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HomeMy WebLinkAbout1975/06/26 - ADMIN - Minutes - City Council - Regular�. 2. 3, 4. MI:�LT�S 0� Si. L�UZ� C:�ILL TO ORDER The Bo��d o� Revi,�:w o� at 6:30 p, m, Wednesday ROLL Gf����L � �'�.;� pARK, Ju:�e 26, the asses�m�nr Ju:�e 26, 1975. QF ��'TFI�j MII��ESOTA 1975 The fallowing Co�lncilmertl were presertt: Rose-�l�ry Gri�k Ly 1 e�1:i LZk s � Kc`i�h �Ic 1��nd S�}•mour �ruslci n hichard Gr.�ves Lconard Thiel . Also prc�sent df.st�ict of St. Louis Park re-convened (lef�. meecin� <7� 7:00� (,�rri.ved ,�� b:40) (ar.ived at 6:48) (arrived al-. 9:30; �.e�t at 9:50) � were the City Clerk and City Assessor, Bo�;� oF I'�E��IEG�1 Chairman Ha�l:s called Reviecs ot assessr,lent p�rp�se of revie�ai�g of the City for� ,the } C�SES the rneeting to district of St. and adjusting, ear 1975. order and stated tr►at the BoGrd of Louis Park was convened for the if nec�ssary, the property valuations The follo�•�ing cases came before the Board of Review and ineeau� oseeoihe complainant ��as informed that the Eoard wes �o����g �aluations for the reviewing and adjusting, if necesssry, th p p Y year lc�7j, Furtt�er, each complainant or his representative was lonu�hatd to stace�the nature of his comp1aint, and��°camembefore theoBoard, the would support his claim. In all cases th assessor submitced photos, sales dat�, and other inf�r�me��on andaresponded to the subject property and ad�acent or comparable p p Y, �o questions submitted Uy the �3oard or the appellants. Case \o. 7 � OcJner: �irs. Samuel Hechter Pro�erty: Doubie Bungalow Locatio.: 3005-09 blacl:s�one Plat: 50820 Parcel 3�Ot� , Mmrl:et values - ' 1972 i973 1975 $?5,700 Y- ' '='�`� , �',u,:.i00 182 Av�nue 4, CASES �Cont'd) �� Case No. 7 (Cont' d) . 1 Mrs, Hechter stated thar the,val.ue of the property was excessive due to several reasons, Some of these were• b' . eing ad�acent to bridge and railroad�tracics causes vibration and building cracks and is extremely noisy, High water problems and sewer bacicup in basement, No b�ck yard, r1rs, Hechter also stated property waS placed on the market :Eor $35,000 but couldn't se11 it, due to above problems, She �urther stated units are rented at $185.00 montl� but they have difficulty keeping tenants, Mrs, Hechter was informed her case would be taken under advisement by the Board and that she would be notified as to its recommendation and conclusion in the matter. Case No, 8 Owner; Alvin J. Fo�alla Property: Dwelling Location: 5725 West Lake Plat: 51660 Parcel 250 Market values - , 1972 1973 1975 $I7,800 $18,690 $23,200 Street � . Mr, Rogalla stated that no increase in his property valuation was justified due to business operations in the area contributing to heavy traffic and high noise and other pollution levels. He further.stated that alley and side street improvements were of no benefit to his property, although he was assessed therefor. He also stated he purchased the property in 1967 for $13,500, and has made no major improvements since purchase, Due to the above conditions Mr, Rogalla requested the Board to reduce the estim- ated market value of his property for year 1975. Mr, Rogalla was informed his case wou�d board and that he would be notified as in the matter, Case No, 9 Robert Biglow Case No. 10 (did not appear) Owner; Mathew Peake Property: Dwelling - Location: 1851 Melrose Avenue Plat; 50728 Parcel 3725 � Market value - 1972 1973 1975 $28,300 $3I, I00 $33,400 183 taken under advisement by to its recommendation and the conclusion . � ; � � ; � 4. CASES {Cont'd) Case No. 10 (Cont'd) �r, Pealce stated his property is over valued and that an increase of $2,300 in current year is noL justified. He fu��i�ar stated that his house is located approxi����ely 50i from Courl�y Road No. 18, and that due to heavy traf{ic v���ime the noise and other po�lution problems are extremely excessiv�. • To substantiate his clairn, Mr, Peake cited sound level readings on a Sunday afternoon to range from 72 to 74 dec���ls, and thcrefore his �prope�ty vaiues are affected adversely, I:e also requested the City