05-01-89 agendaCITY OF RICHFIELD, MINNESOTA
Council Letter No. 103
Agenda May 1, 1989
Issue Statement:
Convening of the 1989 Board of Review.
Background•
The 1989 Richfield Board of Review is scheduled for Monday, May
1, 1989 at 7:00 p.m. in the Council Chambers of City Hall. As
provided by City Charter, the Board of Review consists of the
Mayor, Council Members, and two citizens appointed by the City
Manager with confirmation by the City Council. Mr. Lawrence
Emond and Mr. John Janski were recently appointed to serve on the
1989 Board of Review.
The duties and responsibilities of the Board of Review are
established by state law. In general, it is the Board's
responsibility to hear appeals by property owners from the
Estimated Market Values established by the City Assessor and to
determine if market values should be adjusted. The appeals
typically concern market values rather than tax rates or other
concerns which property owners may bring up to the Board.
Each parcel of property in Richfield has had an Estimated Market
Value (EMV) set as of January 2, 1989. Overall, residential
- property values increased by approximately 1.5$ from 1988 values.
Properties which were physically reappraised received reductions
and increases, but were generally increased. Properties which
were not physically reappraised received statistical adjustments
based on the characteristics of the property and a computer
assisted assessment.
For the eighth year, the Richfield property assessment has been
conducted through a contract with Hennepin County which is
supervised by the Administrative Services Department. Staff
works closely with the Hennepin County property appraisers to
ensure that the local assessment complies with the provisions of
the law. For example, the Administrative Services Director
verifies that the number of on-site properties appraised for 1989
exceeded the standard (25$ of total properties in the City)
established by law.
In addition, the median ratio (comparing Estimated Market Value
to sales price) for Richfield's 1989 Assessment is 92.6$. The
County Auditor's suggested level of assessment (median ratio) for
all municipalities in Hennepin County is 92.5$. Thus, the
Richfield local assessment is on target with comparable Hennepin
County communities.
In March, property valuation notices were mailed to all property
owners showing the 1989 Estimated Market Value. The notices
advised property owners to contact the City Assessor's office
regarding any questions or to schedule an appearance before the
Board of Review if the property owner desired to challenge the
EMV. About 250 inquiries have been received to date, as compared
to 472 last year. In addition, 60 property reviews were done by
Assessing staff. Some resulted in adjustments by the Assessing
staff.
To date, the City has received three notifications of appeals to
the Local Board of Review. All of these individuals indicated
that they will appear before the Local Board.
A list of the property owners who are appealing their EMV is
attached to the Council Letter.
Any adjustments made by the Richfield Board of Review will be
recorded on the property assessment rolls. After appearing at
the Local Board, property owners-may subsequently appeal to the
Hennepin County Board of Review, and then to the State Board of
Review and/or the State Tax Court.
Recommended Motion:
It is recommended that the Board of Review convene at 7:00 p.m.
on Monday, May 1, 1989 and conduct the business scheduled for the
Board.
Basis of Recommendation:
1. State Statute and City Charter mandate a Board of Review
Hearing each year to be conducted before May 31, 1989.
2. The City Council has established Monday, May 1, 1989 at
7:00 p.m. as the date and time of the Board of Review
Hearing for 1989.
3. Notice of the Hearing has been published and posted
pursuant to law.
Alternative Recommendation:
None
Discussion/Decision Mode:
The Hearing is likely to be conducted and complete on May 1,
1989. However, if it becomes necessary, the meeting could be
continued to a future date in May.
Respectfully submitted,
Jame Prosser
City anager
JDP:eja
1. James Giordano 6607 Lynwood Boulevard
2. Kathleen Hanson 6424 20th Avenue South
3. Vernon Dworshak 7226 Queen Avenue South
SUBJECT PROPERTY
Address 6424 20th Avenue South
PID 25-028-24-23-0110
Story Height one Baths _
1st Floor Area 768 ~ Baths
one
Gross Building Area 768 Finished Basement 600 sq. ft.
Year Built 1956 Walkout no
Condition Avg• Fireplace no
1st Floor Rooms Kitchen, living room, Air Conditioning Yes
two bedrooms Garage 1027 sq. ft.
2nd Floor Rooms Porches/Deck -160 sq. ft. deck
Bedrooms. Two Lot Size 50 x 135
Comments: Purchased 2/87 $71,900
a
GRID - COMPARABLE DATA
APPLICANT'S NAME:
ADDRESS:
PROPERTY ADDRESS:
P.I.D. #:
MUNIC:
TYPE OF BLDG.:
UNIT LOCATION:
1ST FLOOR AREA:
GROSS BLDG. AREA:
YR. OF CONST.:
CONDITION:
1ST FL. ROOMS:
2ND FL. ROOMS:
BEDROOMS:
BATHS:
HALF BATHS:
SIN. BSMT. SQ.FT.:
WALKOUT:
FIREPLACE:
AIR COND:
GARAGE AREA:
PORCH AREA:
LOT SIZE:
James Giordano
6607 Lynwood Blvd
1112 W 66th St #1
28-028-24-13-0124
Richfield
SUBJECT
PROPERTY
Condo
Lower Level
1062
1062.
