<br />MINUTES OF 11IE MEETING OF THE EDINA BOARD OP REVIEN
<br />MELD MONDAY, JUHE 8, 1981
<br />AT 5 :OO P .M. , AT EDINA CITY HALL
<br />-- ..
<br />Answering rollcall were Ifembers Richards , Schmidt, Turner and Mayor Courtney, with
<br />Member Bredesen arriving at the close of the meeting,
<br />pursuant to published "Notice of Board of Review" in the Edina Sun and notices
<br />posted on City Bulletin Boards. The Mayor announced that the purpose of this
<br />meeting wzs to give persons who considered themselves aggrieved by their property
<br />valuation, or those who wished to complain that the property of another is assessed
<br />too low, an opportunity to show cause for having the assessment corrected. Mem-
<br />bers of the audience were advised that theBoard of Review would make its decision
<br />and that they would be notified of that decision prior to July 8, 1981, so that an
<br />appeal could be made to the County Board of Review.
<br />Mr. Francis Hayes was supported by Mr. Alvyn Pope in his objection that $106,500
<br />was too high a market value for his Dewey Hill West condominium (11312) at 5601
<br />Dewey Hill Road. They submitted comparisons of .other condominiums in the City
<br />which they contended had a smaller per foot value than the per foot valuations
<br />assigned to the Dewey Hill West condominiums. Mr. Hayes particularly pointed out
<br />values for Point of France units. Also in attendance from Dewey Hill West condo-
<br />miniums were Messrs. Donald Bergquist (11310) and Karl Diessner (8304) , Ms. Annette
<br />Sukov (11112) and Dr. and Nrs. Karl Sandt (#212)who did not speak at the hearing-
<br />but submitted sheets questioning the market value placed on their dwelling units.
<br />The meeting was convened
<br />Mr. R. S. Ylvisaker, 4360 Brookside Ct., (11103) objected to his assessed market
<br />valuation of $64,500, saying that the valuation had increased from $50,700 last-
<br />year, but that he had no idea of what the market value of the property should be.
<br />Mr. W. D. Bynell, representing Mr. J. I?. Nolan, owner of property located at 61.33
<br />Kellogg Ave., valued by the Assessor at $94,000, and property at 4412 Valley View
<br />Road, valued by the Assessor at $90,000, objected to the total estimated market .
<br />value of the two properties. He said that business is not good in the area and
<br />. asked that the values be reduced to last year's values.
<br />has already reviewed the property and will recommend that the new market value for
<br />property at 4412 Valley View Road be somewhat reduced.
<br />from Mr. Ndlan requesting review of the property.
<br />Mr. Leslie H. Hughes, 4206 W. 44th Street, objected to the fact that the market
<br />value of his property had increased 72% over the past four years and suggested
<br />that a realistic market value would be $45,000, rather than $55,000 as presently-
<br />established by the Assessor.
<br />. .
<br />Mr. Johnson said that he
<br />I A letter was also received .
<br />Mr. Joseph Bard, 6400 York Ave., (11402) objected to the Assessor's market value of
<br />of cheap building construction and that there is 6" of water in the garage when it
<br />rains. le. Bard referred to other units that sold for more, but said that expen-
<br />sive improvements had been made to those units. He cited the fact that the unit
<br />of,Dr. Perlman netted $78,500 recently after paying points and agent's fees.
<br />He sai'd that owners in his building have had expenses incurred because
<br />The following letters were received objecting to the assessed valuation as estab7
<br />lished by the Assessor:
<br />Dr. Barbara K. Bundt, 5312 TJ. 64th St., objected to the Assessor's estimated market
<br />value of $114,500.
<br />market value and considerably inore than offers recently received when the house
<br />was up for sale.
<br />Nr. Ralph Bulford, 6516 Ridgeview Dr., objected to the Assessor's estimated market
<br />value of $117,500.
<br />$100,000, including about $9,000 of personal property, and added that the property
<br />is run down and in need of repair.
<br />She said that this is a 18.5% increase over her 1980 estimated
<br />I He said that he purchased the property in September? 1980 .for
<br />Mrs. Betty J. McCauley, 6447 McCauiey
<br />market value of $29,900 each for Lots
<br />Addition. She said that she had been
<br />that the sale had not been consumated
<br />Mr. Paul F. Keller, 6412 Indian Hills
<br />market value of $127,200, saying Lhat
<br />Nr. R. G. Ische, 6617 Cheyenne Trail,
<br />Terr., objected to the Assessor's estimated
<br />1, 2 and 3, Block 1, McCauley Heights 8th
<br />offered $25,000 for Lots 1 and 2 in 1980-but
<br />and that the lots remain unsold.
<br />Road, Objected to the Assessor's estimated
<br />he believes the value should be reduced to
<br />objected to the estimated market value of
<br />.$134,700, stating that t'he value is out of 1Snc xith othcr properties in the area.