1'68 f' 6/10/76
<br />- .. . F- ad gutters and because of the poor water pressure.
<br />Assessors have looked at the houses in. the Eorningside area which are under dis-
<br />cussion tonight but have not as yet conpluded their analysis.
<br />sales of other recently constructed houses in the Morningside area.
<br />Mr. Robert L. Mellema, 4208 Grimes Avenue, objected to his market value for 1976
<br />of $84,800 which had been increased from the 1975 market value of $78,770. He
<br />said that his lot was marginal, that errors in construction had run up the orig-
<br />inal cost of the house, that'there is an easement across the property 2nd that
<br />houses in the Morningside area do not command the same prices as houses in other
<br />areas of Edina. He sugested that a more realistic market price would be $69,800.
<br />Mr. Francis Lang, 6616 Kenny Place objected to his 1976 market value of $160,700.
<br />He advised that he had bought his two.lots for $30,000 and that the cost of his
<br />house was $92,000. He added that he had spent approximately $5,500 to make the
<br />lots buildable. lk. Lang said that the house had been appraised for a mortgage
<br />loan at $118,000 on April 8, 1975, but that price had not included the extra lot
<br />OF the;sod and the driveway. He said that the contractor had estimated that the
<br />cost should be $122,000 on today's market. Mr. Lang left his contract documents
<br />for the Assessor to review. Mr. Swanson will also make an inspection of the
<br />property. (Owner's value opinion was $130,000.) .
<br />hr. Swanson said that the
<br />They will check
<br />Mayor Van Valkenburg then declared the meeting continued to Monday, June 14,
<br />1976, at 7:OO p.m. ..
<br />-4 YP&,A& City Clerk 'I
<br />MINUTES OF THE CONTINUED MEETING OF THE
<br />EDINA BOARD OF REVIEW
<br />HELD MONDAY, JUNE 14, 1976, AT 7:OO P.M.
<br />Answering rollcall for the continued meeting of the Board of Rev
<br />Courtney, Richards, Schmidt, Shaw and Mayor Van Valkenburg.
<br />.. .. ,.
<br />Mr. Vernon Holy Jr., 5304 Birchcrest Dr., objected to his 1976 market value of
<br />$82,700 which had been increased from $77,080 in 1975. He objected that his
<br />valuation is $17,000 higher than a neighboring house that is very little smaller.
<br />Mr. Swanson explained the criteria used in determining market value and said
<br />that he believes that the value of Mr. Hol's house is somewhat conservative.
<br />Discussion ensued ss to the relative value of a swimming pool which Mr. Hol con-
<br />tended is often a detriment to the sale of a house. Mr. Swanson pointed out
<br />that the value of a pool is determined by using approximately half of the current
<br />construction cost.
<br />sell at the market value set by the Assessor.
<br />Mr. Hol said that properties in his neighborhood will not
<br />Mr. Joel D. Long, 5600 Dundee Road, objected to his 1976 market value of $75,000
<br />which had increased from the $70,970 market value set in 1975.
<br />that he had purchased the house in January, 1976, for $65,000 after it had been
<br />on and off the market for some time. Mr. Swanson said that he had reviewed the
<br />property after the transaction was closed and had found no discrepancy in the
<br />market value set by his office.
<br />Mr. Donald Johnson, owner of a double bungalow at 6312 Brookview Ave., objected
<br />to the 1976 market value of $60,000, recalling that the County had adjusted his
<br />value in 1975 to $51,000.
<br />Mr. Long said
<br />He said that his bungalow was valued $4,600 higher
<br />than.any other similar properties in the block, none of which have been sold
<br />Mr, Donald Johnson, owner of a double bungalow at 5128-30 Richmond Drive, objected
<br />to the 1976 market-value of $44,000, recailing that the County had adjusted his'
<br />value in 1975 to $37,700 because of the closeness to the railroad tracks.
<br />Mr. William Hope, 6801 Telemark Drive, objected to his 1976 market value of
<br />$101,000 which had been increased from the 1975 market value of $94,000.
<br />said that he had purchased the house last fall for $94,000, plus $6,000 for
<br />personal property which included draperies and furniture. Mr. Hope contended
<br />that the fact that his house is in the Hopkins School District hurts the value
<br />of the property,
<br />with the house for the Assessor's information.
<br />Mr. Hope will bring a list of his inventory of items purchased