HomeMy Public PortalAbout04.06.2016 Board of Appeal City Council Meeting PacketMEDINA►
SPECIAL MEETING AGENDA
MEDINA CITY COUNCIL
Wednesday, April 6, 2016
6:30 P.M.
Medina City Hall
2052 County Road 24
I. Call to Order
II. Local Board of Review and Equalization
For the purpose of reviewing and correcting the 2016 assessed property values or property classifications
in the City of Medina.
III. Adjourn
Posted 4.1.2016
TO: Medina Mayor and City Councilmembers
Scott Johnson, City Administrator
FROM: Rolf Erickson, City Assessor
DATE: March 31, 2016
RE: Local Board of Review meeting for the January 2, 2016 assessment
Minnesota law requires that the assessor value property at market value. Market value is defined by the
Minnesota Department of Revenue as:
"'Market value' means the usual selling price at the place where the property to which the term
is applied shall be at the time of assessment; being the price which could be obtained at a private
sale or an auction sale, if it is determined by the assessor that the price from the auction sale
represents an arm's-length transaction. The price obtained at a forced sale shall not be
considered."
Under current law there is no limit to the amount that the market value of a property can be increased any
year and the assessor is required to value properties on January 2" `r at full market value.
AGGREGRATE PROPERTY TYPE GROWTH (Total market value growth of each property type).
Individual property changes varied.
2010 2011 2012 2013 2014 2015 2016
Residential Lakeshore -11.0% -.07% 0% -1.3% +2.2°10 0% NA
Residential off lake -7.9% -5.8% -9.4% +1.6% +3.2% +3.9% +2.3%
Apartment -12.1% 0% 0% 0% 0% +4.5% +3.2%
Commercial + Industrial -6.9% -5% -.03% -3.6% -0.1% +.07% +3%
Farm NA% NA NA NA NA NA NA
Condo and Co-op -11.6% 0 -13.2% 0 +1.1% +10% +8.2%
Town houses, Medina Highlands -6.7% 0 -2.3% -4.6% +1 1.5% +3.6% +3.3%
This year the rates of Green Acres and Ag Preserve Parcels were lowered approximately 10% . The State
values are used throughout the State and they are based on purely agricultural sales from Southwestern
Minnesota. Tillable land is valued at $6,700/ac, pasture and woods are valued at $3,400/ac and wetlands
remain at $1,000/ac. The rates on the deferred Green Acres and non -Green Acre farmland remained level.
Current Assessment (2016) Current
2015 Total Market Value $1,484,779,300
2016 Total Market Value $1,582,851,900
2016 Improvements (Included in above 2016) $34,874,900
Net Increase Without Improvements $+63,197,700 4.3% (2016-2015-improvmentts)
Market Value: The most probable price in terms of money which a property should bring in a competitive
and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently,
knowledgeably and assuming the price is not affected by undue stimulus.
Classification: Classification is the use of a property as defined by state law. The most common
classifications are apartment, double bungalow, triplex, commercial, industrial, farm, residential and
residential lakeshore. Homestead is also a classification.
This year, due to new data systems, we are not including a sales book. Attached is a spreadsheet of sales in
the city and a copy of the duties and responsibilities of a Local Board of Review. We will have more sales
data at the meeting.
