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HomeMy WebLinkAbout08/21/2024 Docusign Envelope ID: F5F29193-7D21-435F-A5EC-FBA9B153C3AB Order of the Mason County Board of Equalization Property Owner: Bruce Veitch Parcel Number(s): 22319-50-00080 Assessment Year: 2023 Petition Number: 488.2024 Date(s) of Hearing: 8/21/2024 Having considered the evidence presented by the parties in this appeal, the Board hereby: ® sustains ❑ overrules the determination of the assessor. Assessor's True and Fair Value BOE True and Fair Value Determination ® Land $ 175,975 ® Land $ 175,975 ® Improvements $ 346,925 ® Improvements $ 346,925 ❑ Minerals $ ❑ Minerals $ ❑ Personal Property $ ❑ Personal Property $ Total Value $ 522,900 Total Value $ 522,900 This decision is based on our finding that: The hearing was held on Wednesday, August 21, 2024. Bruce Veitch, Appellant, was not present at the hearing. IdaMae Jensen, Assessor's Representative, and Assessor Patti McLean were present. The Appellant submitted a petition appealing his 2023 assessed value at $404,465. However, the current value on the property is $522,900. Additionally, his value reads To Be Determined(TBD) and no comments or evidence have been provided. The Assessor provided two sales; one sale was from 10/29/2021 for$601,500. The second sale closed on 4/12/2021 at $1,090,000. The Assessor noted that the value of sales in this area are widely ranged. The subject property also has a depreciation factor of 22%, equaling $51,698 for the current year. The Board found no clear, cogent, or convincing evidence that the Assessor was in error. Therefore, the Board sustains the value for the land at $175,975 and improvements at$346,925 for a total of $522,900 for the subject parcel. Docusign Envelope ID: F5F29193-7D21-435F-A5EC-FBA9B153C3AB Page 2 Petition No.488.2024 Parcel No. 22319-50-00080 Dated this 21st day of August 2024 DocuSigned by: Signed by: F��a��ncana7g4Q� Chery Wi iams, hairperson's Signature Clerk's Signature NOTICE This order can be appealed to the State Board of Tax Appeals by filing a formal or informal appeal with them at PO Box 40915, Olympia,WA 98504-0915 or at their website at bta.state.wa.us/appeal/forms.htm within thirty days of the date of mailing of this order. The appeal forms are available from either your county assessor or the State Board of Tax Appeals. To ask about the availability of this publication in an alternate format for the visually impaired,please call 1-800-647-7706. Teletype(TTY)users use the Washington Relay Service by calling 711. Distribution: • Assessor • Petitioner • BOE File REV 64 0058 (5/25/2017)—MCBOE062019 Docusign Envelope ID: F5F29193-7D21-435F-A5EC-FBA9B153C3AB Order of the Mason County Board of Equalization Property Owner: Kylie & Dylan Helser Parcel Number(s): 42035-14-90080 Assessment Year: 2023 Petition Number: 458.2024 Date(s) of Hearing: 8/21/2024 Having considered the evidence presented by the parties in this appeal, the Board hereby: ❑ sustains ❑ overrules the determination of the assessor. Assessor's True and Fair Value BOE True and Fair Value Determination ® Land $ 83,905 ® Land $ 83,905 ® Improvements $ 654,905 ® Improvements $ 601,030 ❑ Minerals $ ❑ Minerals $ ❑ Personal Property $ ❑ Personal Property $ Total Value $ 738,810 Total Value $ 684,935 This decision is based on our finding that: The hearing was held on Wednesday, August 21, 2024. Dylan Helser, Appellant, was present at the hearing. IdaMae Jensen, Assessor's Representative, and Assessor Patti McLean were present. The Appellant stated on his petition that he submitted a bank appraisal from Shapiro Home Valuation for a refinance loan on 12/20/2022 in the amount of$610,000. This appraisal is significantly different from the Assessor's value of$738,810 for the 2023 assessment year. The Assessor provided two comparable sales grids supporting a reduction in value from $738,810 to $684,935. One sales grid was the comparable sales used by the bank appraisal and the other sales grid included three sales from the Assessor. The Assessor did not include the first bank appraisal comparable sale, as it was determined to be an outlier and was not in the same neighborhood as the subject parcel or other comparable sales. The average value of all the comparable sales, excluding the outlier sale, is $685,030. The Board chose the lower value recommended by the Assessor, which was reported as an assessment roll correction, which the Appellant did not sign. The Board found a preponderance of the evidence that the original assessed value was in error. Therefore, the Board sustains the value for the land at $83,905 and overrules and sets the value for improvements at $601,030 for a total of$684,935 for the subject parcel. Docusign Envelope ID: F5F29193-7D21-435F-A5EC-FBA9B153C3AB Page 2 Petition No.458.2024 Parcel No.42035-14-90080 Dated this 21st day of August 2024 DocuSigned by: Signed by: v� w ' M r6AI A Chefy > lams,Chairperson's Signature Cler s ignature NOTICE This order can be appealed to the State Board of Tax Appeals by filing a formal or informal appeal with them at PO Box 40915, Olympia,WA 98504-0915 or at their website at bta.state.wa.us/appeal/forms.htm within thirty days of the date of mailing of this order. The appeal forms are available from either your county assessor or the State Board of Tax Appeals. To ask about the availability of this publication in an alternate format for the visually impaired,please call 1-800-647-7706. Teletype(TTY)users use the Washington Relay Service by calling 711. Distribution: • Assessor • Petitioner • BOE File REV 64 0058 (5/25/2017)—MCBOE062019