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HomeMy WebLinkAboutBOR April 8, 2008 0 BOARD OF REVIEW APRIL 8, 2008 - MINUTES The Annual Board of Review was called to order by Mayor Mike Gamache at 7 :00 p.m., Wednesday, April 8, 2008 at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Council Members Present: Don Jacobson, Mike Knight, Ken Ortte!, Julie Trude (arrived at 7:05 p.m.) Council Members Absent: None Also Present: Jason Dagastino, Anoka County Residential Assessor John Leone, Anoka County Commercial Assessor Sue Droubie, Anoka County Residential Appraiser Mr. Dagastino noted that he received 168 calls this year. The majority of the questions were about valuations. In 2006 there were 268 sales in the City with an average sale price of $268,000 and in 2007 the average sales price was $291,100. The assessed valuations were down 3.61 %. 0 The Assessor's Office is only allowed to use sales from October 1,2006 through September 30, 2007. Mayor Gamache stated the purpose of the meeting is to make appeals of property values for the year 2009. Mr. Dagastino reviewed the process for appeals with the residents. Councilmember Trude stated in a state of declining sales, a person can bring forward comparable sales for discussion of values. . 16025 Eagle Street NW - (14-32-24-32-0063) Mr. Richard Ness thought his home was over valued. He stated his biggest jump went from 2006 to 2007. He did not think at any time his house was valued at $294,000. He indicated there were no special upgrades to the home. He stated the 2009 value was $285,300. Mr. Dagastino explained the indicated value was $300,000 based upon similar sales. Mr. Ness showed the Council a comparable for sales brochure for 15923 Crane Street. He stated this is not a high end cul-de-sac. Councilmember Trude discussed with the assessors the training she went through with the State 0 regarding recent home sales. Councilmember Orttel asked what happens when the true value of homes has gone down. If it is recent, are they allowed to take that into account? 0 Mr. Ness stated the values have dropped since a May 2007 comparable sale. It appears he got hit for the lower level of his home, both in 2006 and 2007. Councilmember Orttel stated the assessor arrives at the sales price and then the price per square foot. Mr. Dagastino stated he has pulled the most common comparables to Mr. Ness's home to come up with the value. Mr. Dagastino stated Mr. Ness purchased the property in 2004 for $250,000 and his value went from $279,000 in 2004-2005 to $286,000 in 2005-2006 (when the basement was finished). It then went to $294,000 in 2006-2007 (based on the market) and back down to $285,000 this year. Councilmember Trude thought comparable #3 was the closest to this home. Mr. Dagastino stated comparable #3 had the 3 season porc~ which is included in the GLA. Mayor Gamache thought the main concern was when his value went up to $294,000. Councilmember Trude stated in 2009 his value will be down. Mr. Ness thought this year his value should be $277,000 and not $285,000. Mayor Gamache thought ifhis property value did not go up to $294,000 this year, he would probably be at $285,000 this year. 0 Mr. Ness wondered if there were any homes comparable to his in the neighborhood. Mr. Dagastino explained that it is hard to find a one bedroom home comparable in any neighborhood. Motion by Jacobson, Seconded by Orttel, to concur with the valuation of $285,300 based on the assessment made by the Anoka County Assessor Office. Motion carried unanimously. 15035 Uplander Street NW - (22-32-24-33-0052) Mr. Tom Rooney indicated he was at the meeting because he did not feel his home was valued correctly. He stated he placed his home for sale at $489,000 and took it off the market a month later. He reviewed some appraisals given to him by a realtor with the Council and stated they have used the Department of Revenue methodology. The appraisal numbers have been between October 1, 2006 and September 30, 2007 and the search criteria used was based on that criteria. They used five different home values with adjustments, which averaged $374,900. He noted that market comparables were active homes, which should not be considered in this analysis. The Council discussed with Mr. Rooney and Mr. Dagastino the comparables that were used for the appraisal for value. Motion by Trude, Seconded by Orttel, to hold Mr. Rooney's parcel over until the reconvened meeting on April 15, 2008. Motion carried unanimously. 