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HomeMy WebLinkAbout19730614_continued_meetingMINUTES OF THE CONTINUED PEETING OF THE EDINA BOARD OF REVIEF7 HELD THURSDAY, JUNE 14, 1973, AT 4:30 P. M. c Councilmen Courtney, Shaw, Van Valkenburg and Mayor Bredesen served as Board of Review at the meeting continued from June 13, 1973. Mr. Earl Fredrickson, 5408 Doncaster %lay, objected to the increase in his pro- perty valuation from $53,500 in 1972 to $56,200 in 1973. 'He said that he had purchased his home in November; 1971, for $50,000 and that the asking price had been $52,500. by the Village Assessor is approximately 95.3% of the selling price. rickson said that he had obtained a list from his realhor of some 109 sales in the Village and cited numerous prices of sales of houses in the $45,000 to $85,000 price range. He was reminded by Councilman Courtney that the Board is interested only in selling prices of similar houses in similar locations. Mayor Bredesen said that the market value of a property can never be determined until that property is resold. the purpose of raising taxes. ment to inspect the house. Nayor Bredesen pointed out that the valuation established Mr. Fred- He added that valuation is not increased for Mr. Swanson will attempt to arrange an appoint- Mr. Rodger E. Jensen, 4420 Philbrook Lane, was not present at this meeting but: had left his objection on June 11, 1973, to the increase of his valuation from $48,500 in 1972, to $50,900 in 1973. a correct valuation. He had indicated that $40,000 would be Mr. John M. Anderson, 440: Grimes Ave., was not present at this meeting but had left his objection on June 11, 1973, to the increase of his valuation from $29,100 in 1972 50 $29,200 in 1973.. He had indicated that he did not feel that a two bedroom, one' bath home with old plumbing, furnace, etc. is worth the valuation set by the Assessor. Mr. David D. Naas, 6721 McCauley Trail 27, objected to the increase of valuation of the parcel on which his home is located from $36,800 in 1972 to $105,000 in 1973, and the increase of an adjacent parcel of land from $400 in 1972 to $1,000 in 1973. $76,800. and that his only increase for this year would be 5%. that in 1972 the land was valued at $34,000 and the structure at $42,800, in comparison to the 1973 land value of $60,000 and the structure at $45,000. Mr. Naas was told that if he is over 65 years of age, his 1974 real estate taxes will be no higher than taxes paid in 1973. Mr. Samuel Z. Hechter, owner of a 63 unit apartment building located at 4545 Valley View Road, objected to the increased valuation on his building from $1,200,000 in 1972 to $1,240,000 in 1973. Mr. Hechter said that he believes that the correct value would be $1,100,000. Mr. Swanson will review a state- ment of income and expenses of the property with Mr. Hechter. He advised that he believes that the correct value should be Mr. Naas was told that the land had been undervalued for many years Mr. Swanson pointed out Mr. Curtis E. Austin, 5509 Grove Street, was not present at this meeting but had left his objection on June 11, 1973, to the increase of his valuation from $29,400 in 1972 to $37,000 in 1973. Mr. Austin had indicated that he believed that newer property with greater floor space and additional facilities was selling at.values equal to the assessed value of his property. Mrs. Lylas J. Clark, owner of the double bungalow at 5715-5717 France Ave. S., was not present. at the meeting but left her objection on,June 11, 1973, to the increase of the valuation from $61,600 in 1972 to $64,100 in 1973. Mr. Villis Borchert, 6122 France Ave. S., was not present at this meeting but had left his objection on June 11, 1973, to the increas.ed valuation of his double house at 6122 France Ave. S. from $72,300 in 1972 to $75,900 in 1973. Nr, Kenneth Pearson, 6801 Telemark Trail, was not present at this meeting but had left his objection on June 11, 1973,. to the increased valuation of his property from $82,000 in 1972, to $85,300 in 1973. Mr. Pearson had indicated that he believed that the true market value should be $75,000. 