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LAKE ' LMO BOARD OF REVIEW, JUNE 3, 1981 —2— Leo Raleigh Questioned his valuation, The home is 30 ,years old, The Assessor 11256 30th St, explained that the property and the home received a 25% blanket 7135-6650 increase this Year. valuation ; $51, 605 ASSESSOR ACTION: None COUNCIL ACTION : None Erwin Beutel Mr, Beutel asked why the value on this lot had not cone done 3693 Laverne since he sold off 101. The split has not been indicated on 37130-2200 the records as yet. The valuation will be reduced to $4,555 Valuation: $5,465 once the split comes through on their records. ASSESSOR ACTION: None COUNCIL ACTION : None Helen Fisher 8130 38th St, 37095-3100 Valuation: $78,300 37095-3150 Valuation: $79500 6/16/81 — Council approved reduction in value of parcel 37095-3100 by $8,900 Mrs. Fisher noted she is a realtor and familiar with property value in her area. She submitted compariables of homes that are for sale or have sold in the area. She feels the valueation is too high. She asked for a breakdown of the assessment on her home. She noted there is not a full basement as indicated on the record. She asked the assessors to view the property, She also questioned the value of parcel 3150. A pipeline goes through the lot and the parcel could not be sold as a buildable lot. ASSESSOR ACTION: `.Pile assessor will go out and view the house and the adjacent lot and make a recommendation to the board. COUNCIL ACTION: None. ASSESSOR RECOMMMDATION: The assessor viewed the house and .recommended reducing the value by $8,900 because there is no basement under part of the house and kennel value was taken too high, The value on the second parcel, 37095-3150, is ill line. Sohan Sahota Questioned the valuation of the property, The Assessor gave a 51111! Lake Elmo Avenue breakdown of the assessment on the home, Mr, Sahota indicated 37065-2250 there is no central air as indicated on the record. Be feels Valuation: $129,500 1-,his years increase is arbitrary and that the house has not increased 10/6 in value. The Assessor indicated the home was revalued this year and had received blanket increases over the past three years. Mr. Sahota purchased the home, two years ago, for $167,000. ASSESSOR ACTION: None COUNCIL ACTION : None Ted Huntly Questioned the valuation as of February 20, 1981, when he moved 4275 Ivy Ct. into the house. He stated the home was not carpeted or. painted 37444-2850 as of this date. Less was done as of January 1. Mr. Huntly Valuation: 8103,285 also disputed the market value, stating he has 870,000 into the home, and the County valued it at $88, 281). He does not 5/16/81 Council think the house increased $18,000 in value in three months. Zpproved reducing The Assessor did not go through the house, value by $13,140. ASSESSOR ACTION; The Assessor advised Mr.. Huntly that if he can supply information verifying that 'tale house was less than 95/ complete as of January the valuation could be adjusted.. They also advised him that he is eligible for 1/2 year home— stead credit if he applies before June 15. The Assessors will to out and view the house.