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HomeMy WebLinkAbout9.2025 Order of the Mason County Board of Equalization Property Owner:CatMagic LLC Parcel Number(s): 32006-50-02056 Assessment Year:2024 Petition Number: 9.2025 Date(s) of Hearing: 1/16/2025 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 $ 186,880 Land $ 186,880 Improvements$ 679,750 Improvements$ 611,255 Minerals $ Minerals $ Personal Property$ Personal Property $ Total Value $ 866,630 Total Value $ 798,135 This decision is based on our finding that: The hearing was held on Thursday, January 16, 2025. CatMagic LLC, Appellant, was not present at the hearing. IdaMae Jensen, Assessor’s Representative, and Assessor Patti McLean were present. The Appellant provided two residential appraisals, one by R2 Appraisal, Inc. and the other by Brady Fuller, Broker. The same three comparable sales,provided in each appraisal, were used by the Assessor in their valuation. The Assessor provided an assessment roll correction of $798,135, which was unsigned at the time of the hearing. The indicated value of the subject property was modified after clarification of the actual square footage of the subject property. The Board found a preponderance of the evidence that the Assessor’s original assessment was in error. Therefore, the Board overrules the original value and sets the new value for the land at $186,880 and improvements at $611,255 for a total of $798,135 for the subject parcel. Page 2 Petition No. 9.2025 Parcel No. 32006-50-02056 th Dated this16day ofJanuary,2025 Cheryl Williams, Chairperson’s SignatureClerk’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