BOE Min 1983-01-12 - Laserfiche WebLink

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At the request of City Attorney Schricker, all of the subject applicants and representatives of the appraisal company were sworn by City Clerk Hildebrand. 1. William Henry Twohy, 551 Skiff Circle, stated that the assessed value of his property is greater than for a similar house across the street, that the assessor did not look at his property and that it could not be sold for the amount assessed of $167,900 as market value. Mr. Twohy requested the assessed value of his property be reduced. Roger Torkelson, 1 Ashbury Terrace, San Francisco, representing American Appraisal Company, referred to the information sheet provided for Mr. Twohyls property noting he had used the median price of some seven sales of the identical plan by the same builder and described his appraisal process. It was pointed out that property value is considered as of March 1, 1982. Discussion followed concerning details of the appraisal procedure with specific reference to Mr. Twohyls property and similar properties. In response to questions from Mr. Schricker, Mr. Torkelson said he has used a market data appraisal approach, that there were no sales of identical property since September 1981 and that all identical models were assessed in the same manner. Bruce Albin, 569 Compass Drive, suggested that since many of the homes on Skiff Circle are not well maintained in accordance with require- ments of the CC&Rs (conditions, covenants and restrictions) that they are worth less than the identical homes in other better maintained locations. It was pointed out that reductions in assessment are not intended to be granted to reward those who violate CC&R requirements. Discussion continued concerning the responsibilities of the Board of Equalization in evaluating applications and what may be relevant to reduction. M/S: Biagi/Britschgi to deny the application of William Henry Twohy, Parcel No. 095-063-070, 551 Skiff Circle for assessment adjustment and that like properties are to be treated similarly as to use of a median assessment figure. In response to question, Mr. Schricker stated that there is no expectation that members of the Board of Equalization would make a field survey of the subject properties, professional appraisers having been employed to do so who may be questioned to the satisfaction of Board members. The motion carried by majority voice vote which Mayor Stangel determined to be 5-1. MINUTE ORDER NO. 83-6 2. H. C. Clough, 30 Deodora Drive, Atherton, owner of 23 Admiralty Place, stated there have been no recent sales of comparable properties and that he believes the value of his property has declined. Mr. Clough said that his assessment has increased 16% and requested that the amount be reduced to 8%. Mr. Torkelson noted two sales on the same street of the same models in September 1981 and also sales of two smaller models, one of which occurred as of the assessment date, both of the smaller models selling for more per square foot than for Mr. Clough1s property. He replied to questions relating to the occasional need to IIcatch Upll and noted that even if there is an adjustment downward as of 3/1/83 to reflect Bd. Equal. 1/17/83 Page 2 MINUTE BOOK NO. 44 Page No. 39 .. .--...-.-.---.,. ._~-_.._---_.~-