ITEM TITLE:
Appeal 52 - Drew - 700 W Pioneer
SUBMITTED BY: Elise Sorum-Birk, Deputy City Clerk
FISCAL NOTES:
Expenditure Required: n/a
Unencumbered Balance: n/a
Funding Source: n/a
RECOMMENDATION:
Conduct BOE Hearing on Appeal 52
SUMMARY STATEMENT:
The appellant asserted that their valuation was excessive and cited concern on housing market, assessment process and new adjacent low-income housing development.
COV Assessed Value: Land- $39,600; Building- $500,100; Total- $539,700
Appellant’s Opinion of Value: Land- $39,600; Building- $450,600; Total - $500,100
The Assessor reviewed the appeal made the following adjustments:
Land- $39,600; Building- $489,500; Total - $529,100
Appeal 52 and Assessor summary are attached for review.
The Appellant had not signed the Assessor Review form prior to the agenda publication deadline. The appeal may still be settled with the assessor up until the time of the hearing.