HomeMy Public PortalAbout04/07/93 Board of Appeals CCMMINUTES
The Local Board of Review of the City of Medina, Minnesota met
Wednesday, April 7, 1993 at 7:00 p.m. in the City Hall Council
Chambers for the purpose of reviewing and correcting the
assessment of the city for the year 1993.
Present: Boardmembers John Ferris, James Johnson, Ann Thies,
Philip Zietlow and Mayor Anne Theis.
Absent: None.
Also Present: City Assessors Rolf Erickson and Ann Risch, James
Ingemunson, principal appraiser for the Hennepin
County Assessor and Clerk -Treasurer Jeff Karlson.
David Wessin, 1125 Hamel Road, said he recently refinanced his
home and the appraised value was $6,000 less than the estimated
market value of $89,000.
City Assessor Rolf Erickson said it is typical for banks to come
under the market value of a home to protect themselves from
overextending credit and increasing their risk.
City Assessor Ann Risch recommended the the market value be
lowered to $85,500.
Al Reckner, 2825 Lakeshore, said he purchased the property
October, 1992 for $101,000. Reckner said he tore down the
existing house so he could build a new one. He said the lot was
appraised at $60,000. The assessor placed a market value of
$87,000 on the lot and $35,700 for the partially completed home.
City Assessor Erickson recommended that the value stay the same.
Al Saari, 3132 Tamarack Drive, said there was a $12,500
difference between the market value of $168,500 and the appraised
value of $156,000.
Erickson said he doesn't put much credence in refinancing
appraisals. Erickson said if an assessor is within 5%, it is a
good appraisal.
Laurie Awes, 4550 Pioneer Trail, said she purchased a horse
breeding facility in August, 1990 for $220,000. Awes said the
property did not have operational restrictions until after she
purchased the facility for training and boarding horses. She
said she could board up to 28 horses, which was seven less than
before. Awes felt that this loss of potential income impacted
the value of the property, estimated at $218,000.
Boardmember Zietlow said there was no evidence that the property
value would decrease because of the restrictions placed on the
boarding of horses.
Boardmember Jim Johnson left the meeting at 7:50 p.m.
Lenny Leuer, 3625 Chippewa Road, said he lives near the Woodlake
Landfill where he has a direct view of the landfill. Leuer said
it is very noisy during the hours it is in operation and odors
are very noticeable. Leuer said the market value of his home was
increased to $104,000 but should remain at $102,600 where it had
been for the past three years.
Rodney Chuba, 2014 County Road 19, said the estimated market
value of his home was $101,500 and he recently had it appraised
at $105,000.
Boardmember Thies said he was better off with the lower market
value so he wouldn't have to pay additional property taxes.
Assessor Erickson told Chuba he was the beneficiary of a generous
appraisal from the bank which typically do not offer more credit
than they have to.
Steve Johnson, 3452 Elm Creek Drive, said the market value of his
home increased from $136,400 to $152,500.
Erickson said that based on residential sales of comparable homes
in Medina, the market value placed on Johnson's home is fair and
reasonable.
Lee Solhein, 243 Cherry Hill, said he recently purchased a home
for $134,900 and the estimated market value of the home was
placed at $153,600.
Boardmember Ferris said he was uncomfortable with the market
value being so much higher than the purchase price when the house
was just recently sold to Solhein.
BOARD ACTION:
David Wessin, 1125 Hamel Road
Moved by Thies, seconded by Ferris, to reduce the estimated
market value from $89,000 to $85,500 as recommended by the
assessor.
Motion carried unanimously.
Al Reckner, 2825 Lakeshore
Moved by Ferris, seconded by Thies, to leave the estimated market
value of $122,700 the same.
Motion carried unanimously.
Al Saari, 3132 Tamarack Drive
Moved by Thies, seconded by Ferris, to leave the estimated market
value of $168,000 the same.
Motion carried unanimously.
Lauries Awes, 4550 Pioneer Trail
Moved by Thies, seconded by Ferris, to reduce the estimated
market value of $218,000 by 5%.
Motion carried unanimously.
Lenny Leuer, 3625 Chippewa Road
Moved by Zietlow, seconded by Ferris, to reduce the estimated
market value from $104,000 to $102,600.
Motion carried unanimously.
Rodney Chuba, 2014 County Road 19
Moved by Thies, seconded by Zietlow, to leave the estimated
market value the same.
Motion carried unanimously.
Steve Johnson, 3452 Elm Creek Drive
Moved by Ferris, seconded by Mayor Theis, to leave the estimated
market of $152,500 the same.
Motion carried unanimously.
Lee Solhein, 243 Cherry Hill
Moved by Zietlow, seconded by Ferris, to reduce the estimated
market value from $153,600 to $145,000.
Motion carried unanimously.
Moved by Thies, seconded by Mayor Theis, to adjourn the meeting
at 8:38 p.m.
Anne E. Theis, Mayor
ATTEST:
y Karlson, City Clerk
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