Loading...
HomeMy WebLinkAboutBoard of Appeals and Equalization - 05/03/2004 UNAPPROVED MINUTES CITY OF EDEN PRAIRIE BOARD OF APPEAL AND EQUALIZATION MONDAY, MAY 3, 2004 7:00 PM CITY CENTER 8080 MITCHELL ROAD COUNCIL CHAMBERS BOARD OF APPEAL AND EQUALIZATION MEMBERS Patricia Pidcock, Chair; Mike Best, Vice Chair; Judy Illstrup, Doug Malam and Annette O'Connor BOARD OF APPEAL AND EQUALIZATION STAFF City Assessor Steve Sinell and Appraiser II Dave Buswell I. ROLL CALL/CALL MEETING TO ORDER Chair Pidcock called the meeting to order at 7:00 p.m. All members were present. Staff Sinell explained that the Board members are appointed by the City Council and if a homeowner disagrees with the Board's decision, they may appeal to the County. II. ORDER OF BUSINESS A. Minutes MOTION by Malam, seconded by Best to approve the April 14, 2004 Minutes of the Board of Appeal and Equalization Meeting. Motion carried 5-0. B. Review items continued from April 14, 2004—Hear Personal Appeals No. Taxpayer Name/Address Property Information Appeal Status 1. Richard Peppin 25-116-22-33-0082 Item continued from 10188 Meade Lane Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $589,000 Staff recommends to reduce the EMV to $525,000 Best asked the homeowner if the site improvements were completed. Peppin said that there is some landscaping that needs to be completed to bring the house up to sellable status. BOARD OF APPEAL AND EQUALIZATION May 3, 2004 Page 2 Sinell indicated that the value of the home last year was $485,000 and at that time the repairs were not complete. Since the repairs were almost complete, Sinell indicated that an increase of more than $15,000 would be appropriate. O'Connor asked the homeowner what was the purchase price of the house. Peppin said that it was $625,000. Malam said he could support$515,000 because the stigma is not at 100%. MOTION by Malam, seconded by Pidcock to reduce the EMV to $515,000. Illstrup said that at$515,000 the home is valued at$110,000 less that what the homeowner paid for the home and the work is almost complete. Best said that he thought$515,000 was a defendable figure and possibly $500,000 would be a good figure. Pidcock indicated that this was definitely a hardship case. MOTION by Malam, seconded by O'Connor to amend the first motion and reduce the EMV to $500,000. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 11. Janis M. Sicard 07-116-22-23-0019 Item continued from 7280 Green Ridge Drive Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $253,500 Owner's Opinion $153,000 Sinell reported that the property was located in Hidden Ponds and the home was damaged by fire in 2002 and all repairs have been completed. Sinell reported that the home is 25 years old and is similar to the homes in the area. Jody Carlson, Appraiser,reports that the home is valued at$270,000. Sicard indicated that her backyard was only 7 to 10 feet which is much smaller compared to her neighbors' yards. She also indicated that one year ago the EMV was $130,000 because the home was uninhabitable. Sicard said she does not have the quality she had in her original house and that everything now is very cheap. Sicard said that in 2002 the EMV was $211,000,in 2003 the EMV was $130,000 and in 2004 the EMV is $253,000. She did not understand how the 2004 EMV could be so high. Best said that there is a good market for two-story homes. BOARD OF APPEAL AND EQUALIZATION May 3, 2004 Page 3 Pidcock indicated that the home is in a nice location. Sicard reiterated that everything put in the house after the fire was inferior quality. Sinell said that the appraisal is based upon what is presently in the home. Pidcock asked if there was any odor of fire in the home. Sicard said that she had water damage and has had her basement flooded with water on two occasions. Pidcock said that it is very difficult to find a two-story home in Eden Prairie and they are in high demand. Sicard said that she has no yard. Pidcock asked if Sicard had the home on the market. Sicard said that she had,but it was in the 80s. Sinell indicated that he trusted Jody Carlson's (appraiser)judgment. Best indicated that it is very difficult to find a two-story, four bedroom home in Eden Prairie and he felt that$253,000 is less than what the home could be sold for. O'Connor indicated that the EMV should stay at$253,000. Malam also thought that an EMV of$253,000 is fair for the home. MOTION by Malam, seconded by Illstrup to sustain the value of the home at $253,500. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 15. Keith & Karen Salenger 05-116-22-21-0035 Item continued from 16799 Whittington Walk Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $420,400 Owner's Opinion $389,000 Salenger said that his neighbor's home is 90% of the value of his home and the neighbor has a pool. Salenger said that the market value of his home is higher that the comparables. Salenger said that the comparables were built in 1984, 1991 and 1988. Comparable 1 is valued at $390,000, Comparable 2 is valued at $396,000 and Comparable 3 is not even near his house. BOARD OF APPEAL AND EQUALIZATION May 3, 2004 Page 4 Sinell indicated that staff has to look at homes that have been sold. Salenger said that a real estate agent told him that his home would be valued at $385,000. Salenger said the appraiser chose to ignore his neighbor's market value compared to his. Salenger said it his home is appraised higher than the homes around him and he felt that his home should be compared to the homes in his neighborhood