SORTED IN ORDER BY PROPERTY TYPE, STORY HEIGHT, GROSS BUILDING AREA (GBA)
DB=DOUBLE BUNGALO
R=SINGLE FAMILY RESIDENTIAL
RZ=ZERO LOT LINE TOWNHOUSE
X=CONDOMINIUM
Y=TOWNHOUSE
13-118-23-43-0013
2462 HOLY NAME DR
1 Story
1965
1,290
DB
4/1/2015
$180,255
18-118-23-24-0149
4605 BALSAM ST
1 Story
1965
936
R
5/7/2015
$213,885
24-118-23-12-0002
385 LAKEVIEW RD
1 Story
1966
1,040
R
7/6/2015
$200,900
24-118-23-12-0003
375 LAKEVIEW RD
1 Story
1968
1,144
R
6/5/2015
$193,000
12-118-23-12-0004
346 CHERRY HILL CT
1 Story
1991
1,682
R
3/1/2015
$290,030
05-118-23-42-0004
3555 CHIPPEWA RD
1 Story
1967
1,755
R
8/3/2015
$314,000
02-118-23-12-0024
1155 SETTLERS RD
1 Story
1999
1,884
R
12/1/2014
$657,000
01-118-23-43-0004
270 LYTHRUM LA
1 Story
2004
2,052
R
10/3/2014
$673,000
05-118-23-13-0004
3470 PIONEER TR
1 Story
2001
2,137
R
4/1/2015
$655,000
12-118-23-11-0038
3947 WILD MEADOWS DR
1 Story
2003
2,300
R
8/7/2015
$912,500
02-118-23-42-0003
4185 SHOREWOOD TR
1 Story
2000
2,346
R
3/1/2015
$628,400
02-118-23-12-0025
1145 SETTLERS RD
1 Story
1999
2,587
R
8/13/2015
$900,000
30-118-23-23-0022
4680 SPRUCE WAY
1 Story
2013
2,587
R
12/28/2015
$580,000
13-118-23-23-0006
650 NAVAJO RD
1 Story
1992
2,961
R
8/27/2015
$850,000
13-118-23-24-0007
525 NAVAJO RD
1 Story
1991
3,164
R
6/11/2015
$838,000
13-118-23-32-0008
2725 CABALINE TR
1 Story
1994
3,444
R
12/8/2015
$900,000
12-118-23-12-0024
315 CHERRY HILL TR
Split Entry
1990
1,056
R
8/28/2015
$311,500
18-118-23-22-0046
4675 FERN ST
Split Entry
1962
1,092
R
5/13/2015
$223,100
12-118-23-31-0032
480 RIDGE VIEW CIR
Split Entry
1987
1,136
R
5/1/2015
$354,500
18-118-23-22-0189
4672 WALNUT ST
Split Entry
2012
1,311
R
6/18/2015
$436,100
13-118-23-22-0006
3165 CARRIAGE DR
Split Entry
1980
1,396
R
5/26/2015
$635,000
12-118-23-31-0016
3478 ELM CREEK DR
Split Level
1987
1,500
R
7/2/2015
$340,000
03-118-23-23-0003
2240 CHIPPEWA RD
Split Level
1978
1,594
R
3/9/2016
$220,000
13-118-23-22-0014
3005 CARRIAGE DR
Split Level
1980
1,616
R
3/15/2016
$535,000
12-118-23-31-0031
500 RIDGE VIEW CIR
Split Level
1987
1,633
R
10/1/2014
$362,700
07-118-23-31-0002
3505 CO RD NO 19
1 3/4 Story
1900
1,481
R
11/1/2014
$408,000
28-118-23-13-0041
1245 MAPLEWOOD DR
1 3/4 Story
1992
2,144
R
9/30/2015
$595,000
12-118-23-34-0012
3311 RED FOX DR
1 3/4 Story
1978
3,276
R
9/23/2015
$500,000
18-118-23-24-0167
2825 ARDMORE AVE
2 Story
1994
1,396
R
1/1/2015
$245,817
12-118-23-12-0039
266 CHERRY HILL TR
2 Story
1991
1,668
R
5/14/2015
$320,159
18-118-23-21-0100
2992 ARDMORE AVE
2 Story
2000
2,027
R
8/4/2015
$466,000
12-118-23-11-0010
217 CHERRY HILL TR
2 Story
1991
2,100
R
10/14/2015
$359,100
23-118-23-42-0016
1905 HIGHCREST DR
2 Story
1971
2,124
R
10/1/2014
$391,000
23-118-23-24-0008
2045 TAMARACK DR
2 Story
1979
2,128
R
4/1/2015
$510,000
12-118-23-11-0019
210 CHERRY HILL TR
2 Story
1991
2,384
R
11/1/2014
$424,900
12-118-23-34-0023
495 RIDGE VIEW CIR
2 Story
1987
2,473
R
10/1/2014
$320,000
13-118-23-42-0008
242 MEDINA RD
2 Story
1912
2,526
R
5/1/2015
$450,000
02-118-23-43-0059
1032 JUBERT TR
2 Story
2013
2,611
R
11/1/2014
