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HomeMy WebLinkAbout109.2025 Order of the Mason County Board of Equalization Property Owner:Storage @ Allyn LLC Parcel Number(s): 12220-50-74001 Assessment Year:2024 Petition Number: 109.2025 Date(s) of Hearing: 3/27/2025 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 $ 243,085 Land $ 243,085 Improvements$ 279,990 Improvements$ 279,990 Minerals $ Minerals $ Personal Property$ Personal Property $ Total Value $ 523,075 Total Value $ 523,075 This decision is based on our finding that: The hearing was held on Thursday, March 27, 2025. Storage @ Allyn LLC, Robert Easter, Appellant, was present at the hearing. IdaMae Jensen and Russell Milarch, Assessor’s Representatives, and Assessor Patti McLean were present. The Appellant is appealing his commercial business operating as a mini storage facility in Allyn, WA. He objects to the method used by the Assessor in valuing his business. He believes that the Income Approach would more accurately value his business than the Cost Approach. He is appealing both the land and building/improvement values. The Assessor recognizes the Appellant’s argument for the Income Approach. However, she states income data for commercial businesses in Mason County are not available. The building/improvements were depreciated by 35%, $126,691, and are in fair quality. She also noted that all commercial buildings are assessed by the same method used throughout Mason County. The Board also recognizes the validity of the Appellant’s argument for using the Income Approach; however, Mason County is unable to use that approach for the above reason, availability of data. Therefore, the Board sustains the value for the land at $243,085 and improvements at $279,990 for a total of $523,075 for the subject parcel. Page 2 Petition No. 109.2025 Parcel No. 12220-50-74001 th Dated this 27day ofMarch , 2025 Cheryl Williams, Chairperson’s SignatureClerk’s Signature NOTICE This order can be appealedto 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 areavailable 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