11s. Venus E. Smith, owner of an eleven unit apartment building at 4001 Navelle Drive, was not present at this meeting bur had left her objection at the meet- ing of June 11, 1973, to the increased valuation of her property from $208,600 in 1972 to $212,000 in 1973. rect value to be $200,000 and had noted that the value of older apartment Ms. Smith indicated that she believed the cor- 6 / 14/7 3 buildings should not be increased. i Mr. Harold Roberts appeared to protest the increased valuation of the office building owned by Oscar Roberts Co. at 7200 France Ave. S. from $900,000 in 1972 to $920,000 in 1973. between $800,000 and $825,000 inasmuch as the building is low and they have to property. He suggested that the tax for office buildings should be 25% of the total gross property income which would limit their tax to $28,000. Bir. Roberts * was told that the Village would like to see qn appraiser's estimate but would not be bound by it. Hr. Swanson will meet with FIr. Roberts. Hr. Earl H. A. Isensee, 4617 Golf Terrace, objected to the increased valuation of his propeety from $56,800 in 1972 to $59,700 in 1973, stating that the ,1972 valuation is in line with recent sales in the area. Mr. Isensee said that the house is now twenty-five years old and needs major repairs. that the house at 4517 Golf Terrace sold on March 1, 1973, for $63,500. llr. Isensee said that the house on Lot 9, Block 2, Golf Terrace Heights had sold for $60,000 in September, 1969. Mr. Swanson will review the property. Mr. Isensee then asked the Village Manager to close off the access to T.H. 100 at Golf Terrace so that cars will not speed down Golf Terrace. Hall, 4902 Lakeview Drive had refused,to sign a petition for this closing. He said that he believes that the correct value should be -furnish their own drainage and pumps since surrounding lands drain to this -I He advised the Board He said that only Dr. Mr. David Dietrich, 404 John Street, WAS not present at this meeting but had left his objection on June 11, 1973, to the increase of his property from. $33,300 in 1972, to $34,900 in 1973. He suggested that a correct valuation would be $32,000 based on comparable costs of new construction and comparable sales of property in the Village. ' Nr. James A. Kelsey, 5720 Kemrich Drive, was not present at this meeting but left his objection on June 11, 1973, to the increased valuation of his property from $50,400 in 1972, to $52,900 in 1973. Mr. Kelsey had indicated that it is' not fair to increase new'properties at the same 5% rate as older houses. IIr. Robert V. Tarbox, 5001 Bruce Ave., was not present at this meeting but had expressed objection to the increased valuation of his property from $55,000 in 1972 to $57,800 in 1973. property with 5506 Arden Ave., which had been valued at $62,500. Mrs. Gladstone 31. Stenson, 4811 Bywood Vest, objected to the increase in her valuation from $58,300 in 1972, to $G2,000 in 1973, stating that the correct value . would not be over $59,000. the house caused because the contractor had failed to make needed repairs as he had agreed. had petitioned at Crescent Drive and Bywood I.Jest would be checked out. The Assessing Department suggested comparing his : . Eir. Swanson said that he would inspect the damage to Mrs. Stenson was also assured that the street light for which she No further business appearing, the meeting was adjourned at 5:40 p.m. and continued to June 21, 1973, at 4:30 p.m. Village Clerk IIIJWTES OF THE CONTINUED MEETIKG OF THE HELD THURSDAY, JUNE 21, 1973, at 4:30 P.M. Councilmen Courtney, Shaw and Van Valkenburg, serving as Mayor Pro Tem in the absence of Mayor Bredesen, served as the Board of Review for the meeting contin- EDINA BOARD OF REVIEW I ued from June 14, 1973. Following Mr. Swanson's presentation of his recommendations after reviewing the - various properties for which reduction of valuation had been requested;the Board Meeting was adjourned at 5:30 p.m. and continued to June 25, 1973 at 4:30 p.m. I ,A- b Village Clerk