to alleviate some of the noise problems with sound barriers, Mr, Hanks informe� him tha� the City had ���::empted resolution of this �roblem with :ieune�in County, but hasn' � uc�;i successful, Mr, Peake was informed h�s case w�uld be talcen Board and that he would be nutified as to its in the matter, Case No. 11 Owner: Charles C, and Nancy A, Faxon Property: Dcaelling Location: 3356 Rhode Island Plat: 51904 Parcel 4670 Market value - 1972 1973 1974 1975 $21,700 $25,000 $25,650 $27,600 under advisement by the recommendation and conclusion (Partial i.ncrease - improvements) Charles and Nancy Faxon both spoke in support of their claim that property value was excessive. In addition to objecting to an increase of a�proximately $2,000 in 1975, t'ney objected to a partial incxease in value ($650) in� 1974, due to partial completion of home improvements, They also stated their home did not have a finished basement and also had high water problems, In � comparison to other homes in their area, they stated their home had a higher value, although it was inferior in construction and had less improvements. Mr, & Mrs. Faxon were informed their case would the Board and that they would be notified as to conclusion in the matter, Case No. 12 Case No. 13 (cancelled) � Owner: Vernon and Rosalia Olson Propert�: D•��elling Locatio:i: 3307 Decatu: Lane Plat: 516i2 Parce� �010 184 be taken under advisement by its recommendation and 1 � 4, CASES (Cont'd) Case No, 13 (Cont'd) Marlcet value - 1972 1973 I975 $54,600 $57,330 $68,300 Vernon and Rosalia Olson both spoke in support of their claim that property value was excessive; Mrs. Olson, stated they purchased property in Ju1y, I974 at $62,S0� including personal property valued at $3,000, She further stated that a S% increase in value, or possibly 10%, would, perhaps, be realistic, but an increase of $10,970 or 19% in 1975 was too high, She also stated tha.t homes in their immediate area were sold at higher prices but had lower estimated market values, To support this claim she submitted the following: Address 1974 Est, Nllct, 1975 Est, Mict, 3300 Decatur Lane $49,400 $55,900 $65,000 3330 Decatur Lane $42,500 $51,400 J�$b0,000 3307 Decatur Lane $57,330 $68,300 �$59,500 3315 Decatur Lane $59,000 $64,100 $77,500 J Sale Price (appx) - 1974 I974 1974 19 7.� • - �Excludes personal property ' Mrs. Olson further objected to the valuation formulae used to arrive at the market values and also statedthe quality of cabinetry and other building const�ruction material was inferior, and therefore extra value placed on these items was unrealistic. . � Mr. & Mrs. Olson were informed their case would be taken under advisement by the Board and that they would be notified as to its recommendation and conclusion in the matter, Case No, 14 Owner: David M. Fink Property: Dwelling Location: 8701 Westmoreland Lane Plat: 52386 Parcel 7050 Market. value - 1972 1974 • 1975 $75,000 $75,000 $88,900 (reduced by Bd, of Rev, f rom $80,550) Mr, Fink stated that the increase of $13,900 in 1975 was excessive. He further stated,,that comparables are not realistic due to the unique neigh- borhood and contemporary design of his house. He also stated there is inadequate storm drainage in area, and that recently ne has h�d severe water problems in his basecnent. Due to these conditions r,e �elt his house had devalued, and that he presently could not sell for $75,000. Mr, Fink was informed his case would be tatcen under advisement by the Board and that he would be notified as to its recommendatior. azd conciusion in the matter. . Q 185 4: C� (Cont�d} Case No, 15 Owner: Herbert A. Mar golis Property: Dwelling Location: 8421 Westmoreland Plat: 52386 Parcel 8560 Market value - 1972 1974 1975 $90,000 �90,000 $99,900 La ne (Reduced by Bd, of Rev, from $100,000) � Mr. Margolis objected to the increase oi' $9,900 in 1975. Iie stated he purchased �lze house in 1971. for $82,000, and this amount included personal property totaling approxim�tely $30,000, He further stated the va3ue af his house is affected by lack of good streets and street