$417,000
20-118-23-41-0002
1820 HOMESTEAD TR
2 Story
1979
2,628
R
7/15/2015
$515,000
15-118-23-44-0005
1752 MORGAN RD
2 Story
1977
2,772
R
6/19/2015
$815,000
02-118-23-12-0023
1165 SETTLERS RD
2 Story
1998
2,805
R
11/30/2015
$623,000
28-118-23-14-0054
2410 KELLER RD
2 Story
2005
2,913
R
8/3/2015
$610,000
16-118-23-21-0002
2835 HAMEL RD
2 Story
1902
2,930
R
11/24/2015
$715,000
02-118-23-43-0019
1093 JUBERT TR
2 Story
2013
2,940
R
9/25/2015
$426,356
21-118-23-43-0004
2732 DEER HILL RD
2 Story
1981
3,012
R
4/1/2015
$490,000
02-118-23-11-0033
4680 MEDINA LAKE DR
2 Story
1999
3,062
R
6/30/2015
$620,000
02-118-23-23-0028
4402 TRILLIUM DR S
2 Story
2005
3,087
R
8/5/2015
$708,000
02-118-23-14-0041
4540 MEDINA LAKE DR
2 Story
1998
3,091
R
10/1/2014
$620,500
13-118-23-11-0037
3113 CYPRESS CIR S
2 Story
2013
3,200
R
6/30/2015
$634,990
02-118-23-41-0017
945 FOXBERRY FARMS RD
2 Story
1997
3,229
R
11/30/2015
$547,750
13-118-23-11-0018
3131 WILD FLOWER TR
2 Story
2013
3,328
R
5/2/2015
$638,000
02-118-23-43-0045
1088 JUBERT TR
2 Story
2013
3,360
R
1/29/2016
$515,000
02-118-23-43-0054
1052 JUBERT TR
2 Story
2013
3,400
R
3/1/2015
$592,000
02-118-23-12-0022
1110 SETTLERS RD
2 Story
2000
3,469
R
8/7/2015
$735,000
01-118-23-41-0012
105 SUNRISE CT
2 Story
2005
3,480
R
12/1/2014
$887,900
14-118-23-24-0009
1220 OAKVIEW RD
2 Story
1988
3,590
R
6/1/2015
$800,000
01-118-23-12-0019
340 BERGAMOT DR
2 Story
2004
3,648
R
11/19/2015
$899,100
02-118-23-23-0057
4460 BLUEBELL TR S
2 Story
2007
3,685
R
8/3/2015
$640,000
02-118-23-22-0022
4574 BLUEBELL TR N
2 Story
2006
3,693
R
12/1/2014
$878,000
01-118-23-23-0038
715 LILIUM TR
2 Story
2014
3,718
R
11/24/2015
$737,000
27-118-23-23-0003
1370 PHILLIPS DR
2 Story
1996
3,762
R
1/4/2016
$875,000
02-118-23-23-0006
4544 BLUEBELL TR N
2 Story
2008
3,780
R
2/1/2015
$815,000
01-118-23-44-0011
145 PRAIRIE CREEK RD
2 Story
2004
3,936
R
2/29/2016
$970,000
28-118-23-13-0047
2610 KELLER RD
2 Story
2007
4,049
R
1/20/2016
$1,118,950
02-118-23-41-0050
835 FOX PATH CT
2 Story
1919
4,079
R
2/26/2016
$251,350
01-118-23-43-0028
4070 WILD MEADOWS DR
2 Story
2005
4,095
R
12/23/2015
$810,000
01-118-23-43-0016
309 LYTHRUM LA
2 Story
2001
4,295
R
4/1/2015
$920,650
16-118-23-41-0004
2705 WILLOW DR
2 Story
1966
4,357
R
11/27/2015
$2,500,000
01-118-23-12-0003
275 BERGAMOT DR
2 Story
2003
4,461
R
8/8/2015
$1,850,000
14-118-23-14-0008
860 NAVAJO RD
2 Story
1992
5,008
R
5/1/2015
$850,000
01-118-23-13-0009
355 CALAMUS CIR
2 Story
2003
5,309
R
11/1/2014
$1,487,000
22-118-23-24-0002
2022 MEDINA RD
2 Story
1994
5,470
R
10/9/2015
$800,000
22-118-23-23-0007
2333 CO RD NO 24
2 Story
2002
8,050
R
10/30/2015
$4,300,000
12-118-23-32-0037
3508 PINTO DR
Townhouse
2000
1,842
RZ
11/1/2014
$325,400
12-118-23-32-0035
3516 PINTO DR
Townhouse
2000
1,842
RZ
12/4/2015
$270,000
12-118-23-14-0058
3827 LINDEN DR E
Townhouse
2002
1,920
RZ
10/7/2015
$530,000
12-118-23-11-0043
3854 LINDEN DR W
Townhouse
2002
1,921
RZ
6/1/2015
$524,700
12-118-23-11-0046
3860 LINDEN DR W
Townhouse
2002
1,925
RZ
7/17/2015
$538,000
12-118-23-14-0029
