Laserfiche WebLink
Mr. Donnelly stated that people are paying more money for property overlooking water; <br />however, he will review their property. <br /> <br />Danny Goepfert, 7601 - 163rd Lane N.W., Ramsey, stated that his value went up almost <br />$8,000 with no major improvements. He felt that with these large increases, people will be <br />forced to move out of the City. <br /> <br />Mr. Donnelly informed Mr. Goepfert that he had been previously under-assessed which is <br />why his value went up more than the average. He reported that he would be out to review <br />Mr. Goepfert's property this summer and inquired if Mr. Goepfert didn't feel that his <br />property was worth $95,900. <br /> <br />Mr. Goepfert felt that the increase was way out of line. <br /> <br />Mr. Thurston explained that the value listed was as of January 2 and that the sales taken <br />into consideration happen from October 1993 through September 1994. He added that it's <br />been a very active market and he has seen tremendous escalation. <br /> <br />Mr. Goepfert commented that if the market goes backward, his value will not decrease. <br /> <br />Mr. Thurston stated he has never really seen the market move backward; decreases in <br />residential properties would be reflected if that should happen. <br /> <br />Mr. Goepfert inquired about a cap on increases. <br /> <br />Mr. Thurston stated that a property can only increase by 10 percent a year, excluding any <br />new construction. <br /> <br />Mr. Goepfert stated he would think about whether or not he wants his property reviewed <br />and will call the County if he decides he wants it done. <br /> <br />A.C. Del Howe, 16471 Sapphire Street N.W., Ramsey, stated he has been reviewing his <br />paper work for the last 10 years and his property valuation has gone up significantly; at <br />least 10 percent in the last year. He stated this is the first year he can remember not getting <br />stuck in his driveway and he would accept cash for his home right now. <br /> <br />Mr. Donnelly explained that he is scheduled to evaluate that property in June or July and <br />questioned if the owner didn't feel he would get $89,000 for it if he put it on the market. <br /> <br />Mr. Howe stated that most of his property is not buildable <br /> <br />Mr. Donnelly stated that the property valuation went from $81,900 to $89,500, which is an <br />8.6 percent increase. He scheduled an appointment to review the property. <br /> <br />City Administrator Schroeder stated there are a couple of commercial owners appealing <br />their assessment; one is Waste Management and the other is AmCor Concrete. <br /> <br />Mr. Thurston reported that they had just settled the tax position with AmCor. Some errors <br />were found and they have been corrected. <br /> <br />Mr. Schroeder inquired how the Assessing Department looks at Waste Management's <br />property. <br /> <br />Board of Review/April 10, 1995 <br /> Page 2 of 3 <br /> <br /> <br />