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HomeMy WebLinkAboutBoard of Appeals and Equalization - 05/09/2006 UNAPPROVED MINUTES CITY OF EDEN PRAIRIE BOARD OF APPEAL AND EQUALIZATION MEETING TUESDAY, MAY 9, 2006 7:00 PM, CITY CENTER Council Chamber 8080 Mitchell Road BOARD OF APPEAL AND EQUALIZATION MEMBERS: Patricia Pidcock, Chair; Mike Best, Vice Chair; Brian Duoos, Doug Malam and Annette O'Connor CITY STAFF: City Assessor Steve Sinell, Staff Appraisers John Sams, Barb Cook, Jody Carlson, and Dave Buswell; Assessing Technician Lisa Ramsey, Community Development Director Janet Jeremiah, and Recording Secretary Deb Sweeney. I. CALL THE MEETING TO ORDER Pidcock reconvened the meeting at 7:00 p.m. II. APPROVE MINUTES MOTION: Best moved, seconded by Malam, to approve the minutes of the April 20, 2006 Board of Appeal and Equalization as published. Motion carried 5-0. III. REVIEW ITEMS CONTINUED FROM APRIL 20, 2006 A. #8, 6997 EDGEBROOK ROAD Owner Floyd Siefferman said the assessor's review was too high. Damage due to water damage from poor flashing still exists. The board asked for information about insurance payments and repairs yet to be made. Siefferman said he received $18,000 from the builder and about$40,000 from insurance after a long court battle. The house has unrepaired water damage to brick and cracks in a bedroom ceiling. Siefferman said he had not undertaken those repairs due to cost. There was a lot of mold inside the walls but the owner believed it has been remedied. He also argued there is no privacy in the back yard. Sinell said the appraiser considered the damage restored. The house has been stable for 13 years with no further collapse. He estimated the value at$590,000. However, even if a 10% reduction due to stigma is added, the review value is $531,000. The original valuation was just$505,000, which provides a generous adjustment for repairs. UNAPPROVED MINUTES BOARD OF APPEAL AND EQUALIZATION May 9, 2006 Page 2 After discussion, the board agreed the house was easily worth $505,000 due to its size, quality and location, and would sell quickly at that price (or even at $525,000) in its current condition. The board noted the City has a loan program for property repairs if needed. MOTION: Best moved, seconded by Duoos, not to change the estimated market value for 6997 Edgebrook Road. Motion carried 4-0 with Pidcock abstaining. B. #10, 7993 LISMORE CIRCLE Owner Dipak Shah said the value on the assessor's review still reflects too high a percentage increase. The Board noted the question is the market value not the increase. Sams said he used a $20,000 adjustment for the home's lack of upgrades and a$10,000 adjustment for minor deferred maintenance. The Board agreed a seller could get$450,000 for the house, which is in a very nice area. MOTION: Best moved, seconded by O'Connor, to reduce the EMV for 7993 Lismore Circle to $450,000. Motion carried 5-0. C. #3, 17442 GEORGE MORAN DRIVE Sinell said the assessor and taxpayer agree to a reduction to $470,000 based on lack of upgrades. MOTION: Duoos moved, seconded by Malam, to reduce the EMV for 17442 George Moran Drive to $470,000. Motion carried 5-0. D. #4, 17274 CEDARCREST DRIVE Sinell said the assessor and taxpayer agree to a reduction to $690,000. MOTION: Best moved, seconded by Malam, to reduce the EMV for 17274 Cedarcrest Drive to $690,000. Motion carried 5-0. E. #5, 7864 BAILEY DRIVE Sinell said the assessor and taxpayer agree to a reduction to $415,000. MOTION: O'Connor moved, seconded by Duoos, to reduce the EMV for 7864 Bailey Drive to $415,000. Motion carried 5-0. F. #6, 6843 DUCK LAKE ROAD UNAPPROVED MINUTES BOARD OF APPEAL AND EQUALIZATION May 9, 2006 Page 3 Sinell said the assessor and taxpayer agree to a reduction to $498,000. MOTION: Duoos moved, seconded by O'Connor, to reduce the EMV for 6843 Duck Lake Road to $498,000. Motion carried 5-0. G. #9, 7846 BAILEY DRIVE Sinell said the assessor and taxpayer agree to a reduction to $459,000. MOTION: Best moved, seconded by O'Connor, to reduce the EMV for 7846 