3820 LINDEN DR E
Townhouse
2003
1,925
RZ
9/15/2015
$467,240
12-118-23-14-0050
3723 LINDEN DR W
Townhouse
2004
2,868
RZ
10/3/2014
$505,000
12-118-23-14-0141
100 CLYDESDALE TR #315
Condo
2005
990
X
12/1/2014
$160,000
12-118-23-14-0075
100 CLYDESDALE TR #107
Condo
2005
1,272
X
11/1/2014
$237,500
12-118-23-14-0074
100 CLYDESDALE TR #106
Condo
2005
1,272
X
2/1/2015
$220,000
12-118-23-14-0144
100 CLYDESDALE TR #318
Condo
2005
1,272
X
12/21/2015
$168,260
12-118-23-14-0092
100 CLYDESDALE TR #124
Condo
2005
1,403
X
1/1/2015
$267,500
12-118-23-14-0147
100 CLYDESDALE TR #321
Condo
2005
1,403
X
5/15/2015
$252,500
12-118-23-14-0116
100 CLYDESDALE TR #219
Condo
2005
1,425
X
3/1/2015
$262,000
12-118-23-14-0094
100 CLYDESDALE TR #126
Condo
2005
1,425
X
3/1/2016
$251,000
12-118-23-14-0145
100 CLYDESDALE TR #319
Condo
2005
1,425
X
7/15/2015
$247,000
12-118-23-14-0151
100 CLYDESDALE TR #325
Condo
2005
1,562
X
7/15/2015
$300,000
12-118-23-14-0146
100 CLYDESDALE TR #320
Condo
2005
1,562
X
10/28/2015
$283,000
12-118-23-43-0031
3285 RED OAK TR
Townhouse
2013
1,813
Y
6/17/2015
$275,000
12-118-23-43-0034
3279 RED OAK TR
Townhouse
2013
1,926
Y
5/22/2015
$295,000
LOCAL BOARD OF APPEAL AND EQUALIZATION
SUMMARY OF DUTIES AND RESPONSIBILITIES
Most of the responsibilities listed under the Local Board of Appeal and :Equalization are
statutory, primarily found in Minnesota Statutes 274.01.
• The first responsibility is attendance. The Local Board of Appeal and Equalization is
an official public meeting similar to a City Council meeting and cannot convene
without a quorum. In addition to the local assessor, the county assessor, or one of
his/her assistants is required to attend.
• At least one member must be present at each meeting of the Local Board of Appeal
and Equalization (beginning in 2006) that has attended an appeals and equalization
course as developed and approved by the Commissioner of Revenue. The
compliance date is February 1st of the year of the current year's meeting.
• The valuation notices shall be in writing and be sent by ordinary mail at least ten
calendar days before the meeting of the board. The valuation notice will include the
dates, places and times set for the meetings of the Local Board of Appeal and
Equalization as well as the Hennepin County Board of Appeal and Equalization.
• The meetings must be held between April 1 and May 31 each year, including
reconvene meetings. The County Assessor shall fix a day and time when the Local
Board of Appeal and Equalization shall meet. The board must complete its work and
adjourn within 20 days from the time of convening stated in the notice of the clerk,
i.e. calendar days — original night is day one.
• The clerk shall give published and posted notice of the meeting at least ten days
before the date of the meeting.
• Local Boards of Appeal and Equalization must see that all taxable property is
properly valued and classified for the current assessment year only. The board may
consider both real and personal property, and both estimated and taxable value.