1981
Avg
4
2
1
1
single
Common. Area
COMPS-SALE DATA:
SALE DATE
SALE PRICE
SALE/SQ.FT.
SUBJECT-APPRAISAL DATA:
l~g8g ASSESSMENT
APPRAISAL/SQ.FT.
REPIARKS
1005 Rae Dr 1025 Rae Dr 1025 Rae Dr 1118 W 66th
#7 #7 #5 #3
COMP #1 COMP #2 COMP #'3 COMP #4
Condo Condo Condo Condo
Lower Lower Upper Lower
1062 1062 1062 1062
1062 1062 1062 1062
1881 1881 1881 1881
Avg Avg Avg Avg
4 4 4 4
2 2 2 2
1 1 1 1
single single single single
Common Area Common Area Common Area Common Area
4-81 7-88 5-88 5-87 12-87
$6g,g00 $74,900 $80,000 $6g,g00 $70,000
$65.8 1 $70.52 $75,32 $65.81 $65.91
$73,100
$68.83.
GRID - COMPARABLE DATA
'PLICANT'S NAME: Kathleen Hanson
„QDRESS: :f - 6424 20th Avenue South
PROPERTY ADDRESS: 6424 20th Avenue South
P.I.D. #: 25-028-24-23-0110
MUNIC:
Richfield
SUBJECT 6429 22nd '6321 22nd
PROPERTY COMP #1 COMP #2
TYPE OF BLDG.:
STORY HEIGHT:
1ST FLOOR AREA:
GROSS BLDG. AREA:
YR. OF CONST.:
CONDITION:
1ST FL. ROOMS:
2ND FL. ROOMS:
BEDROOMS:
BATHS:
HALF BATHS:
:N. BSMT. SQ.FT.:
WALKOUT:
FIREPLACE:
AIR COND:
GARAGE AREA:
PORCH AREA/DECK:
LOT SIZE:
COMPS-SALE DATA:
SALE-DATE
SALE PRICE
SALE/SQ.FT.
SUBJECT-APPRAISAL' DATA:
1989 ASSESSMENT
APPRAISAL/SQ:FT.
REMARKS:
Rambler Rambler Rambler
one one one
768 888 768
768 888 768
1956 1957 1957
Avg Avg Avg
5 5 4
2 3 2
1 1 1
600 400 0
no - no ~ no
no no no
yes no yes
1027 s.f. 576 s.f. 308 s.f.
160 s.f. deck 149 s.f. deck no
50x135 50x135 50x135
2-87 g-87 7-88
$71,800 $73,500 $62,000
$93.62 $82.70 $80.73
$63,700
$82.94
6513 .19th
COMP #3
Rambler.
one
748
748
1957
Avg.
4
2
1
400.
no
no
yes
576 s . f .
no
50x135
g-88
$66,500
$88.90
COMP #4
SUBJECT PROPERTY
Address 7226 Queen Avenue South
PID 32-028-24-14-0026
Story Height one
1st Floor Area 1080 ~ Baths
Baths one
none
Gross Building Area 1080 Finished Basement 400 sg. ft.
Year Built 1847 Walkout
no
Condition Avg. Fireplace
no
1st Floor Rooms Kitchen, living room Air Conditioning yes
three bedrooms Garage 24 x 36
2nd Floor Rooms
Bedrooms three
Porches/Deck 250 sg. ft. deck
Lot Size 75 x 134
Comments: New roof, new siding and windows on front and north side
GRID - COMPARABLE DATA
APPLICANT'S NAME: Vernon Dworshak
,DORESS: 7226 Queen Avenue South
PROPERTY ADDRESS: 7226 Queen Avenue South
P.I.D. #: 32-028-24-14-0026
MUNIC: Richfield
SUBJECT 2901 W 71st 6829 Thomas 7332 Thomas
PROPERTY COMP #1 COMP #2 COMP #3
TYPE OF BLDG.: Rambler Rambler Rambler Rambler
STORY HEIGHT: one one one one
1ST FLOOR AREA: 1080 g28 1040 884
GROSS BLDG. AREA: 1080 g28 1040 884
YR. OF CONST.: 1947 1957 1971 1950
CONDITION: Avg Avg Avg Avg
1ST FL. ROOMS: 5 5 5 5
2ND FL. ROOMS: __ __ __ __
BEDROOMS: 3 3 3 3
BATHS: 1 1 3/4 1 1
HALF BATHS:
SIN. BSMT. SQ.FT.: 400 450 300 400
WALKOUT:
no no no no
FIREPLACE:
no no no no
AIR COND: '
yes yes yes%~ no
GARAGE AREA: 864 484 280 440
PORCH AREA:
deck 250 none none none
LOT SIZE: 75 x 134 75 x 135 5o x 127 75 x 135
COMPS-SALE DATA:
SALE DATE 2-88 6-88 8-88
SALE PRICE 78,000 78,000 73,500
SALE/SQ.FT. 84.05 75.96 83.15
SUBJECT-ASSESSMENT DATA:
1989 MKT. VALUE 78,300
ASSESSMENT/SQ. FT. 72.50
REMARKS: Recommend no change
COMP T4
Installed after purchase