CC PACKET 04261983 - Laserfiche WebLink

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CITY OF ST. ANTHONY BOARD OF REVIEW May 10 , .19-83 The Board of Review-was called to order by Mayor Sundland at 6 : 30 P.M. Present for roll call: Marks , Ranallo, Sundland and Letourneau. Enrooth arrived at 6 : 35 P.M. Also present: David Childs , City Manager; Richard Becken , Hennepin County Assessors Office; and Carol Johnson, Finance Director. The Mayor outlined the procedure which would be followed and ruled that the practice of not requesting a reevaluation where differences would be less than $500 would be followed again- this year. Mr. Becken told approximately two dozen residents who were present that the 1983 estimated market value shown in the notices they had received within -the last few -weeks would be the only issue before the Board that evening. Mr . and Mrs. V.F. Scott indicated they were present to "find out what's go- ing to- happen down the road" since the valuation of their property at 2520 Pahl Avenue N.E. , had been raised in 1982 from $79 ,000 to $131 ,000 and to $123, 000 in 1983. Mr. Scott said he considers his home to be "overvalued" now. ' Mr. Becken told him the" 1-9-82 raise had probably resulted from onsite appraisal done by the County on all homes in the northeast quadrant of the City that year and the 1983 valuation had been established by computer for his home along with 750 of the remaining City homes which were not given onsite appraisals . The County spokesman told Mr. Scott there had been very little growth in valuations for single family residences in the past year and, since the valuations are based on the real estate market, those valuations should stay close to where they are as long as the market stabilizes . He then advised the City resident that he could ask for a reappraisal of his 1983 valua- tion if he believes his home is overvalued and could file for an abate- ment of his 1982 valuation. When Mr. Scott indicated he would rather research the valuations which had been set in his neighborhood before risking another rise in valuation with another appraisal , Mr. Becken told him once the appraisal is made, it is considered the "bottom line" and values are not customarily raised with a reevaluation. The Scotts requested no further action be taken. Michael Spielmann reported he had purchased the home at 2813 Silver Lake Road, April 30th for $10 , 000 less than it had been evaluated for 1983 , which did not seem equitable to him. He said the County appraiser who he had requested to make a reappraisal of his home, had refused to lower the valuation. Mr. Becken said he would recommend the Board exercise--its right - to- direct -that -valuation be reduced to, the amount . for which the property was sold, since the 1983 valuation should - �( certainly reflect that price.