Personal property is limited to mobile homes and their storage sheds, decks and other
improvements located in a manufactured home park, structures on leased public lands
and RR operating ROW, and leased buildings located on land owned by the occupant
and used as their homestead.
• If any property has been omitted, the board must correct the assessment by adding it
to the list of assessments along with its market value.
• The board may not increase or decrease by percentage all assessments in a district of
a given class of property. Changes in the aggregate to assessments are by class and
are made by the County Board of Equalization.
• The board may not make an individual market value adjustment or classification
change that would benefit the property in cases where the owner or other person
having control over the property will not permit the assessor to inspect the property
and the interior of any buildings or structures.
" A l t h o u g h t h e L o c a l B o a r d o f A p p e a l a n d E q u a l i z a t i o n h a s t h e a u t h o r i t y t o i n c r e a s e o r
d e c r e a s e i n d i v i d u a l a s s e s s m e n t s , t h e t o t a l o f s u c h a d j u s t m e n t m u s t n o t r e d u c e t h e
a g g r e g a t e a s s e s s m e n t b y m o r e t h a n o n e p e r c e n t . I f t h e t o t a l r e d u c t i o n s w o u l d l o w e r
t h e a g g r e g a t e a s s e s s m e n t b y m o r e t h a n o n e p e r c e n t , n o n e o f t h e a d j u s t m e n t s m a y b e
m a d e . T h e a s s e s s o r s h a l l c o r r e c t a n y c l e r i c a l e r r o r s o r d o u b l e a s s e s s m e n t s d i s c o v e r e d
b y t h e b o a r d w i t h o u t r e g a r d t o t h e o n e p e r c e n t l i m i t a t i o n .
" T h e l o c a l b o a r d d o e s n o t h a v e t h e a u t h o r i t y t o r e o p e n f o r m e r a s s e s s m e n t s o n w h i c h
t a x e s a r e d u e a n d p a y a b l e .
" I f a n a s s e s s m e n t w a s m a d e a f t e r t h e l o c a l b o a r d m e e t i n g o r i f a t a x p a y e r c a n e s t a b l i s h
n o t h a v i n g r e c e i v e d t h e n o t i c e o f m a r k e t v a l u e a t l e a s t f i v e d a y s b e f o r e t h e m e e t i n g ,
t h e y c a n a p p e a l t o t h e C o u n t y B o a r d o f A p p e a l a n d E q u a l i z a t i o n .
" T h e b o a r d m a y f i n d i n s t a n c e s o f u n d e r v a l u e d p r o p e r t i e s . T h e b o a r d m u s t n o t i f y t h e
o w n e r o f t h e p r o p e r t y t h a t t h e v a l u e i s g o i n g t o b e r a i s e d . T h e p r o p e r t y o w n e r m u s t
h a v e t h e o p p o r t u n i t y t o a p p e a r b e f o r e t h e b o a r d i f t h e y s o w i s h .
" T h e l o c a l b o a r d s d o n o t h a v e t h e a u t h o r i t y t o a d d r e s s e x e m p t i o n i s s u e s . O n l y t h e
c o u n t y a s s e s s o r ( a n d t h e t a x c o u r t ) h a s t h e a u t h o r i t y t o e x e m p t p r o p e r t y . T h e y a l s o
h a v e n o j u r i s d i c t i o n o v e r s p e c i a l p r o g r a m s f o r w h i c h a n a p p l i c a t i o n p r o c e s s i s
r e q u i r e d ( V e t e r a n s M a r k e t V a l u e H o m e s t e a d E x c l u s i o n , G r e e n A c r e s , e t c . ) .
" A t a x p a y e r m a y a p p e a r i n p e r s o n , b y c o u n c i l , o r w r i t t e n c o m m u n i c a t i o n t o p r e s e n t h i s
o r h e r o b j e c t i o n t o t h e b o a r d . T h e f o c u s o f t h e a p p e a l m u s t c e n t e r o n t h e f a c t o r s
i n f l u e n c i n g t h e e s t i m a t e d m a r k e t v a l u e o r c l a s s i f i c a t i o n p l a c e d o n t h e p r o p e r t y .
" A l l c h a n g e s w i l l b e e n t e r e d i n t o t h e a s s e s s m e n t r e c o r d b y t h e c o u n t y a s s e s s o r '