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HomeMy WebLinkAbout19720502_edina_board_of_reviewMINUTES OF THE MEETING OF THE EDINA BOARD OF REVIEW 'HELD TUESDAY, MAY 2, 1972, AT 5:00 P.M. AT EDINA VILLAGE HALL Councilmen Johnson, Shaw and Van Valkenburg, acting as Hayor Pro Tem in the absence of Mayor Bredesen, served as Board of Review. No County represent- atr'ive attended the meeting as in the past, inasmuch as certain functions have now been assigned to the local Assessor in c-ommunities over 30,000. The meeting was convened at 5:00 p.m., pursuant to "Notice of Review Meetingt' published in the Edina Sun on April 20 and posted on Village bulletin boards on April 21, 1972. -I Mr. Swanson advised that 1972 assessments have been established which have resulted in a value of $278,387,975 representing an increase in market value of approximately 15%. 9 to 10% of this increase is the result of revaluation, 4 to 5% is the result OX new construction in the Village and the remainder of approximately 1% has come abrout because of lekislative action in assessing commercial and industrial property at 43% of their full value in comparison with the 40% that has been used up to this point. Mr. Swanson recalled that this increase is subject to a mill rate to raise revenues. for the municipality, the School District and the County and that 40% of the di'fference between 40 and 43% is shared on a metropolitan wide basis. selling prices of residential property to the Assessor's market value which indicated that selling prices are increasing. has increased generally at a rate of 5% per year. Mr. Swansod caLled attention to a chart which compared monthly He added that market value Mr. David R. Mulligan, 7128 Br,istol Blvd., requested re'duction of the market value on his house in view of the fact that his market value had increased 25% since he purchased the house four years ago. Market value in 1968 was given at $27,900; $33,370 in 1970, and $37,100 in 1972. Mr. Swanson will' examine the appraisal which Mr. Mulligan obtained from the Spring Company, wh'ich set market value at ,$34,900. . Vr. John G. Jones, 5500 McGuire Road, requested'reduction of hi.s property from 1972 market value of $51,600 in view of the fact that he had purchased ihe house for $49,000 in August, 1972, and that the purchase price included carpeting, drapes and appliances. Mr. Jones added that Mr. Herman Strauchauer of Edina Realty had said that he believed that $48,000 would be a fair market price. .Mr. Swanson cited comparison of another similar property in the area and said-that he would be able to get information on sales of other similar properties in the neighborhood within two weeks. Mr. A. L. Remingtoq, 5505 Knoll Drive, objected to the 1972 market value of $61,500 on his property'which had been increased from the 1970 market value of $59,640. other houses in his neighborhood were not consistent with his property and that municipal sewer and water are available but that his house is not con- nected to these improvements. house has not been inspected for six years-but that he will make an inspect- ion of the property in the next few days. Mr, J. R. Watson, 5605 Heather Lane, objected to the increase in his 1972 market value of $47,600 which had been increased from the 1970 market value of $44,490 on the grounds that he had paid $38;000 in May, 1968. Mr. Swan- son recalled that the County had denied Nr. l?atson's request for an abatement in 1970 and had established the ~arket value at that time of $45,300. Swanson told Mr, Watson that he would review sales made in his area if he would furnish him with the addresses of houses which had been recently sold. I ' Basis of Mr. Remington's objection was that market value of the Mr. Swanson said that the interior of the Mr. Mr. L. Ridinger, owner of the apartment building at 4415 Valley View Road, objected to the 1972 market value of $400,000 being placed on his 17 unit apartment building at $23,500 per unit, noting that Mr. Schuyler of Thorpe Bros. had said that $21,000 per unit, or $357,000 for the building would have a-more realistic value. Mr. Swanson will get together with Mr. Schuyler and review the market value. Mr. John Hedberg, representing Hedberg & Sons Company, 3725 W. 76th Street, objected to the market value placed on his property. ued indefinitely so that Mr. Hedberg and Mr. Swanson could meet together and review the valuation. This matter was contin- 3ks. GladstoneStlenson, 4811 Bywood West, advised that her house had never been ,inspected and an insDection aDpointment was arranged. - 5/2/72 67 :. t Mr. Gerald Hirsch, 5345 Division Street, objected to the 1972 market value of $57,500 of his property as compared with 1970 market value of $50,990. Mr. Swanson said that the Assessors had reviewed the property in accordanqe with Mr. Hirschls request after,he had received his 1972 property valuation and that an adjustment was made to $56,000. Mr. Hirsch contended that, inas- much as he had paid $52,000 for the property of March 3, 1971, the present . market value was not realistic. Mr. Hirsch was told to advise the Assessor if he know of any other sales in- the area so that prices on these properties could be checked. Mr. Dixon F.Jightman, 4616 Valley View Road, protested that he had been denied a homestead exemption for the year 1972. He said that he had been living and working in Minnesota since September while.his family had remained in Illinois while attempting to sell their home. Mr. Wightmad advised that he had selpt in this home on January 2, 1972, and was a tax paying resident of the State. into the legality of the matter, I The following persons were in attendance but their valuations were not cone: sidered at this meeting: Mr. B. A, Umhoefer; 4612 Concord Terrace; Mr. William F. Erickson, 4613 Concord Terrace; and Mr. Roland C. Danielson, 6209 Loch Moor. The matter was continued so that the Village Attorney could look The meeting was adjourned at 6:35 p.m. and continued to May 3, 1972, at 5:OO p.m., at which time the property owners had not been heard agreed to return. MINUTES OF THE CONTINUED MEETING OF THE HELD WEDNESDAY, MAY 3, 1972, AT 5:OO P.M. EDINA BOARD OF REVIEW Councilmen Johnson, Shaw and Van Valkenburg, acting as Mayor Pro Tem in the ued from May 2, 1972. Mr. B. A. Umhoefer, 4612 Concord Terrace, protested'his 1972 market value of $42,700 which had been increased from $39,240 in 1970. Mr. Swanson pointed out that the 1970 valuation included, in addition to the reassessment, air conditioning and the addition of the property of a 225' family room which had been added in 1969. Mr. Umhoefer contended that other properties in his neighborhood had three bedrooms and double garages which his house does not have, and that those valuations were lower than his. Mr. Swanson pointed out that the square footage of Mr. Umhoefer's house was considerably higher than the other properties mentioned. and Mr. Umhoefer was asked to advise him of any other properties in the neighborhood which had recently sold so that these selling prices can be checked. I absence of Mayor Bredesen, served as Board of Review for the meeting contin- I The Assessor will go through the house Mrs. William Erickson, 4613 Concord Terrace, had been in attendance but unable to remain. been increased to $44,100 in 1972 over the $42,020 market valuation placed on the property in 1970. He noted also that after the 1970 assessment was made, the owners requested a new appraibal but that no change was recommended at that time and nothing further had been heard from the Ericksons until this time. Mr. Swanson will call Mrs. Erickson for an appointment. Mr. R. C. Danielson, 6209 Loch Moor, protested the 1972 market value of his property which had been built in 1970 and valued at $81,000 in 1970. Swanson said that perhaps Mr. Danielson had not been award that the 1972 market value had originally been set at $89,000 but had been revised to $87,500. Note was made that Mr. Danielson had obtained two independent appraisals, one foe $77,500 and the other for $80,000. Mr. Swanson indicated that he would like an opportunity to study these appraisals. The meeting was then adjourned and continued to May 10, 1972 at 5:OO p.m. Mr. Swanson noted that the market price for this property had I Mr. '