Bailey Drive to $459,000. Motion carried 5-0. H. #11, 7828 BAILEY DRIVE Sinell said the assessor and taxpayer agree to a reduction to $525,000. MOTION: O'Connor moved, seconded by Malam, to reduce the EMV of 7828 Bailey Drive to $525,000. Motion carried 5-0. I. #12, 8562 FRENCH CURVE Sinell said the assessor and taxpayer agree to a reduction to $735,000. MOTION: Duoos moved, seconded by Best, to reduce the EMV for 8562 French Curve to $735,000. Motion carried 5-0. J. #13, 16460 HILLCREST COURT N. Sinell said the review assessment of$330,000 supports the original EMV of $310,000. He noted the homeowner does not agree. MOTION: Duoos moved, seconded by Best, not to change the EMV for 16460 Hillcrest Court N. Motion carried 5-0. K. #14, 9475 OLYMPIA DRIVE Sinell said the assessor and taxpayer agree to a reduction to $737,000. MOTION: Malam moved, seconded by Duoos, to reduce the EMV for 9475 Olympia Drive to $737,000. Motion carried 5-0. L. #16, 18224 CASCADE DRIVE Sinell said the assessor and taxpayer agree to a reduction to $235,000. UNAPPROVED MINUTES BOARD OF APPEAL AND EQUALIZATION May 9, 2006 Page 4 MOTION: Duoos moved, seconded by O'Connor, to reduce the EMV for 18224 Cascade Drive to $235,000. Motion carried 5-0. M. #18, 7014 WILLOW CREEK ROAD Sinell said the assessor and taxpayer agree to a reduction to $1,475,000. MOTION: Malam moved, seconded by Duoos, to reduce the EMV for 7014 Willow Creek Road to $1,475,000. Motion carried 5-0. N. #19, 15519 LILAC DRIVE Sinell said the assessor and taxpayer agree the original EMV of$370,000 is correct. MOTION: Best moved, seconded by Malam, not to change the EMV for 15519 Lilac Drive. Motion carried 5-0. O. #21, 18194 DOVE COURT Sinell said the assessor and taxpayer agree to a reduction to $890,000. MOTION: Best moved, seconded by O'Connor, to reduce the EMV for 18194 Dove Court to $890,000. Motion carried 5-0. P. #22, 9175 FLYWAY CIRCLE Sinell said the assessor and taxpayer agree to a reduction to $415,000. MOTION: Duoos moved, seconded by O'Connor, to reduce the EMV for 9175 Flyway Circle to $415,000. Motion carried 5-0. Q. #2417781 STEADING ROAD Sinell said the assessor and taxpayer agree to a reduction to $475,000. MOTION: Malam moved, seconded by Duoos, to reduce the EMV for 17781 Steading Road to $475,000. Motion carried 5-0. R. #28, 12600 PLAZA DRIVE Sinell said the assessor and taxpayer agree to a reduction to $10,500,000. The plaza is an obsolete commercial property that is not supporting itself in sales. UNAPPROVED MINUTES BOARD OF APPEAL AND EQUALIZATION May 9, 2006 Page 5 However, the land is valuable. The property includes Menards and contiguous stores but not the land to the rear or the outlying businesses. MOTION: Best moved, seconded by Duoos, to reduce the EMV for 12600 Plaza Drive to $10,500,000. Motion carried 5-0. IV. PROCESS IMPROVEMENTS The board recommended the following process improvements: ➢ Information should be clustered by appeal number as much as possible. ➢ The summary chart with brief description of the property is useful. ➢ Color pictures, maps and aerial photos are useful. ➢ The City should maintain its flexibility on the appeal deadline to give taxpayers every opportunity, even if some reviews are incomplete. ➢ The City should continue its good record of respect and responsiveness during taxpayer appeals. ➢ The City should take steps to inform residents about the appeal process, including step-by-step instructions on the website or in a March newspaper article. ➢ Residents should be more informed about the deferred loan program for home rehabilitation. ➢ The City should start moving toward an inspection program as its housing stock ages. O'Connor noted she had stated in the last meeting that the City "lied to homeowners" about the Highway 212 improvements,but upon further investigation, found that not to be true. She retracted her statement. V. ADJOURNMENT MOTION: Duoos moved, seconded by Malam, to adjourn the Board of Appeal and Equalization meeting. Motion carried 5-0. The meeting adjourned at 8:16 p.m.