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05-15-95 agendaCITY OF RICHFIELD MONDAY, MAY 15, 1995 LOCAL BOARD OF REVIEW 5:45 P.M. COUNCIL CHAMBERS AGENDA CALL TO ORDER APPROVAL OF MINUTES OF (1) LOCAL BOARD OF REVIEW OF MAY 1, 1995 AND (2) LOCAL BOARD OF REVIEW RECONVENEMENT OF MAY 8, 199 I. RECONVENING OF 1995 LOCAL BOARD OF REVIEW FOR 6945 COLUMBUS AVENUE COUNCIL LETTER NO. 138 ADJOURNMENT AUXILIARY AIDS FOR INDIVIDUALS WITH DISABILITIES ARE AVAILABLE UPON REQUEST. REQUESTS MUST BE MADE AT LEAST 96 HOURS IN ADVANCE TO THE ADMINISTRATIVE SERVICES DIRECTOR AT 861-9702. CITY OF RICHFIELD, MINNESOTA Council Letter No. 138 Agenda May 15. 1995 Issue Statement: Second reconvening of the 1995 Board of Equalization. Background: On May 8, 1995 the City of Richfield reconvened the 1995 Board of Equalization. The Board considered nine cases deferred from the May 1 Board of Equalization meeting and readjusted one additional property from the May 1 meeting because of an error discovered by the County Assessor's office. In addition to the cases considered from the May 1 Board meeting, one additional appellant appeared before the Board on May 8 seeking an adjustment to their property value. Since there was no time to prepare for this unforeseen appeal, the Board voted to reconvene the Board of Equalization on May 15, 1995 at 5:45 p.m. for the sole purpose of considering the one appeal involving the property located at 6945 Columbus Avenue. The continuance was provided to give the appellant and staff full opportunity to prepare data on this property before Board action. Recommended Motion: Reconvene the Board of Equalization at 5:45 p.m. on May 15, 1995 and take action on the property located at 6945 Columbus Avenue. Basis of Recommendation: 1. Reconvening of the Board has been scheduled publicly at the May 8 meeting. 2. Information needed for the Board to make a determination of the remaining appeal will be available at or prior to the reconvened hearing date. 3. The Board of Equalization must conclude its business within 20 days of May 1, 1995. Alternative Recommendation: 1. None. Discussion/Decision Mode: It would be desirable to conclude the proceedings of the Board of Equalization on May 15, 1995. , Respectf submitted, Jam .Prosser City Manager JDP:ds Attachment AGENDA 1995 Local Board of Review City of Richfield May. 15, 1995 1. Wendy Larson 1995 EMV Recommendation 6945 Columbus Avenue South $93,000 No Change 26-028-24-33-0033 SUBJECT PROPERTY ADDRESS PID# 6945 Columbus Avenue South 26-028-24-33-0033 Sale Price $91,000 Sale Date 4/86 Story Height 1.25 Year Built 1954 Ground Floor Area 832 sq. ft Gross Building Area 1040 sq. ft. Fireplaces 0 Central Air Conditioning Yes Bathrooms 1/0/1 Finished Bsmt. Area 416 sq.ft. Garage 2 car detached Porches /Decks Other /Comments The subject has a pool. Lot Size 75 x 131 GRID -COMPARABLE DATA APPLICANT'S NAME: Wendy Larson ADDRESS: 6945 Columbus Avenue South PROPERTY ADDRESS: 6945 Columbus Avenue South P.I.D. #: 26-028-24-33-0033 MUNIC: Richfield ~'~~ ~ `~`~ 6945 6844 6820 7508 6639 Columbus Chica o Park Clinton Oakland Ex ansion Ex ansion Ex ansion Ex ansion Ex ansion 832 852 832 802 816 ;.;•... ~:`.•:'f~•~'?#:.`:::..}~.; .:4 . , 1040 1047 1040 994 1020 f~:.t•}:::.~ `'~'"'~'`"~" 1954 ~.: 1949 1955 __ 1950-_-_-- ~- 1946 .... •~~':::. s ; Avera a ~~•~ ~ •~f : ••d Good Good Avera a G d •;; . • • •.: ~~: ,..<;, „:: oo t ?.. ~~`..:'~, .,~ ' ~ 1 .. 1,3/4 1 1,3/4 1 .:. : . ~ 4~'v •...... ~;..... 1 0 0 0 1- oor ,. 416 .....................:. . . 426 416 481 245 ., . .. :. •~ ~ '" ' ' ' ...........r . No No No No Yes-Below Av . ~? 1:~`~ii~~:;?~';} Yes No Yes No Y Y„~.,.. ::: ., es ..~#`~~`"'~'~:.:'`.}~;~~'" •},:,~"` 480 • :.... 720 396 400 528 fi~i?~~~~<~;~`xY~:~`,,....,.z :.. 0 0 0 192 GLP 0 0 i~' :€} 0 0 360 ~ f~.r::}::::::::~.n ;:}:. .. : ~: ..:.... . . . .~}~~~~v~"`~}~~~'~•~~ ••'•~~~~~~~` ~`~ ~ 75 x 131 60 x 131 75 x 132 75 134 85 131 x x \•l}:•}::rj~.N;:.~ ~,i:'3:. tiv ti. ititi :.:. .:r:::•}J ~~j}:.:~.....t.,.~><.;:<;«?~'`•~`.~~ Pool No No No No COMP-SALE DATA: SALE DATE SALE PRICE SALE/SQ.FT./GBA SUBJECT-ASSMT DATA 1995 ASSESSMENT ASSESSMENT/SQ.FT. 4/86 2/94 $91,000 $97,900 $87.50 $93.50 $93,000 $89.42 6/94 3/94 5/94 $90,500 $94,900 $95,200 $87.02 $95.47 $93.33 SUBJECT-REVIEW APPRAISAL $96,000 $92.31 REMARKS: The subject property was inspected for the 1995 assessment. A remodeled kitchen was identified during this inspection. The owner could not arrange for a re-inspection after the board appearance. Compazable Sales RICHFIELD 6844 CHICAGO AVE. S. COMPARABLE #3 RICHFIELD 7508 CLINTON AVE. S. ;, ;' RICHFIELD 6820 PARK AVE. S. COMPARABLE #4 RICHFIELD 6639 OAKLAND AVE. S. CONFAB ABLE # i COMP A LE #2