PID 20-116-22-42-0069, reduce the value from $698,700 to $650,000. Appeal A17 – Chris Owens – 16601 Saddle Horn Ct. – PID 20-116-22-42-0078, reduce the value from $765,200 to $755,000. MOTION: Tessman moved, seconded by Nate Thompson, to approve the reductions of the properties listed in “Section B.” Motion carried 5-0. IV. ADJORN THE 2025 BOARD OF APPEAL AND EQUALIZATION MEETING BOARD OF APPEAL AND EQUALITZATION MINUTES April 17, 2025 12 | P a g e MOTION: Nate Thompson moved, seconded by Hoffman to adjourn the meeting. Motion carried 5-0. The meeting was adjourned at 08:26 PM.