and not outside the neighborhood. Sinell reiterated that appraisers have to look at homes that have been sold. Sinell also indicated that Salenger's property looks upon a wetland. Salenger said he thought his home should be valued at$390,000 rather than $428,000. Salenger said that there have been no updates to his home in eight years. O'Connor said that his home is a walkout which adds a lot of value to a home. Salenger said he still did not understand why his property is so much more than his neighbors' homes and that is his main concern. O'Connor said that the task is still to judge whether his home could be sold for $420,400. O'Connor added that by looking at the home, she would put in on the market for approximately $400,000. Salenger said he would put it on the market for $389,000. Best said that he did not think $389,000 for that home would be enough and he is comfortable with $420,000. Best indicated that it is the Board's charter to try to determine if the market value is fair given all that is known about the market. Best said that in his judgment the house is worth $420,000. Salenger asked if it would satisfy the Board if he received an appraisal from and independent appraiser. Malam said it was the Board's job to determine what his property is worth on the open market. Pidcock told Salenger that he had an opportunity to contact the appraiser a couple of weeks ago. O'Connor said that the board members are all active real estate agents. BOARD OF APPEAL AND EQUALIZATION May 3, 2004 Page 5 Sinell told the Board members that based on timing, a decision had to be reached that evening and the homeowner had a right to appeal the decision at the County level. MOTION by Malam, seconded by Best to sustain the value of the property at $420,400. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 4. JEM Investment Company 14-116-22-32-0295 Item continued from Michael M. Gavin, Residential Homestead April 14, 2004 Representative 635 Prairie Center Drive Viola Gavin Unit 427 635 Prairie Center Drive Eden Prairie, MN 55344 Unit 47 Eden Prairie, MN 55344 1/2004 EMV $90,400 Owner's Opinion $90,400 MOTION by Best, seconded by Illstrup to sustain the EMV at$90,400. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 5. Paul Gallenberger 18-116-22-13-0042 Item continued from 8182 Pristine Pine Trail April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $547,700 Owner's Opinion $525,000. John Sams, Appraiser, agrees that the value should be reduced to $525,000. MOTION by Malam, seconded by Best to reduce the EMV to $525,000. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 6. Stephen & Vicke Hegedus 36-116-22-41-0005 Item continued from 9825 Brookview Circle April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $689,000 Owner's Opinion $689,000 MOTION by Illstrup, seconded by O'Connor to sustain the EMV at$689,000. Motion carried 5-0. BOARD OF APPEAL AND EQUALIZATION May 3, 2004 Page 6 No. Taxpayer Name/Address Property Information Appeal Status 7. Mark& Melissa Collins 30-116-22-42-0050 Item continued from 18136 Overland Trail Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $774,400 Owner's Opinion $760,000 John Sams, Appraiser,recommends that the value should be reduced to $760,000. MOTION by Best, seconded by Malam to reduce the EMV to $760,000. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 9. Tom& Kathleen Briant 21-116-22-24-0038 Item continued from 15560 Boulder Pointe Rd. Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $622,500 Owner's Opinion $580,000 Dave Buswell, Appraiser, agrees that the value should be reduced to $580,000. MOTION by Malam, seconded by Best to reduce the EMV to $580,000. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 10. Michael Dunn 21-116-22-22-0041 Item continued from 8661 Red Oak Drive Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $242,900 Owner's Opinion $242,900 MOTION by O'Connor, seconded by Illstrup to sustain the EMV at$242,900. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 14. Ross Gilbertson 07-116-22-41-0055 Item continued from 17601 Evener Way Residential Homestead April 14, 2004 Eden Prairie, MN 55346 1/2004 EMV $266,200 Owner's Opinion $260,000 Dave Buswell, Appraiser, agrees that the value should be reduced to $260,000. MOTION by Best, seconded by O'Connor to reduce the EMV to $260,000. Motion carried 5-0. BOARD OF APPEAL AND EQUALIZATION May 3, 2004 Page 7 No. Taxpayer Name/Address Property Information Appeal Status 16. Daniel Stromquist 20-116-22-22-0030 Item continued from 17235 Candlewood Pkwy. Residential Homestead April 14, 2004 Eden Prairie, MN 55347 1/2004 EMV $490,000 Owner's Opinion $425,000 Dave Buswell, Appraiser, agrees that the value should be reduced to $425,000. MOTION by O'Connor, seconded by Malam to reduce the EMV to $425,000. Motion carried 5-0. No. Taxpayer Name/Address Property Information Appeal Status 18. Michael Anderson 06-116-22-32-0023 Item continued from 6680 Tartan Curve Residential Homestead April 14, 2004 Eden Prairie, MN 55346 1/2004 EMV $270,900 Owner's Opinion $260,000 Jody Carlson, Appraiser, agrees that the value should be reduced to $260,000. MOTION by Illstrup, seconded by Malam to reduce the EMV to $260,000. Motion carried 5-0. C. Sisn Board of Appeal and Equalization Documents The Board of Appeal and Equalization documents were signed. III. ADJOURNMENT MOTION by Best, seconded by Pidcock to adjourn the meeting. Motion carried 5-0. Chair Pidcock closed the Board of Appeal and Equalization May 3, 2004 Meeting at 8:10 p.m.