0 Mayor Gamache left the meeting at 8:00 p.m. th 0 1902135 Avenue NW - (34-32-24-43-0119) Marlin & Patricia Schmidt, 1902 135th Avenue NW. Mr. Dagastino stated they are going to look at the properties in that area because they have only had one sale. The others were bank owned. Motion by Jacobson, Seconded by Trude, to hold Mr. Schmidt's parcel over until the reconvened meeting on April 15, 2008. Motion carried unanimously. Holasek Properties - (R23-32-24-31-0025. 0026. 32-0006. 33-0002. 34-0052. 41-0001. 42-0002. 42-0003.43-0001.43-0002.44-0001.31-0001.32-0001.33-0001.34-0001.43-0001.12-0001. 13-0001. 21-0002. 24-0002) Mr. Winslow Holasek read a letter to the Council indicating his concern over the values of his properties. Mr. Dagastino indicated they will review these parcels. Motion by Jacobson, Seconded by Knight, to hold Mr. Holasek's parcel over to the reconvened meeting on April 15, 2008. Motion carried unanimously. 0 Louise B. Annanson - (17-32-24-24-0004) Mr. Jim Neilson stated this is an unbuildable vacant triangle parceL He has talked to Mr. Dagastino and this parcel will be reviewed again. Motion by Jacobson, Seconded by Knight, to hold this parcel over to the reconvened meeting on April 15, 2008. Motion carried unanimously. Mr. Neilson - (13-32-25-44-0028) Mr. Neilson stated he is not asking for anything specific regarding the valuation from the City, but to come to them with his thoughts on the process. He has been involved in litigation matters on tax appeals and land values. It is his understanding that the law is the value of this property as of January 2,2008 and anything up untill/2/2008 can be used for this value. He never heard of the State telling anyone you cannot use anything after January 2,2008. Mr. Neilson stated in 2001 this property's value went up $23,300, which was an increase of 6.1413%. The next year it went up $44,900, which was an increase of 11.15%. In 2003 the value went down $5,200, which was a decrease of 1.11618%. In 2004 the value went up $26,200 for an increase of 5.9223%. In 2005 it went up $29,200, which was an increase of 6.2314%, and in 2006 it went up $34,400, which was an increase of 6.91 04%. In 2007 it went up only $1,400, which was a slight increase of 0.2631%. This year the value went down $4,300, 0 which is a decrease of 0.8059%. The problem is that when the property goes up in value, the assessed values go up; however, when they come down the assessed value does not come down. 0 Councilmember Trude wondered if the reason was the lack of sales data. Mr. Neilson agreed and indicated there were arguments that can be made. Mr. Neilson stated the values decreased this year, but the local assessment was a lot less than it probably should have been. He thought the Council should think: about what is happening in the market even though they cannot do anything about it. Motion by Jacobson, Seconded by Knight, that the classification for this particular parcel will remain as proposed. Motion carried unanimously. Motion by Jacobson, Seconded by Knight to schedule the reconvened meeting to April 15, 2008 at 6:45 p.m. with the Council meeting following thereafter. Motion carried unanimously. The Council thanked Mr. Dagastino for doing a good job for the residents. Mr. Holasek stated the County switched to a new computer program in 2004 and he wondered why the County switched. Mr. John Leone stated the company that made the program was not going to support the old system anymore so they had to switch. Mr. Holasek asked what other Counties have done. Mr. Dagastino stated they may have different systems. Anoka County upgraded their system because the program they had was old and no longer supported. 0 Motion by Jacobson, seconded by Knight to continue the Board of Review meeting to April 15, 2008. Motion ~arried unanimously. The meeting adjourned at 8:40 p.m. Respectfully submitted, Susan Osbeck TimeSaver Off Site Secretarial, Inc. 0