04/19/1989 Council Minutes - Laserfiche WebLink

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076 COUNCIL BOARD OF REVIEW APRIL 19, 1989 land and also explained that there may be minor adjustments in the future depending on experience of the sales market. Mr. Goble said it would not be necessary for him to come to his house. Mike Gotwald, 6770 West, Shadow Lake Drive, PIN 29- 31- 22 -13- 0005 - This property is'owned by Mr. Gotwald's father and he has talked to Mr. Nienaber about the situation previously. This is an outlot and most of it is low land flooding when Reshanau Lake floods. Only a small portion of it may be buildable depending on whether or not setback requirements can be met. However, Mr. Gotwald felt it could not be made buildable until municipal water and sanitary sewer is available. Mr. Nienaber explained that the value he has placed on the property is basically for only the buildable portion. He noted that other lots were selling for $40,000 or more and he felt the value was fair. Mr. Gotwald said he felt it was unfair to appraise a lot for what might be available in the future. Mr. Nienaber said he felt it was worth $22,000. He noted that other people had purchased lots on the lake with no intention of building on them, but to just protect their view of the lake. They paid the normal market value for protecting their view. Mr. Nienaber explained that he had other persons in his office look at the parcel. Mr. Gotwald asked if they have seen it when it is two thirds under water? Mr. Nienaber said the basis for his valuation is one buildable portion. Mr. Gotwald said he would get someone else to look at this parcel. Mr. Nienaber has Mr. Gotwald's telephone number. John O'Connel, PIN 29- 31 -22 -11 -0005 - Mr. O'Connel explained that the value of his vacant lot went from $20,000 to $45,900. He noted that the property was probably undervalued initially but felt the increase was too large. He asked where he could go from here and Mr. Nienaber explained that he could attend the County Board of Review on June 19, 1989. Mr. Nienaber also told Mr. O'Connel that he could show him sales in the immediate area ranging to $60,000. Mr. O'Connel said he would like to see this information and Mr. Nienaber will provide this information to him as well as aerial photographs. Dale Robertson, PIN 21- 31- 22- 31- 0001, 21- 31 -22 -24 -0003, 21- 31 -22 -42 -0001 and 21- 31 -22 -24 -0001 - Mr. Robertson explained that he has already contacted both Mr. Nienaber and Mr. Verner regarding his situation. Mr. Nienaber explained that all of the property is within the MUSA area and he used the same process of appraising these parcels as he used for the property to the south of these parcels. Mr. Robertson explained that he felt that Mr. Nienaber had calculated to many potential lots since some of the land may not be buildable. He also asked if Mr. Nienaber had taken into