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HomeMy WebLinkAbout10/17/2024 Docusign Envelope ID: D2A25C75-4C3E-44A9-9B2F-2DCC73335EAB Order of the Mason County Board of Equalization Property Owner: William Yeasting Parcel Number(s): 22212-56-00003 Assessment Year: 2023 Petition Number: 622.2024 Date(s) of Hearing: 10/17/2024 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 $ 191,685 ® Land $ 191,685 ® Improvements $ 1,237,465 ® Improvements $ 1,237,465 ❑ Minerals $ ❑ Minerals $ ❑ Personal Property $ ❑ Personal Property $ Total Value $ 1,429,150 Total Value $ 1,429,150 This decision is based on our finding that: The hearing was held on Wednesday, October 17, 2024. William Yeasting, Appellant, was present at the hearing. IdaMae Jensen, Assessor's Representative, and Assessor Patti McLean were present. The Appellant purchased his property on October 6, 2023, for$1,025,000. The $1,429,150 value under appeal was set as of January 1, 2023,utilizing sales prior to the purchase date. The purchase price occurred 10 months after the date of assessment under appeal and in a different market than that of 2022 and prior. Therefore, the sale at $1,025,000 is not a valid sale for the current assessment period but will be for the upcoming 2024 assessment year. The Assessor recommends the Appellant submit an appeal for the 2024 protest period at which time the October 2023 purchase price will be valid. 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 $191,685 and improvements at$1,237,465 for a total of$1,429,150 for the subject parcel. Docusign Envelope ID: D2A25C75-4C3E-44A9-9B2F-2DCC73335EAB Page 2 Petition No.622.2024 Parcel No.22212-56-00003 Dated this 17th day of October 2024 DocuSigned dby: Signed by: i & (,600S uaW& T,ovtAps61V Janice ooMIS, airperson'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 Docusign Envelope ID: D2A25C75-4C3E-44A9-9B2F-2DCC73335EAB Order of the Mason County Board of Equalization Property Owner: Warren Living Trust Parcel Number(s): 12220-55-00055 Assessment Year: 2023 Petition Number: 623.2024 Date(s) of Hearing: 10/17/2024 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 $ 93,690 ® Land $ 93,690 ® Improvements $ 522,640 ® Improvements $ 522,640 ❑ Minerals $ ❑ Minerals $ ❑ Personal Property $ ❑ Personal Property $ Total Value $ 616,330 Total Value $ 616,330 This decision is based on our finding that: The hearing was held on Wednesday, October 17, 2024. Alyssa Warren, Appellant, was present at the hearing. IdaMae Jensen, Assessor's Representative, and Assessor Patti McLean were present. The Appellant stated on her petition that her estimated value in the amount of$616,330 reflects that of similar homes which have sold in her neighborhood and the verbal opinion given to her by her former realtor. During testimony the Appellant described several recent sales that were provided to her by her realtor. However, no documentation was submitted to the board prior to the hearing. The Assessor stated that the home has been depreciated by 2 1% for a total of$134,446 for aging components. The Assessor provided three comparable sales within her neighborhood. The values, as adjusted, ranged from $593,029 to $639,091. The value of the subject property falls within this range. 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 $93,690 and improvements at$522,640 for a total of $616,330 for the subject parcel. Docusign Envelope ID: D2A25C75-4C3E-44A9-9B2F-2DCC73335EAB Page 2 Petition No.623.2024 Parcel No. 12220-55-00055 Dated this 17th day of October 2024 rDocuSigned by: Signed by: aan.iu. (,eewlis roa�.�.ic,l�,c, �t,ew�psew Jamce oomis, hairperson'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 Docusign Envelope ID: D2A25C75-4C3E-44A9-9B2F-2DCC73335EAB Order of the Mason County Board of Equalization Property Owner: Jeff Faubion Parcel Number(s): 42025-33-00020 Assessment Year: 2023 Petition Number: 624.2024 Date(s) of Hearing: 10/17/2024 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 $ 76,375 ® Land $ 76,375 ® Improvements $ 157,195 ® Improvements $ 157,195 ❑ Minerals $ ❑ Minerals $ ❑ Personal Property $ ❑ Personal Property $ Total Value $ 233,570 Total Value $ 233,570 This decision is based on our finding that: The hearing was held on Wednesday, October 17, 2024. Jeff Faubion, Appellant, was present at the hearing. IdaMae Jensen, Assessor's Representative, and Assessor Patti McLean were present. The Appellant is appealing the property value on his home that was purchased on December 20, 2023, for $115,000. He states on his petition that the home is currently inhabitable, and a great deal of money will have to be invested to make the home livable. The Appellant is not contesting the land value. The Assessor agreed with the Appellant that the home needs a lot of work. She stated that the home carries a 32% depreciation in the amount of$56,265. She recommended that the Appellant complete a destroyed property application to seek tax relief. The Assessor further recommends the Appellant submit an appeal for the 2024 protest period at which time the December 2023 purchase price will be valid. 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 $76,375 and improvements at$157,195 for a total of $233,570 for the subject parcel. Docusign Envelope ID: D2A25C75-4C3E-44A9-9B2F-2DCC73335EAB Page 2 Petition No.624.2024 Parcel No.42025-33-00020 Dated this 17th day of October , 2024 by: Signed by: FDoCUSigned a iu (,66MtS �a it(fit T,owApW, F-fi9---92944Gr _ Janice Loomis,Chairperson's Signature Cler '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 640058 (5/25/2017)—MCBOE062019