lighting in his area. He also stated his house is adjacent to unbuildable lots that have become infested with rodents. Mr, Margolis also complained about in- adequate storm drainage in �he area, and that as a result oF this, he has had to spend large sums for repair and maintenance of his premises, He further stated that due to the above conditions, his house should be more realistically valued at $85 to $86,000, � Mr, Margolis was informed his case would Board and that he would be notified as to in the matter, Case No. 16 Owner: Michael F. Damon Property: Dwelling Location: 2821 Oregon Avenue Plat: 51060 Parcel 2880 Market value - 1972 , 1974 � 1975 $19,700 $21,300 $24,600 be �alcen under advisement by the its r�com.-nendation and conclusion Mr, Damon did not object to the valuation of above property, His primary concern involved an unbuildable 40' lot described as follows; That part lying north of south 20 feet of lot 14, Block 3, High H olborn Addition The market value on this lot was increased from $3,3G0 in 1972 �o $4,nC� in 1975, and �ue to t'r.e a�ove circumsta�4L.C�J (1�� be:.;:� u�z�;_:i�:c'.,.�yc r:s i. ) I�r. Dar�on stated he �ho�g�'.� tc,e ti�alua�:�011 co be excessiv`. Mr, Damon was Board a r�d �na t in the �la��er. ir.formed his case would be taicen under a�vis�r�ez:; by tlie ae wou�d be noti�ied as to its reco�:T.en��ci.,.�c. :,,:;� c�a.ciu�ion �, � 4, C� (cont'�) � Cr��n� 17 Owner: Irving R. I3r�nd . Property: Dwell.ing . Location: 4300 Forest Ro�d P1at: 50920 Parc�l, 2700 , Market values - 1972 1973 1975 $49,740 $51., 640 $60,300 (Reduced by Court from $57,850) Mr, Brand submitted, for the Board's for 5�ears I972 - 1975, in addition to valuation data, and other comparable He also pointed out that for tax year from $56,100 to 47,990, and that for valuation from $57,850 to $49,740. inform�tion, valuations on his property a listing of Ib properties, showing information, from 1968 through 1970. 1971 the Court reduced his valuation tax year 1972 the Cuurt reduced his Based on the above valuations and court decisions, Mr. Brand stated it appears unreasonable that within 3 years time, his property values should increase from $49,740 to $60,300, Mr. Brand wa s Board and that in the matter. Case No. 18 informed his he would be case would notified a be taken under advisement by tne to its recommendation and conclusion Owner: Rauenhorst Corp. (Geo, Connor, Rep.) Property: First Western Bank Building • Location: 8811 West 36th Street Plat; 52182 Parcel 4000 Market values - 1972 �1973 1974 1975 288,000 1,287,200 1,500,000 1,500,000 (Land (Land - partial bldg,) Mr, Connor, representing the Rauenhorst Corporation, submitted financial information and other data to the Board, relative to operatio ns of the First Western State Bank Building, He also explained to the Board the various approaches that could be used in determining building values. He pointed out that of the 46,187 total area, 41,739 sq, ft, was leased at $6,178, and the remainder, or 4�448 sq, ft, was leased at $6,50 per sq, ft, He also stated that a standard rate under prir,�,e conditions sh.ould be $7.50 per sq, ft, but that due �o the location o� the buil�ing, tnis was not possible. In response to the assessino departr,lent's cor.ten[ion that o�era�i :� co�:s were efcessive and 'thereby reducing c�ze i;co:�e 4p��aac"� ratio, �;�, C�n::o: subc�it�ed a compa�isoa snow�ng t.�e F:rst Western Duilc:�r.; co5ts e� $2, IZ7 per sq. ft, and �2.47b per s�. ft. produced by t5� �uiidin� Cwaers 1�� � � 4. C.4SES (Coa� `d} �a se Vo, 7.8 (Cont' d} Management Association combin�d group, He further stated that a current mort�a�e on �he property $938,000 was granted on the basis o� 75% of debt to value, this would produce a toCa;l valuatidn of $1,250,000. Mr, Connor �lso s�ated that Prudential xnsu�.�ance Comp�ny wouldt�' t purchase, � Mr, Connor w8s I3oa rd � nd �ha t in the matter. Case No. 19 in �he amount of and projecting tl1e building was o�fered for sa1.e to the oE America in 1i14 L-or $1,3 million, but they intormed his casc would b�: �alcen �under advisement by the hc would be noti.