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1 recalled canoeing down that street a couple of times when • <br /> 2 he was younger; <br /> 3 indicated surprise that Mr. Bredemus ' sons hadn' t known <br /> 4 about those conditions before they bought the house or at <br /> 5 least wouldn' t have been told something about them by the <br /> 6 seller. <br /> 7 Ranallo pointed to the fact that the 1988 valuation had been $1 ,000 <br /> 8 less than the purchase price, even though all other St. <br /> 9 Anthony properties had risen at least 2-3o since 1985 ; <br /> 10 warned that the Board of Equalization might raise the valu- <br /> 11 ation above $89 ,000 . <br /> 12 Mr. Bredemus said he didn' t want to carry the issue further but was <br /> 13 just interested in finding out more about how the property valuations <br /> 14 were established. <br /> 15 Council Action <br /> 16 Motion by Ranallo, seconded by Marks to uphold the $89 ,000 assessed <br /> 17 valuation the Hennepin County Assessors had placed on the property at <br /> 18 2705 St. Anthony Boulevard after an onsite inspection had been made of <br /> 19 the premises. <br /> 20 Motion carried unanimously. <br /> 21 Schmid Home at 2800 St. Anthony Boulevard to be Reevaluated <br /> 22 Mrs. Alois R. Schmid of the above address appeared to protest the 9.6% <br /> 23 raise in valuation her property had been given in 1988 which raised her <br /> 24 valuation from $92 ,000 to $97 ,600. Mrs. Schmid reported she had <br /> 25 requested an onsite inspection of her property two years ago and the <br /> 26 assessor at that time had reduced the valuation to $92 ,000 which had <br /> 27 stayed the same for 1987 . The homeowner indicated there had been no <br /> 28 improvements to her home for the last 20 years. When she had called <br /> 29 the Assessors office she had been told "the big house across the <br /> 30 street" and several other things had caused the raise which, Mrs. <br /> 31 Schmid said, had not satisfied her. <br /> 32 Councilmember Ranallo told the assessors this was the same type of <br /> 33 complaint- he was getting from other residents whose property values <br /> 34 were being raised without onsite inspections. <br /> 35 Mr. Salzwedel told him the real estate market went up 6% last year, so <br /> 36 the assessors have to adjust their schedules to reflect those changes. <br /> 37 He indicated that by not reflecting that raise all over the City, and <br /> 38 not just in the quadrant inspected last year, would tend to upset the <br /> 39 equalization the assessors try to maintain for the City as a whole. <br /> 40 Mr. Busitsky added that onsite inspections just updated and verified <br /> 41 data already entered into the computer which is then applied to like <br /> • <br /> 3 <br />