�ie�i as to irs recommendation and conclusion Owner; Kenneth and Sandra Ilrown ' P t • D 11' ' roper y, we ing Location: 2618 Yosemite Ave, Plat: 51911 Parcel 625 Market values - 1972 1973 1975 $31,300 $33,000 $41,000 Kenneth and Sandr� Br�wn both spolce i.n support of their claim that their property was excessively increased in 1975. They stated they purchased the property in 1971 for a nct $32,300, They also stated that comparable sales in their area ranged in the low $30,000 figures. They further stated they contacted a representative from a real estate firm who told them the house woul.dn't sell at $41,000. The Browns also contended that because public housing has been constructed i:n their area, their property would depreciate and the sales marlcet would be depressed. � Mr. & Mrs, Brown were informed their cas� would be taken under advisement by the Board and that they would be notified as to its recommendation and conclusion in the matter. Case No. 20 . Owner: Mrs, Ann Rovner Property: Dwelling Location: 2064 Virginia AVenue Plat:� 50890 Parcel 1350 Mark�t v�lucs - , �.9�2 1973 1975 he3G,2U0 $41, 100 $4i , ; ��� 183 .� � � ,: c ' . ) c;.;�c :;o . 2�� (Cotlt' d) i:rs. r;ovuer stat�d she could co�nprehend some increase due to the econor:�ic situation, but not $�,000. She further stated the house was purchased in 1968 for $34,UC0, aiid that they paid too much at that time due to immediate need, and no niajor improvements have been made siace purclYase. ::rs. Rovn�r was infor:ae3 her case would be taken under advisement by the :�oard and thst she,��ould be notified as to its recom�endation and conclusion in the �atter. . Case ��o . 21 Oe�mer : Alois TI. Lar.ipi Property: D��ellino Location: 3924 Dalcota Avenue Plat: 50460 Parcel 955 iiarlcet values - 1372 1973 1975 $46,700 546,300 $54,200 ��ir. Lampi stated that he requested appearance before the �'oard of Revie�T to protest the increase in�market value of above,proparty from $46,800 to $54,200 in 1975. To support his claim, Isr. Lanpi submitted the following informatiori: 1. Discrepancy in Uuilding area - 94 sq. ft. @$22.27 2. Bedroor.is over basement �arage should be computed at $1g.93 instead of $22.27 p�r sq. ft. - 60Q sq. ft..@ $3.34 3. Value of air conditioning system overstated 4. Table of values used by City terrninates at 2,000 sq. ft. If projected beyond 2,000 sq. ft. would reduce value at 2,530 sq. ft. to $21.27 instead of $22,27 per sq. ft. - 2,530 sq. fC. x$1.00 Total estimated decreases In addition to above, tlr. Lampi submitted alledgedly affects his property values: - $2,004 - 2,Q04 - 600 - 2,530 $7,Z38 the following information that 1. Actual physical depreciation�due to age and inferior materials used in fnitial construction and generai deterioration of buiiding and equipment. � 2. Obsolete when compared �aith present day large house standards materials, finishing and design. 3. Functional depreciation due to oversized house�in an area of small.er houses - overbuilt. 4. Economic depreciation resulting from being next to hospital k' I t and near industrial area. in � par ing o 5. Rental houses in the area cluttered with old �ires, motor bikes, tools, homemade trailer and junk. Estir.iated decre�se in value due to above itenls -$IO to �12,000. .• . 4. 5. � C�STS (Cont'd) Case i`o. 21 (Cont' d) IIr. Lampi aiso sta�ed tha� s.>: 1970 �he I�oarcl uf ?�evi.ew reduced the value of suU� ecr r��oP�::�: L� f �on $4v, ��C �o �;'��G, 7�-0, t,�:�i c��,� �,' �i 1��7L �.t �ras increaa�d to $46, 700 and in 197� to $46, 800, thus ne�a: �aL� ���� �:���=-1"� °� act�.on. In conclusion, i�tr. Lam�i statea thai: the martcet valu� on his l�ouse is over- sC�1��;d aL- ��.c�.l� c 514, G00 z�.::� �::�e iimz �ed value by $1.�, OGO. i�ir. Latupi was inforn�ed h-is case would be t::.?�en under advisement by the Board and �hat he would be notifiecl as t4 its rec��nmendation and conclusion in the mat�er. � r•.�c�css At 10 : 5 4 P. ri . June 30, 1975. the Board of Review meetiin� V73S recessed until 7:30 P. M•, � , 190 [tes ectfully submitted, . �arl E. 'danson City Clerlc